A Will or Trust is an essential estate planning document for directing how you want your assets distributed. It also provides your family with guidance during a difficult time in their own lives. Most people think about a Will when considering an est…
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How do you protect yourself and your family with an estate plan?
Create a Will or Trust for transfer and management of your assets after death. If you don’t have a Will or Trust, the State of Michigan will determine how your assets will be distrib…
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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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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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Michigan has a new law, Public Act 310 of 2014, which has expanded the transfer of residential property to and from certain family members, trusts and probate estates, without causing the taxable value of the property to be “uncapped”. This is gr…
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1. Birth or adoption of a child or grandchild.
2. Marriage or divorce involving yourself or children.
3. Children have reached the age of eighteen.
4. You have started a business.
5. A substantial increase or decrease in the value of your estate.
6.…
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If your current durable power of attorney does not meet the new requirements of a new law that went into effect in May of 2012, (MCL 700.5501), you should consider contacting an attorney to draft a new one. The new requirements include:
a durable po…
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