Family-Centered Estate Planning, Wealth Preservation & Elder Law
Estate Planning Report Card
Take the following 5-minute test to find out whether your estate plan is in proper order. After you complete the questions below, click "Continue" to e-mail your Report Card to attorney Glenn Matecun. Glenn will respond by e-mail with a complimentary analysis of your "report card" within 48 hours.
1. What is your e-mail address?
2. Do you have a comprehensive written estate plan?
3. Will your estate plan avoid what is commonly called a "living probate" (a court guardianship or conservatorship) if you are disabled?
4. Does your estate plan include a written "HIPAA Authorization" that allows the release of your medical information to your loved ones?
5. Are your health care emergency documents available 24/7 from anywhere in the world?
6. Will your estate plan avoid Probate Court (and the related costs, delays and loss of privacy)?
7. If you already have a "living trust", is it fully funded -- that is, are your assets properly titled in the name of the trust?
8. Does your estate plan reduce or elimate estate taxes?
9. Is your retirement plan set up to allow your child to "stretch out" the tax deferred growth over decades, with the added benefit of asset protection?
10. Is your child's inheritance protected from his or her divorce, creditors and "sudden wealth syndrome"?
11. If you have minor children, does your estate plan ensure that they are raised by your choice of guardian?
12. Does your estate plan include a follow-up "Client Care Plan" to make sure it is reviewed by an experienced attorney at least every 2 years?
13. Have you put your son's or daughter's name on your bank accounts or on the deed to your real estate?
14. Is this your second marriage?
15. Do you own real estate (vacation home, etc.) in another State?
This information is designed to provide a general overview with regard to the subject matter covered. Glenn Matecun is licensed by the State of Michigan and this website is for Michigan residents only. The authors, publisher and host are not providing legal, accounting, or specific advice to your situation. IRS Circular 230 Disclosure: Any federal tax advice contained in this communication, including attachments and enclosures, is not intended or written to be used, and may not be used, for the purpose of (i) avoiding tax-related penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any tax-related matters addressed herein.