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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With lower property values due to the housing crisis a few years back, many homeowners are able to take advantage of an exemption contained in the Michigan Transfer Tax Act.
Sellers who meet the following three (3) requirements are exempt from paying…
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All sales contracts for condominiums should include a provision that a buyer’s attorney is to review and approve the condominium association’s documents, including master deed, bylaws, minutes from most recent annual meeting, current financial st…
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1. Failing to properly complete a Seller’s Disclosure Statement. There are many cases where a seller does not properly disclose information about the property on a Seller’s Disclosure Statement. This can lead to a buyer making a claim against th…
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