Everyone needs to plan ahead for what happens when they can no longer call the shots. Too many people only become concerned with estate planning near the end of their lives, but the truth is that it’s something they should be thinking about long before it may be needed.
Estate planning allows you to determine how your medical decisions will be made in the event that you can’t voice your wants and needs. It also uses different techniques to facilitate the transfer of your assets after you pass away. It is essential to begin planning for the future, and there’s no time to do so like the present.
Each and every situation is unique, so your plan must be, as well. Here are some of the ways that Law Office of Yvonne Michaud Novak. can help you secure your future and the futures of the ones you love most.
Asset Protection & Business Planning
Achieving financial security is a dream for many, and it is a dream that you can achieve if you make smart choices about your assets. You need to be cautious and strategic not only when growing your wealth or building a business, but also in protecting what you have built. YMNLAW can help. Our Duluth asset protection and business planning attorneys provides the type of guidance you need to make effective use of legal tools to keep your wealth as secure as possible.
Estate Planning Services
Estate planning services can benefit people of all ages who care about their own futures and about their family’s future. Estate planning services are not a concern only for the elderly worried about end-of-life issues, but for everyone since it is impossible to know when illness or injury could strike.
Family Owned Businesses
Throughout the United States, around 28 million small businesses serve as bedrocks of their communities, providing valuable products and services to customers throughout towns and cities. Owning one of these businesses is an American dream for many. When you build a business with your own two hands, this company can be your legacy and it can last through the generations, providing for your loved ones long after you are gone.
Becoming incapacitated by illness or injury is something that many people are very frightened of. No one wants to be left unable to communicate and at the mercy of others to manage their affairs and make their every life decision. Unfortunately, because so many are scared about this happening to them, too many people don’t think about incapacity or make plans in advance in case this tragedy occurs. If you have not planned for incapacity, you are putting yourself and your family in a very bad situation.
According to the ASPCA, approximately 2.7 million homeless pets are euthanized each year because no homes can be found for these animals. In some tragic cases, those cats and dogs who lose their lives were once beloved pets who found themselves homeless because of the death or incapacity of their owners. You can make sure your pet never suffers this fate by working with YMNLAW today to make a pet plan.
Trust Administration & Probate
YMNLAW provides representation during the trust administration and probate process to clients in Duluth, MN and surrounding locations. Our legal team can make these complicated processes easier after a death by taking care of the legal issues involved as you focus on your family during a time of grief. We protect assets and inheritances while helping to get the trust administration and probate processes completed as quickly and cost-effectively as possible.
If you could eliminate your debt without permanently damaging your credit, why wouldn’t you? You are not alone contemplating getting a fresh start. Millions of Americans have also chosen bankruptcy to help them rebuild their future. A clean slate is the ultimate tool of empowerment. Bankruptcy may not be the right decision for you, but you owe it to yourself to become educated about all of your options so you can make an informed decision.