Arbitration is a type of alternative dispute resolution that may allow individuals to avoid expensive and time-consuming litigation. In Michigan, arbitration follows the guidelines set forth in the federal Uniform Arbitration Act. Review the process of arbitration and...
Month: November 2020
How a special needs trust protects your child with a disability
As the parent of a Michigan child with a disability, you face unique estate planning considerations many of your peers may not. Your main concern may be to figure out how to set aside a legacy for your child that is not going to hinder his or her ability to access...
Can a relative act as executor?
Michigan residents like you spend so much time and effort on your estate. It only makes sense for your estate plan to have just as much care put into it. This ensures a relatively smooth and easy transfer for your beneficiaries. One of the best ways to ensure a smooth...
What is a simple will?
Many Americans think that estate planning does not need to be a focus until one is nearing retirement. However, in reality, you can die at any age no matter how healthy you are. For this reason, young people need to have wills in place as well. However, it is not...