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Lynnmarie Johnson Lynnmarie Johnson, Attorney-at-Law Trust Lynnmarie
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Lynnmarie A. Johnson, JD, CPA
ATTORNEY-AT-LAW
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4488 W. Bristol Rd.
Flint, MI 48507
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Office: (810) 820-2791
Fax: (810) 820-2794
contact@trustlynnmarie.com



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What is Estate Planning and Why do I Need it?

Estate planning is a very general term for a very large group of issues that arise at the time of a person's death and/or incapacity. Death is not a subject that most people want to contemplate, let alone plan for. However, by planning for it, you can make sure that any issues that arise because of your death or incapacity are taken care of in the way you would have wanted them to be. Estate planning allows you to decide, in advance, who will control your estate, who will get the benefits from your estate and how they will get the estate benefits. It also allows you to determine who will make decisions about your healthcare if you are unable to do it yourself.

Everyone needs to do estate planning. At the very least, you should have a Will, a Durable Power of Attorney, and a Healthcare Patient Advocate form. The Durable Power of Attorney will allow the person or people, you chose, to make your financial and healthcare decisions if you are unable to make them yourself. If you do not have a Durable Power of Attorney or a Healthcare Patient Advocate form completed, your family or the person seeking to help you, in your time of need, will have to go to Court and have the Court appoint someone to make these decisions for you.  Your Will tells the Court who you want to oversee the handling of your estate and the disposition of your assets. If you do not have a Will, the laws of Michigan dictate what is done with your estate and who will receive it. The Court will also get involved to settle any disputes or if there is any disagreements about how the law should be applied. Your wishes are not known, so you get the "default" and your estate may not be distributed in the manner you wish.


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© Lynnmarie A. Johnson, JD, CPA • All Rights Reserved.

Any information that you obtain at this site is not, nor is intended to be, legal advice. Before taking any action based on this information, you should first consult an attorney in your area about your specific situation. No Attorney-Client relationship is formed unless it is first agreed upon in writing.

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