Wills & Probate Law
Wills
I can draft a simple will where you will state as to who will
receive your assets. Young parents with no assets need a will just
as much as people with a lot of assets because it is important that
they state as to who will take care of their children should they
pass away. Young parents who die in an automobile accident or plane
crash could leave a very large estate or lot of money to their children
which would cause a lot of caring and uncaring people to want to
take care of your children. It is important to draft a will so that
caring people will raise your children.
Power of Attorney and Medical Power of Attorney
It is important to give a person the power to make medical or financial
decisions on your behalf if you should become incapacitated to do
so. It is imperative that you have a medical power of attorney because
in Michigan if you should get in an accident and are conscious but
incapable of talking, paralyzed and only kept alive by machines
or feeding tubes the courts have held that you must be kept alive.
Probate
If someone has died Robert D. Paulbeck can transfer the assets
from the decedent's estate to the beneficiaries. The only assets
that are required to be probated when a person dies are those assets
that are in that person's name alone. All joint property or property
that has a designated beneficiary is not subject to probate. For
example, a house with a husband and wife on the title is not subject
to probate because the property automatically passes from the decedent
to the surviving spouse. When the surviving spouse dies then the
house will have to be probated so that the house can be transferred
to the decedent's heirs.
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