“All good men and women must take responsibility to create legacies that will take the next generation to a level we could only imagine.” ̄ Jim Rohn
Senior Citizens Have Unique Estate Planning Concerns
Congratulations! You made it to be senior citizens! Your children are grown. You may have grandchildren. Your work is finished. Hopefully, you are in good health.
Unfortunately, life continues onward with problems unique to your status. You are probably here because you are worried. Your “golden years” have brought new problems. Who will take care of you and make financial decisions for you if you are ill? Who will make sure you do not suffer in a vegetative state or insure that you live every last moment you can? And worst of all how will you ever pay for a nursing home if you need to?
And that’s not all. If you pass away who will take care of your spouse? Are there enough financial resources? Who will honor your final wishes about your remains? Will your children and grandchildren receive what they need to when they need to after your spouse passes away? If your children don’t get along how will you avoid conflict between them?
Can you protect a child or grandchild’s inheritance from creditors, spouses, or ex-spouses? And what about taxes? You’ve heard about estate taxes, gift taxes, generation-skipping taxes. Finally, you’ve probably experienced this with your parents or other relatives. It all makes your head hurt.
You know you need help to re-establish your peace of mind. And to create certainty about your affairs. You are confused about how to do this. You want and deserve an attorney that explains things clearly and solves your problems for a reasonable price.
I know how you feel
I have personally experienced the horrible agony of indecision and inexperience. When I graduated from law school over thirty-five years ago, I had a head full of theory and no practical experience. If an older attorney named Robert Gagniuk had not taken me under his wing and “showed me the ropes,” I might never have figured it out, and I will always be grateful to him for his mentoring. I am available to you to be your mentor in this process.
Also, there is an old maxim in the law that states: “The lawyer who represents himself has a fool for a client.” Even though I am a lawyer on occasion I have had to hire a lawyer myself when I have had a problem outside of my area of expertise. Because of this, I know exactly how you feel. And I want to spare you that pain.
Because many of my clients are senior citizens like you, I only charge reasonable flat fees. In short, there is never an hourly charge, and there are never any surprises.
In my office, you will follow a Professional Estate Planning Process. First, we will schedule an appointment to discuss your family situation in detail. Next, I will create a customized plan for your family for a reasonable flat fee. Third, we will execute the plan together. And finally, we will implement the plan.
Senior citizens are in good hands in my office
After all, it took eight years of schooling to become a lawyer. Specifically, my learning never stops because I take continuing legal education courses on a regular basis to maintain and improve my skills. Likewise, my practical experience runs deep. For example, I am a former Circuit Court Clerk. In addition, I am a former Special Assistant Attorney General. Moreover, I am a former Attorney Grievance Panel Chairman. Finally, I am a former adjunct professor at the University of Michigan. Most importantly, for over 35 years I have practiced Estate Planning, Guardianship and Conservatorship law.
As an illustration, I have handled over two thousand cases. On account of my experience some people have provided the testimonials below about how I do what I do. In conclusion, you can have confidence that I possess the depth of experience required to prepare a custom plan to meet your individual needs.
So, you can get started now by calling me at (248) 432-1612 and scheduling a free consultation.
However, if you need more information first you can learn some more at the page on this site named Wills v. Trusts
Senior Citizens are at Risk for Guardianship or Conservatorship.
This is also a bad thing. In the event of a devastating illness such as stroke or Alzheimers disease without a plan the only resort is to create a Guardianship and Conservatorship for someone to take control of your affairs under court supervision.
Proceedings of this nature cost a minimum of $3,500.00, and I represented a client in a contested case that cost $65,000.00. If your loved one is appointed, the job is extremely burdensome because he or she must account to the court and file annual reports. The most alarming thing of all is that the court may find your spouse unsuitable and appoint a stranger to fulfill these extremely important roles. At Douglas E. Kuthy Law, we help families plan ahead to avoid these complications and protect their loved ones’ interests.
their decisions regarding your well-being or finances.
You Can Insure Your Legacy…
On the other hand, if you do create a proper plan, handling your affairs in any of these circumstances is extremely simple. I have had many former clients thank me profusely at the ease with which their loved ones’ estates have been settled under plans I have drafted.
This is the best insurance policy you can buy – a one-time premium for less than the annual cost of an auto insurance policy – and although it will not ease the pain of your passing, it will leave a legacy according to your terms and your timing and save your family countless hours of pain.
Planning your estate properly will result in removing your anxiety and your fear. When you are done you will be educated and have peace of mind because you will have a certainty of outcome. Call me at (248) 432-1612 or email me at info@douglaskuthy.com and schedule your free consultation now.
