It’s critical to think ahead, especially if you have a family to support. Your loved ones will have a hard time navigating the waters if you’re the bread winner of the family and they need to turn to the guardian you put in place of your estate.
According to Kiplinger, “Before it becomes necessary for a guardian to be appointed to handle your physical or financial decisions, think about whom you would trust to act in that capacity and put it in writing. Let others know that if a guardian is needed, this is the person you want to serve in that capacity. A one-page directive will make your wishes clear and remove this important decision from a judge, who knows nothing about you or your priorities.”
Learn more about why guardianships should be a last resort here.
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If you’re interested in learning more about estate planning, please contact estate planning attorneys in Ann Arbor at 734-665-4441.
