Mediation is a form of dispute resolution that is common in family and other disputes. Unlike litigation and arbitration, mediation can help you reach an agreement with your ex-spouse or family member rather than having the court determine what the result should be....
If you are in conflict with another party and you cannot come to an agreement to end the dispute, what is your next step? You could take the matter to court, but you might also find that mediation, which offers several benefits over litigation, is a better way to...
Many people create trusts for themselves or their children. However, you may have your heart set on creating a trust for your grandchildren. You are just not sure what kind of trust would work for them. In cases like yours, your family might benefit from using a...
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...
The saying "it is never too early to make your will" is correct. It is also correct that updating your will does not require a special checkpoint either. Michigan law provides a couple of ways to update your will easily and comprehensively depending on your situation....
Setting up an irrevocable trust means that once the trust is in place, you cannot alter or abolish it. However, thanks to the state decanting law, you have a way of changing your trust by "decanting" the contents of your trust into a new trust. When you set up a new...
It’s a point of dread in many families: planning out and dividing inheritances. Conflicts surrounding trusts and wills can give rise to tensions and cause rifts if one member of the family feels slighted. Although it may be impossible to please everyone entirely,...
Estate planning is vital to have in place at any age. If you don't have the correct facts, you could be steered in the wrong direction and become vulnerable to additional financial and personal stresses. To help you get back on the right path, below are the top 4...
The Bingham Legal Group began working remotely on March 16, 2020 and stepped into the forefront of doing business remotely and virtually. It isn’t business as usual for anyone, but the Bingham Legal Group is here to help you, your family and your business. Helping...
If you are one of the many millennials in Michigan, you may not have yet given thought to creating an estate plan. You may even believe that you are too young to need such a thing. This type of thinking is often based on the beliefs that an estate plan is only about...
