Articles & News

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
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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
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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
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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
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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
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Categories: Real Estate
Estate Plan Documents

What Is the Best Place to Store Estate Planning Documents? (and Why Safeguarding Your Estate Plan Is Essential)

Your estate plan protects your family, yourself, and your assets for the future. It represents an investment of significant time and energy. Now that you have it in hand, what should you do with it? Is there a best place to store estate planning docu… Read More
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Categories: Estate Planning
Checklist

Avoid Making Estate Planning Mistakes

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… Read More
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Categories: Estate Planning

Do you have an Adult Life Plan (an Estate Plan)?

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 is… Read More
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Categories: Estate Planning

Important Steps To Take Before Looking For A Home To Purchase

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 actively starting the home buying process, you should consider the following steps so you will not waste time and energy… Read More
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Categories: Real Estate

Thinking about selling your home “For Sale By Owner”?

Consider These Questions When Selling Your Home FSBO Selling your home, a 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… Read More
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Categories: Real Estate