Articles & News
Mental Capacity for Estate Planning
May 1st, 2023
As both we and our loved ones get older, we want to make sure that there are plans in place for the future. Plans that include how our property and assets are managed while we are alive and then distributed after our death This means putting an estat…
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Categories: Estate Planning
Tips from an Attorney for Selling or Buying a House for Sale by Owner (FSBO)
April 10th, 2023
If you are thinking about selling or buying a house “For Sale By Owner”, it is important to have a complete understanding of the FSBO process and all the legal requirements that are involved. It is also important to seek advice from an experience…
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Categories: Real Estate
What Are the Elements of a Basic Estate Plan?
March 1st, 2023
As both we and our loved ones get older, we want to make sure that there are plans in place for the future. Plans that include how our property and assets are managed while we are alive and then distributed after our death. This means putting a basic…
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Categories: Estate Planning
Estate Planning to Avoid Family Conflict
January 23rd, 2023
One of the primary purposes of having an estate plan in place is to avoid the potential for family conflict after death. A minor disagreement may involve who is to handle the funeral and burial arrangements for a deceased family member. A more seriou…
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Categories: Estate Planning
Top 10 Tips When Purchasing a Condominium in Michigan
December 13th, 2022
Condominium living has become very popular in Michigan in recent years. However, there are many features of condo ownership to consider before purchasing a condominium. Owning a condo is very different from owning and living in a typical residential…
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Categories: Real Estate
Choosing a Will or Living Trust for Your Estate Plan
November 15th, 2022
Making the decision between a Will or a Revocable Living Trust is the first step when starting an estate plan. Generally, both Wills and Living Trusts can accomplish the same end results by addressing how you want your assets transferred to your desi…
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Categories: Estate Planning
What to Consider When Naming a Beneficiary For Your Estate Plan
November 7th, 2022
When preparing your estate plan, you will need to consider and name beneficiaries who will inherit your assets. Your beneficiaries can receive assets from your will or trust, through life insurance policies, as part of a retirement plan, or through s…
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Categories: Estate Planning
Probate vs. Non-Probate Assets
October 3rd, 2022
Transferring property after someone dies can be complicated. Many people mistakenly believe that their will is sufficient to transfer their assets. They fail to consider the difference between probate and non-probate assets and the effect that transf…
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Categories: Probate Administration
Co-Ownership Agreement Between Unmarried Couples
September 7th, 2022
If you are considering buying a house with someone who is not your spouse, it is crucial that you have a co-ownership agreement in place. A co-ownership agreement is a legal document that describes how ownership of the property will be divided, what…
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Categories: Real Estate
Why Designated Beneficiaries Are Important in Estate Planning
August 8th, 2022
Designating beneficiaries is an important but often overlooked aspect of a sound estate plan. Many people prepare their estate planning documents, such as their last will and testament or trust, but forget to verify and update beneficiary designation…
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Categories: Estate Planning
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