Estate Planning Attorney In South East Michigan Warns About Critical Blunders

Gudeman & Associates, P.C., based in Royal Oak, MI, has published a blog post providing advice to people on estate planning blunders they should avoid. The estate planning firm wants to emphasize that estate planning is serious business and says to people, "don't make these 5 critical estate planning blunders" if they want to avoid major problems in the future, particularly for their beneficiaries and loved ones.

Ed Gudeman, a lawyer at the firm, says, "Still, you’ll be surprised by how common these mistakes actually are. For instance, there have been cases wherein loved ones were accidentally cut out of inheritances, forcing them to go through expensive legal battles just to fix it. You will want to avoid these unpleasant and sad scenarios. You will want your will to be carried out as smoothly as possible."

Not being aware about legal technicalities, many people tend to leave out certain things. Ed Gudeman points out, "That is why you need help from a financial planner and an estate planning attorney. Together they can ensure that every detail of your will is ironed out and that nothing is left vague or undefined."

The five common errors made by people when it comes to estate planning are: not considering their beneficiaries when they are making their will; failure to plan ahead; not writing the will properly; selling the property for a very low value as a way to avoid gains tax; and failure to deal with guardianship for minors.

The attorneys at Gudeman & Associates, P.C. have expertise in estate planning, tax law, business planning, bankruptcy, and real estate. For more than 45 years, they have used their expertise, experience and knowledge of laws to make sure that their clients and their families are protected. They serve people and businesses in the Detroit area, which includes such places as Berkley, Auburn Hills, Bloomfield Hills, Clinton Township, Franklin, Grosse Pointe Farms, Woods Keego, Macomb Township, Plymouth, Royal Oak, Rochester, Saint Clair Shores, Sterling Heights, Waterford, and Westland.

With regards to estate planning, Gudeman and Associates offers advice on wills, trusts, and powers of attorney. Ed Gudeman says, "Gudeman and Associates has over 100 years of shared experience to get you the results that your family needs. We offer but are not limited to: Durable Power of Attorney, Family LLCs, Healthcare Power of Attorney, Limited Powers of Attorney, Trusts and Special Needs Trust formation, and more."

For business taxation, the firm provides custom solutions for across the board tax resolution and strategy. They are able to handle tax collection issues for both federal and state. Other issues that they can handle include Wage levies, seizure of personal and commercial assets, collection agency issues, tax warrants, and liens. Ed Gudeman also states that they are able to handle civil litigation issues and bankruptcy problems.

Other services provided by Gudeman and Associates have to do with civil litigation and collections. According to Ed Gudeman, "Civil litigation refers to a legal dispute between two or more parties that seek money damages, property or specific performance, which is the performance of a contractual duty. A lawyer who specializes in civil litigation is known as a litigator or trial lawyer." Gudeman and Associates can provide the litigator or trial lawyer who ensures that the client will be able to get the best outcome. Meanwhile, collection agencies sometimes resort to scare tactics and harassment by calling the debtor at work or texting his personal phone. For people who owe a debt to a collection agency, the firm can provide an experienced attorney to make sure that they are fully protected.

Meanwhile, the quality of their service is attested to by the positive reviews they have received from past clients. Overall, they have an average rating of 4.7 out of 5 stars. For instance, Thomas K. gave the firm five stars and says, "Ed made a thorough job of it. I was very satisfied with his work. I would work with him again in a heartbeat." Brandon L. also gave the firm five stars and says, "Best experience I've ever had with an attorney. They dealt with everything on my case promptly and got an agreeable outcome for me. If I ever need an attorney again I will be coming back."

Those who want to get more information about the article on common estate planning mistakes or who want to schedule a no-obligation consultation can visit the website of Gudeman & Associates, P.C. in Royal Oak MI or contact them through the telephone.