Articles & News

Lake Superior shoreline.

Should You Consider a Cottage Trust For Your Family Vacation Home?

Many Michiganders own a family vacation home or cabin up north or elsewhere that holds a lifetime of memories and is an integral part of the family’s legacy. But what happens to the property when the original owners (usually the parents) pass away?… Read More
Read More
Covid-19

How Estate Planning Addresses Coronavirus (Covid-19) Concerns

The current coronavirus pandemic is a time of uncertainty and uncharted territory. Despite the physical distancing between us, people are coming together and families are reconnecting. We all have a shared concern for our families, friends, businesse… Read More
Read More
Categories: Estate Planning
for sale by owner

Michigan Seller Disclosure Act Requirements for FSBO (For Sale By Owner) Residential Real Estate Sales

Under a state statute, the Michigan Seller Disclosure Act (SDA), every seller of residential real estate that includes between one and four dwelling units is subject to specific disclosure requirements. The law applies to many types of residential re… Read More
Read More
Categories: Real Estate
Estate Planning

What Happens If You Die Without a Will or Estate Plan?

If you do not have a Last Will and Testament or an estate plan, your family and loved ones will likely encounter problems when you die — and possibly during your lifetime as well. Some of those problems may not be easily resolved. They can create t… Read More
Read More
Living Trust and estate

Setting Up a Living Trust in Michigan (What You Need to Know)

Living trusts are a valuable estate planning tool. But a living trust is not appropriate for everyone or every estate plan. If you consider making a living trust part of your estate plan, your first step is to understand how a living trust works and… Read More
Read More
Categories: Estate Planning
Estate Planning

Make a New Year’s Resolution to Create Your Estate Plan or Update Your Existing Plan

The tradition of making New Year’s resolutions goes back more than 4,000 years. Today, studies indicate that about 40% to 50% of us make promises to improve as the calendar turns over to January 1. For 2020, your resolutions should include creating… Read More
Read More
Categories: Estate Planning
new home

Year-End Real Estate Planning Considerations

The end of the year provides wonderful opportunities for celebrating holidays with family and friends. While you enjoy the festive atmosphere, it’s also a good idea to give some thought to year-end planning concerns, especially those relating to re… Read More
Read More
Categories: Real Estate
Revocable trust

Do You Need a Lawyer to Establish a Trust?

Wills and trusts are the core documents in an estate plan. Most people have a general understanding of the nature of a Will. Trusts are more complicated than Wills for a number of reasons and often are somewhat confusing to individuals creating an es… Read More
Read More
Categories: Estate Planning
last will and testament

What Is the Difference Between a Will and an Estate Plan?

Individuals often think that if they make a Will, it means they have an estate plan — but that actually is a common misconception. While your Will is part of an estate plan, it is only part of a complete estate plan. In the discussion that follows,… Read More
Read More
Categories: Estate Planning
for sale by owner

How Do FSBO / For Sale By Owner Real Estate Transactions Work in Michigan?

If you are thinking about buying or selling a home, you should learn about the For Sale By Owner process. FSBO (pronounced fizz-bow) is very popular in the City of Ann Arbor and throughout Washtenaw County. If you are a seller, you might want to cons… Read More
Read More
Categories: Real Estate