Buying or Selling Your Home Without a Real Estate Agent — FSBO Sales and Purchases
May 16th, 2022
When you consider buying or selling a home, one of the first decisions you need to make involves whether to use a real estate agent. Since most buyer and seller agents use exclusive agreements which limit your rights in the sale or purchase of your h…
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Categories: Real Estate
Considerations For Buying or Selling Real Estate with a Land Contract
May 2nd, 2022
Many potential homebuyers are still recovering from recent economic downturns. They may have income but a low credit score, or have gone through a bankruptcy, a short sale, or incurred debt due to medical bills or other financial issues. Whatever the…
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Categories: Real Estate
Avoiding Family Disputes and Litigation Over Your Will or Trust
February 1st, 2022
One of the goals of a properly-prepared estate plan is to avoid a family dispute after a loved one passes away. When planning and preparing your estate plan, it is wise to consider some of the issues that can divide a family so you can craft your est…
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Categories: Probate Administration
What to Consider When Buying a Condominium
December 9th, 2021
What is a Condominium? Condominium living has become very popular in Michigan, particularly in cities and vacation spots. In an effort to regulate the growth of condominiums in Michigan, the Michigan Condominium Act was enacted in 1978, and amended o…
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Categories: Real Estate
How to Choose the Right Power of Attorney or Personal Representative
December 6th, 2021
When it comes to selecting someone to serve as your power of attorney or personal representative, you simply cannot be too careful. This is a person who will handle your legal and financial affairs if you are unable to do so, and the person who will…
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Categories: Estate Planning
Protecting Minor Beneficiaries
October 13th, 2021
Preparing your estate plan inevitably requires that you consider your own mortality. If you have children under the age of 18, planning to provide for and protect your family is even more important. But can a minor be a beneficiary at all? One of the…
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Categories: Estate Planning
What is a Last Will and Testament, and Why You Need One
October 5th, 2021
What is a Last Will and Testament? A Will, also known as a Last Will and Testament, is a legal document that states your intentions for the distribution of your assets and property after your death. The State of Michigan requires the person creating…
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Categories: Estate Planning
Due Diligence: What Should a Homebuyer Know?
September 7th, 2021
Your home is one of the largest purchases you will ever make. But when buying a home, many homebuyers do not know what they need to do during the period of time after they sign the purchase agreement and before the real estate closing. This is known…
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Categories: Real Estate
How to Protect Your Legacy from Immature Financial Decisions
August 10th, 2021
As you work with your lawyer to develop your estate plan, you will consider the legacy you want to leave to the people you care about most. But sometimes the people we love need to be protected from themselves. This is where a spendthrift provision c…
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Categories: Estate Planning
The Importance of a Durable Power of Attorney
June 29th, 2021
A durable power of attorney allows you to appoint another person to make decisions for you if you lose the mental capacity to make decisions on your own. Choosing someone who will act as your power of attorney is an important decision that should onl…
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Categories: Estate Planning
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