Planning For The Future Requires Appointing The Right People
While it can be scary to think about bad things that might happen, preparing for the future is in everyone’s best interest. Identifying someone you can trust is an important step in determining who can carry out important decisions for you when you are incapable. You never know what can happen so it’s better to make decisions before it’s too late. The Law Offices of Lorrie J. Zahodnic, P.C., has been helping clients understand guardianships and conservatorships throughout Michigan for 30 years.
Understanding The Difference
While both are important, guardianships and conservatorships have two different purposes. A guardianship gives someone the authority to make health-related choices on your behalf. This is only in situations where you are incapacitated or incompetent. It is crucial to have someone who would understand what you would want.
Similarly, a conservatorship is when someone is given the right to make financial decisions should you become unable. They can also be responsible for managing your bank accounts, investments and other assets. This includes paying bills, collecting debts and managing your estate. It is important to have someone who understands your wishes so that they can carry out your plans.
If you don’t have listed someone in your will or estate plan, the court will be forced to appoint one for you. This can be tricky because the one appointed by the court may not be sure of how to handle the situation. By picking the right person, you can rest assured that your wishes will be carried out.
Don’t Wait; Call Today
We approach estate planning from a holistic, long-term view. It’s important to plan for unforeseen circumstances. Our firm works closely with our clients to truly understand their needs. We can help you come up with a future you can be comfortable with. Call our office in Clinton Township today at 586-630-5035 or fill out our contact form.