There are many different reasons why disputes come up during the probate process, but some can be especially challenging to work through. For example, someone may find themselves in a dispute with their brother or sister for any number of reasons and these...
Month: May 2018
High-asset divorce and estate plans
Divorce can affect a person's life in many ways, bringing stress and financial changes, for example, and this is even more true for many people who go through a high-asset divorce. Moreover, it can also affect one's estate plan, prompting the dismissal of an executor,...
Will you need a patient advocate for healthcare decisions?
If the time has come for you to consider setting up your estate plan, will a patient advocate be part of that structure? While Michigan law does not require you to have this kind of help, you may feel it is best that you have a patient advocate, a person you...
Minimizing estate planning stress
From setting up an estate plan for the first time to executing an estate after a loved one has passed on, there are many ways in which estates can cause stress. However, it can be especially tough for those who are creating an estate plan, whether they have decided to...
Estate planning considerations after a motorcycle crash
Life can change in a number of ways, from a couple tying the knot to ending their marriage and the loss of a loved one’s life due to cancer. Moreover, these changes can also prompt people to modify their estate plan, whether their financial state has changed...
Should I choose a credit-shelter trust?
People who are working on estate planning in Michigan may be considering starting a trust to manage assets. There are multiple types of trusts, and each one has its advantages and disadvantages. One type is a credit-shelter trust, which has tax benefits for both your...