The first mistake to avoid is not having an estate plan that includes a Will or a Trust along with a Durable Power of Attorney for Financial Matters and a Patient Advocate Designation. If you die without a will (die intestate), the State of Michigan…
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A Will or Trust is an essential estate planning document for directing how you want your assets distributed. It also provides your family with guidance during a difficult time in their own lives. Most people think about a Will when considering an est…
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How do you protect yourself and your family with an estate plan?
Create a Will or Trust for transfer and management of your assets after death. If you don’t have a Will or Trust, the State of Michigan will determine how your assets will be distrib…
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An estate plan is a person’s “adult life plan”. Adult life begins when a person can vote,
enter into contracts and make health care decisions for him or herself. Consequently,
everyone needs to plan when they become an adult. Estate planning…
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June is Dementia Awareness Month, which provides everyone with an opportunity to learn more about this terrible condition make plans for your future if you or one of your loved ones is diagnosed with Dementia.
Dementia is a general term that describe…
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Buying a home is one of the most important financial decisions you will make. It is exciting and hard not to rush into it. Before starting to actively look for a home to purchase, you should consider the following steps so you will not waste time and…
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“Due diligence” has been defined as “research and analysis that a person or business performs in preparation for a business transaction”. Home buyer due diligence before buying a home is critical because it is one of the most important busi…
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Selling your house or condominium by yourself (For Sale By Owner-FSBO) can save you thousands of dollars, usually about 6% of the sale price in commissions, but it requires work. Although an experienced real estate agent can be a good marketer of you…
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Learning from Prince’s Death: Do your Estate Planning now. Prince did not have an Estate Plan – Here’s Why You should have one.
The singer and artist Prince recently died without a will, trust or any other kind of an estate plan to pa…
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Due to the recent volume of applications for Michigan’s State Real Estate Transfer Tax (SRETT) Refunds, there is currently a 12 to 16 week delay in the processing of the applications by the Michigan Department of Treasury. Nevertheless, the backlog…
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