What is a Deed Restriction?
February 3rd, 2025
Current Michigan real estate transactions for purchasing both residential and commercial real estate commonly involve restrictive covenants and deed restrictions. A restrictive covenant, or deed restriction, is used to impose limitations and conditio…
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Categories: Real Estate
Make a Patient Advocate Designation Part of Your Core Estate Plan
January 11th, 2025
A core estate plan protects you and your family’s well-being. One important document that should be part of every core estate plan is a Patient Advocate Designation, sometimes referred to as a “Power of Attorney for Health Care”, in which you d…
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Make the New Michigan Power of Attorney Part of Your Core Estate Plan
November 24th, 2024
A core estate plan will protect your financial interests and family’s well-being, and includes four important documents. One important document that should be part of every core estate plan is a Durable Power of Attorney (DPA). A DPA allows you to…
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National Estate Planning Awareness Week: An Important Reminder
October 29th, 2024
National Estate Planning Awareness Week, which was adopted in 2008, occurs every year in October and provides an important reminder about making the effort to create an estate plan, or to review your plan if you already have one. An estate plan deter…
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Categories: Estate Planning
Estate Planning for Your Vacation Home
September 23rd, 2024
The family vacation home, whether it is a cabin, cottage, house or condo, is often cherished for the lifelong memories and family traditions it provides. Many Michiganders want to keep their vacation properties in the family for their children and fu…
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Categories: Estate Planning
When to Hire a Real Estate Lawyer in Michigan
August 28th, 2024
For most people, the purchase or sale of a house is often one of the most financially significant transactions that they will make. Consequently, an experienced real estate lawyer is the best way to make sure the numerous and sometimes complex legal…
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Categories: Real Estate
Joint Revocable Living Trusts For Parents with Minor Children
August 12th, 2024
In Michigan, establishing a Joint Revocable Living Trust as part of your estate plan can be an excellent choice if you have minor children or young adult children. What is a Joint Revocable Living Trust? A joint revocable living trust (JRLT) is a sin…
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Categories: Estate Planning
Starting an Estate Plan in Michigan
July 17th, 2024
Estate planning is for everyone. It provides a method for an orderly distribution of your assets and property following death and also serves the equally important purpose of protecting you and your family during your lifetime in the event you become…
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Categories: Estate Planning
The Importance of Coordinating your Beneficiary Designations with Your Will and Living Trust
June 5th, 2024
Using beneficiary designations offers a simple and cost-effective method for the transfer of your assets at death. It is also important for estate planning because naming beneficiaries on bank and financial accounts, life insurance policies, annuitie…
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Categories: Estate Planning
Estate Planning with a Michigan Lady Bird Deed
April 10th, 2024
A lady bird deed, also called an enhanced life estate deed, is a popular estate planning tool that avoids probate and accomplishes other estate planning objectives. It is a special method of automatically transferring your home and other real propert…
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Categories: Estate Planning
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