An estate plan allows people to articulate their final wishes. They can make beneficiary designations, clarify their intent and leave words of comfort for their surviving family members. Some people may wish to begin allocating gifts while still living. A benefit of...
Owning a business in Michigan puts a unique twist on estate planning. On top of coordinating the delegation of your personal assets, you will want to ensure that your business is in good hands when the time comes for you to step down. Working a succession strategy...
Concerns about probate administration are common during estate planning. Everyone has heard horror stories about estates held up for months or years while the court decides on how to administer them. According to U.S. News & World Report, the probate process is a...
If your relatives have written a will, they have probably done more estate planning than most of their neighbors. After all, 62% of Americans have no will at all. Having a will, though, does not do your loved ones much good if the document does not reflect their...
With the variety of trusts available, you may find a particular type that will best serve your current family situation. Right now your adult children may be struggling with personal issues that result in reckless spending or poor financial decisions. Creating a...
