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MICHIGAN FAMILIES ARE WATCHING EVERY DOLLAR. DON’T LET PROBATE TAKE THE ONES YOU CAN STILL SAVE.
For many Michigan families, the financial landscape has changed dramatically over the past few years. The price of groceries seems to climb every month. Utility bills continue to rise. Insurance premiums are increasing. Interest rates remain higher than many homeowners expected, making it more expensive to buy, refinance, or move. Housing inventory remains tight as…
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CAN AI WRITE YOUR ESTATE PLAN? WHY MICHIGAN FAMILIES STILL NEED AN ESTATE PLANNING ATTORNEY
Artificial intelligence has changed the way many of us work. It can summarize information, generate ideas, improve grammar, organize thoughts, and even draft legal-looking documents in seconds. For busy professionals and families, the appeal is obvious. Why spend time and money meeting with an attorney when an online platform or AI tool can produce a…
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MICHIGAN GUARDIANSHIP AT 18 FOR AUTISM SPECTRUM DISORDER (ASD) AND DOWN SYNDROME: PROTECTING SSI, MEDICAID, AND YOUR CHILD’S FUTURE WITH SPECIAL NEEDS TRUSTS
GUARDIANSHIP AND SPECIAL NEEDS PLANNING IN MICHIGAN: WHAT FAMILIES OF CHILDREN WITH DISABILITIES MUST KNOW BEFORE AGE 18 For most families, a child turning eighteen is a celebration of independence, but for parents of children with Autism Spectrum Disorder (ASD), Down syndrome, intellectual disabilities, or other developmental conditions, the eighteenth birthday brings something very different.…
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WHAT DO YOU NEED TO KNOW ABOUT THE SECURE 2.0 ACT?
What you need to know about the SECURE Act, the SECURE 2.0 Act and the recent finalized regulations, including Inherited IRA Beneficiary RMDs and the 10-year rule. The U.S. retirement system is facing a critical juncture. With most workers required to supplement Social Security with personal savings, the system’s shortcomings have become increasingly apparent. Recent data from the U.S. Bureau of Labor Statistics indicates that only 56% of employees participated in a workplace retirement…
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LAST WILL AND TESTAMENTS – WHAT EVERYONE NEEDS TO KNOW
Everyone knows what a last will and testament is, but do you really understand how it works? Common knowledge acquired through movies, television and even music can be wrong. Clients occasionally will ask: when does the reading of the will take place or how much do I have to leave my estranged child to keep…
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EVEN CELEBRITIES UNDERESTIMATE THE IMPORTANCE OF ESTATE PLANNING
Deciding what should be done with your estate—your land and real estate, possessions, financial securities, cash, and other assets—after you die is easy to put off when you’re busy living your life. It turns out that even celebrities sometimes procrastinate on estate planning, in spite of having often large estates and plenty of legal help…
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HOW TO APPRAISE AND PASS ON RARE AND UNUSUAL COLLECTIONS
Stamps, figurines, movie posters: Lots of people collect these items, and their heirs find it easy enough after the collectors pass away to put them back into circulation. But what if your eye tends to more unusual objects? Do you have a plan for the 11,000 bottles of hot sauce in your basement, or the 105 bagpipes the neighbors…
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WHAT HAPPENS IF YOU DIE OVERSEAS?
Thousands of U.S. citizens die overseas each year. When it happens, the most immediate concern for their families is bringing them home for a funeral. But when the dust settles, these families, like any other, have to turn their attention to probate issues and settling the decedent’s estate. The difference is how these matters are…
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GUARDIANSHIPS AND FAMILY DISAGREEMENTS ABOUT CARE
Caring for a family member who has lost the ability to care for themselves is hard. In addition to providing physical care, relatives can find themselves making difficult financial and healthcare decisions, choices made all the more fraught by conflicting priorities and complicated family relationships. Far too often, decision-making conflicts lead to estrangement. Not even…
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URGENT ESTATE PLANNING AT YEAR’S END – A CHECKLIST TO GETTING IT DONE
Say, “What are you doing for the holidays?” and most people think you are asking about parties—sharing meals with friends and relatives and ringing in the New Year. With as rough a year as 2022 has been with adjusting to new business practices, market volatility, and soaring inflation, it’s understandable to plan for some fun.…
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Recent Posts
- MICHIGAN FAMILIES ARE WATCHING EVERY DOLLAR. DON’T LET PROBATE TAKE THE ONES YOU CAN STILL SAVE.
- CAN AI WRITE YOUR ESTATE PLAN? WHY MICHIGAN FAMILIES STILL NEED AN ESTATE PLANNING ATTORNEY
- MICHIGAN GUARDIANSHIP AT 18 FOR AUTISM SPECTRUM DISORDER (ASD) AND DOWN SYNDROME: PROTECTING SSI, MEDICAID, AND YOUR CHILD’S FUTURE WITH SPECIAL NEEDS TRUSTS
- CHILD CUSTODY IN MICHIGAN: HOW COURTS DECIDE AND WHAT TO EXPECT (2026 GUIDE)
- WHY YOU MAY NEED TO OPEN AN ANCILLARY PROBATE ESTATE IN MICHIGAN OR FLORIDA
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