Discover Estate Planning Mistakes to Avoid With Michigan Estate Planning Attorney
Christopher Berry, certified Michigan elder law attorney from Witzke, Berry, Carter & Wander PLLC of Bloomfield Hills, an expert in estate planning, veterans benefits, Medicaid, life-care planning and the Affordable Care Act, is hosting a seminar for the public on common estate planning mistakes to avoid on Sunday, March 10 at 1:30 at Maple Village Senior Living, 6257 Telegraph Road, Bloomfield Hills, Michigan. Interested attendees are advised that seating is limited. Contact Gloria to reserve a seat at 248-0723-6275.
“The good news is that, while we see among our clients that these estate planning oversights are commonplace, all of them are easily remedied,” says estate planning lawyer Christopher Berry. “And the time and cost it takes to work with an estate planning lawyer to remedy these oversights is just a small investment in the future of your estate, and will make a huge impact on your own security and the assets you leave for your loved ones.”
Common mistakes discussed will include dying intestate, i.e., without a will or other form of estate planning. Without estate plans in place at the time of passing, an individual’s assets are usually distributed according to what the Probate Court deems best. This can cost the estate substantial tax losses, and is also a public process, which allows creditors and others complete access to all available information about the estate.
Other common mistakes include: simply passing property directly to children without stipulations to protect the assets; failing to formalize joint property issues; not having one of the many possible types of trusts in place; not properly funding a trust; not regularly reviewing documents after establishing them; and either failing to establish, or not properly establishing a living trust, or advanced healthcare directive, to ensure wishes are followed during an incapacitating injury or illness.
Mr. Berry is an established public speaker on topics concerning estate planning and elder law. He is a Certified Elder Law Attorney (CELA), well-versed in the legal issues and estate planning challenges faced by the clients he works with as part of his comprehensive practice.
Learn more at http://www.michiganelderlawattorney.com/
The Elder Care Firm of Christopher J. Berry
2550 S Telegraph Rd.
Bloomfield Hills, MI 48302
Toll free: 855-41-Elder (855-413-5337)
- Michigan Veterans Benefits for Home Care
Many Michigan families do not realize that there are Veterans Benefits available to pay for home care, care contracts and assistance in the home for seniors. As one of the few Certified Elder Law Attorneys in Michigan, my practice is devoted to helping seniors, veterans and their families navigate the long-term care legal maze. A […]
- Alzheimer’s Disease Explained in Video
Here is a short 3 minute video that helps explain the process of Alzheimer’s Disease. You can watch the video at http://alzheimersawareness.net/understanding-alzheimers-in-three-minutes/#KzUOgAZCM1GRhlIh.01 As a Michigan elder law attorney who helps many of my clients navigate the long-term care maze involving transitioning from home care, to assisted living, to memory care, to nursing home care, I know […]
- Dementia Research Under Threat Over Lack of Funding
By Chris Berry Insufficient funding is threatening imperative research work into dementia. A number of projects are facing closure while arduous scientists may have to quit as a result of not being able to make a regular living wage. (Related: Obamacare’s Impact on Medicare Advantage) According to Shadow Health Minister Andrew Gwynne the government is largely […]
- Americans Discovering Their Parent’s Dementia Over the Holidays
A recent report has revealed that thousands of Americans are likely to first recognize signs of their parents’ dementia while visiting with them during the holidays. (Related: Websites for Family Caregivers) “Shortly after arriving home from the airport, an estimated tens of thousands of adults will invariably witness one or both parents forget something that just […]
See other news sources publishing this article. BETA | Tags: Michigan asset protection, Michigan elder law attorney, Michigan elder law lawyer, Michigan estate administration, Michigan estate planning, Michigan Medicaid planning, Michigan special needs planning