Past posts on this blog detailed the potential of Michigan residents having to pay an inheritance tax on assets received as part of a loved one's estate. As that information described, the state has not imposed an inheritance tax since 1993. However, that does not...
When individuals own a home or other types of real estate, they may want to one day pass it on to a beneficiary yet still live on the property. Quicken Loans notes that a life estate can allow both circumstances to exist at once. Creating a life estate may offer both...
Most people find their daily lives punctuated by opportunities for self-service and suggestions that projects can be completed on their own. From ringing up your own purchase at a grocery store to completing a small home renovation project all by yourself, the idea of...
