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What you should know about testamentary trusts

by Bingham Legal Group PC | Sep 26, 2017 | Estate Planning, Firm News

You may already be familiar with some of the estate planning options available to you in Michigan, such as wills and trusts. Many people rely on the team at the Bingham Legal Group to explain the differences in the roles, and which option may be better in a given...

Is probate always necessary?

by Bingham Legal Group PC | Sep 18, 2017 | Firm News, Probate Administration

The personal representative of your deceased spouse is responsible for administering the Michigan estate. However, there are many assets that may pass on to you that do not require the PR’s involvement.  According to the State Bar of Michigan, if you are named...

Important estate planning factors for new parents

by Bingham Legal Group PC | Sep 18, 2017 | blog, Firm News

Though a will can be beneficial after your passing, it may not cover all the areas of your estate. A proper estate plan can help you to take care of your loved ones even after you are gone. For new parents, this can be especially critical. If you are forming a new...

Should I choose an individual or an institution as trustee?

by Bingham Legal Group PC | Sep 14, 2017 | Firm News, Trust Administration

When you are setting up a trust, one of the components is designating a trustee. The trustee has significant responsibility, so it is important to find just the right person. Or should you choose an institution instead? According to the American Bar Association,...

The powers of attorney pertinent to your estate plan

by Bingham Legal Group PC | Sep 12, 2017 | Estate Planning, Firm News

True to its nature, a crisis often occurs when you least expect it. For example, your mom calls you in the wee hours to say that your father has had a stroke and is in the hospital. This seems unbelievable: Your folks came over for dinner last night, and your dad...

A holographic will could be easier to challenge

by Bingham Legal Group PC | Sep 3, 2017 | Estate Planning, Firm News

In Michigan, a person who is concerned about who receives certain assets after his or her death does not have to type out or download a document and find a couple of people to witness its signing. Instead, a pen and piece of paper are all that are needed to ensure...

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Recent Posts

  • How should you talk to your parents about their estate plan?
  • Should I consider a generation skipping trust?
  • How should you talk to your family about your will?
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BIngham
Legal Group
30100 Telegraph Road, Suite 360
Bingham Farms, MI 48025

Bingham Farms Law Office Map

Ph: 248-952-8783

Fax: 248-642-3207
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