On this blog, we have covered some of the reasons why disputes over an estate arise. Sadly, these disagreements have the capability to tear a family apart and can be especially tough to deal with during certain times of year, such as the holidays when family members...
Month: November 2017
Asset protection with a spendthrift trust
Ensuring that your family members are able to benefit from the assets you leave behind is one of the primary goals of estate planning in Michigan. We at the often recommend spendthrift trusts to people who have concerns about their...
Updated estate planning is important for blended families
If you have remarried, questions will arise at some point concerning your estate. The number one question will be about who gets what, and how, after you die. Beneficiary designations are not just about naming your heirs in a will. You may not have realized it, but...
How do you know if your parent’s estate needs a new executor?
You may not want to take on the considerable responsibility of agreeing to be the executor of your parent's estate in Michigan. However, once your parent passes away, the person chosen could prove less than satisfactory. Here are some clues that he or she should be...
Estate planning and communication
With estate planning, communication is paramount to the efficacy of your trust or will. In addition to talking with loved ones, trying to answer any questions they have, and going over any concerns that may arise, it is also very important for you to find answers to...
Do I need a lawyer for estate administration?
While many people immediately think of lawyers for handling criminal cases or litigation such as in divorces or contentious custody battles, they may not consider the need for an attorney in a situation such as estate administration. Often, individuals do...
Things to consider before joining a pooled special needs trust
Parents in Michigan who are concerned about their adult child with disabilities may be looking for a solution to ensure his or her quality of life is maintained after their death. According to FindLaw, special needs trusts are often the estate planning tool that...
Are holographic wills legal in Michigan?
With estate planning, there are many facets of the law and your personal circumstances that you may want to consider. You should always try to move forward with a plan that will best suit your individual needs and make things easier for your loved ones once you pass...