by Bingham Legal Group PC | Nov 25, 2016 | Estate Planning, Firm News
In a recent post on this blog, we discussed which of your family members are likely to receive your retirement funds after your death. To recap, it would usually be your spouse or adult children who receive your benefits from a 401(k) or Individual Retirement Account....
by Bingham Legal Group PC | Nov 21, 2016 | Estate Planning, Firm News
Compared to other areas of law, estate and probate planning is pretty slow to change. However, the ubiquity of technology could open a new set of issues in estate planning. We have wishes for our tangible property including money, cars and houses – but what...
by Bingham Legal Group PC | Nov 18, 2016 | Estate Planning, Firm News
After a family member passes on, his or her property and assets are given to the spouse, children and other beneficiaries according to a will or trust, or otherwise divided by the court. Retirement funds are treated in much the same way in Michigan and other states....
by Bingham Legal Group PC | Nov 11, 2016 | Firm News, Probate Administration
When a will has been written and witnessed, there is often little that Detroit residents can do if they disagree with its terms. If your parents decided to leave the family home to one of your younger siblings and divided the rest of their estate disparately, or left...
by Bingham Legal Group PC | Nov 4, 2016 | Estate Planning, Firm News
If you are just starting to think about your estate planning or if your wishes are relatively straightforward and simple, you might consider writing a will. This is usually a good idea for any adult in Detroit and elsewhere. It can help to understand the elements that...