Articles & News
10 Reasons to Update your Will or Trust
May 18th, 2021
Your estate planning documents, and especially your Last Will and Testament (Will) and any trusts you have created, are living documents that need regular maintenance. As your life and circumstances change over time, your estate planning documents mu…
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Categories: Estate Planning
Should You Have A Joint Revocable Trust in Your Estate Plan?
January 7th, 2021
In the right circumstances, using a joint revocable trust as an estate planning tool can make a married couple’s administration and distribution of their assets easier, with the added benefit of reducing time and expenses. What is a Joint Revocable…
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Categories: Estate Planning
Why Should I Have A Real Estate Contract Attorney When Buying a House?
November 5th, 2020
For most people, purchasing a house is the biggest investment they will ever make. Consequently, a homebuyer must have a full and complete understanding of the home buying process in order to protect themselves. While there are numerous complex docum…
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Categories: Real Estate
Do You Need Title Insurance When You Buy a Home in Michigan?
August 10th, 2020
Buying a home involves a significant investment of time and money. The settlement process involves complex documents and numerous details. One aspect that buyers and sellers often ask about is title insurance. They frequently wonder if it is really a…
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Categories: Real Estate
What Is a Lady Bird Deed / Enhanced Life Estate Deed in Michigan?
August 3rd, 2020
A lady bird deed (or ladybird deed), also called an enhanced life estate deed, is an estate planning tool that avoids probate and accomplishes other estate planning objectives. It is not like a common deed that transfers fee title to real estate, but…
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Estate Planning Is Essential For Everyone — Not Just Wealthy People
Many people think that estate planning is only necessary for people who have a lot of money and assets. That myth could not be farther from the truth. Estate planning is essential for everyone. What Is Estate Planning? Estate planning is commonly und…
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Categories: Estate Planning
Start a Conversation with Your Family About Estate Planning
May 18th, 2020
This may be a good time to start a conversation with your family members about your estate plan. We are all susceptible to a critical change in our health at any time. These uncertain times bring a renewed focus on the need to have a plan in place sh…
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Categories: Estate Planning
Should You Consider a Cottage Trust For Your Family Vacation Home?
April 23rd, 2020
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?…
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How Estate Planning Addresses Coronavirus (Covid-19) Concerns
April 9th, 2020
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…
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Categories: Estate Planning
Michigan Seller Disclosure Act Requirements for FSBO (For Sale By Owner) Residential Real Estate Sales
March 26th, 2020
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…
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Categories: Real Estate
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