Many Grand Rapids families and families throughout Michigan have the misperception that estate planning is simply preparing for one’s death and is only necessary for the “wealthy.” The truth is that estate planning is as much about passing values to loved ones as it is about passing material possessions.
So, it should come as no surprise that a February 16, 2012 Forbes article describes estate planning as “the most important love letters you’ll ever write,” encouraging readers to “find inspiration in knowing that you’re caring for the people and causes you love, even if you’re not here anymore.”
The Forbes article correctly concludes that estate planning is for every adult American (including us right here in Grand Rapids, Mi), and that everyone should successfully complete “thoughtfully prepared estate planning documents.” The complexity of those documents may change for more affluent people, but the need to care for loved ones and causes exists for everyone. And working with a qualified Grand Rapids, Mi wills and trusts attorney helps enlighten people as to all they can accomplish through the estate planning process.
I recommend you read the full article, titled The Most Important Love Letters You’ll Ever Write, by clicking here.
And you can read some of my blog posts on similar topics by clicking the links below:
Michael Lichterman is an estate planning and business planning attorney who helps families and business owners create a lasting legacy by planning for their Whole Family Wealth™. This goes beyond merely planning for finances – it’s about who your are and what’s important to you. He focuses on estate and asset protection planning for the “experienced” generation, the “sandwich generation” (caring for parents and children), doctors/physicians, nurses, lawyers, dentists, professionals with minor children, family owned businesses and pet planning. He takes the “counselor” part of attorney and counselor at law very seriously, and enjoys creating life long relationships with his clients – many of which have become great friends.