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Estate Planning for Minor Children
November 29th, 2022
For many people, the motivation for creating an estate plan is the birth of a child. Becoming a parent and becoming responsible for another life tends to focus your attention on planning for the future! The hope, of course, is that you will be around…
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Categories: Estate planning
What Does It Mean to Fund a Trust?
September 6th, 2022
Trusts have become increasingly popular as an estate planning tool in recent years. Trusts aren’t just for the wealthy. They are useful for anyone who does not want their assets to have to go through probate at their death. A trust is a legal relat…
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Don't Forget Your Pets in Your Estate Plan!
June 10th, 2022
Legally, pets are considered property. But anyone who actually has a pet understands that they are much more than that—pets are members of the family. You create an estate plan to protect the human members of your family. But have you considered es…
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Do I Need A Will?
April 14th, 2022
More than half of American adults don’t have a last will and testament or any type of estate plan. Many of them have been meaning to get around to estate planning, but have put it off for one reason or another. But many others simply don’t see th…
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What’s the Difference Between a Guardian and a Conservator?
August 24th, 2021
Conservators have been in the news lately, with singer Britney Spears pushing back in court against her father’s 13-year conservatorship over her. Many of the people standing outside the courthouse waving “FREE BRITNEY” signs have only a vague…
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Designating Co-Executors of a Will
June 16th, 2021
Estate planning, including preparing your will, is filled with big decisions. One of the most important is your choice of executor (also called a “personal representative”). Your executor is the person who will administer your estate after your d…
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How a Ladybird Deed Can Protect Your Home From Probate
April 2nd, 2021
Avoiding probate is a priority for many people, and understandably so; they don’t want their family, already grieving their loss, to be confronted with administrative difficulties in settling their estate. Estate planning tools, such as living trus…
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Five Reasons for Contesting a Will
March 10th, 2021
Fewer than one percent of wills are challenged in court, and many of those challenges are unsuccessful. The fact of the matter is, it is not easy to overturn a will, or even a provision in a will. That said, the law of every state, including Michigan…
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The Importance of a Living Trust in Michigan
January 22nd, 2021
If you are making or updating an estate plan, you may be wondering if a living trust should be a part of it. You may be under the impression that trusts are complicated or only for the wealthy. In reality, trusts offer a host of benefits, and you don…
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Updating Your Estate Plan After COVID-19
July 2nd, 2020
As of this writing, COVID-19 infections appear to be on the decline in Michigan—some welcome good news after months of stress and worry over this novel infection. And while the decline in cases is a positive development, it is not reasonable to exp…
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Categories: Estate planning
