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Posts tagged "Probate Administration"

Estate fraud and probate

People have many responsibilities and concerns when it comes to the probate process, whether they are unsure of their duties as an executor or experience problems with other beneficiaries, such as disagreements over how a loved one decided to distribute their assets after their death. However, estate fraud is a serious problem and the Bingham Legal Group knows just how difficult these issues can be for families and individuals to work through.

Holiday celebrations and estate disputes

On this blog, we have covered some of the reasons why disputes over an estate arise. Sadly, these disagreements have the capability to tear a family apart and can be especially tough to deal with during certain times of year, such as the holidays when family members join to celebrate. Bingham Legal Group knows that these matters can be tough for people on all sides of the dispute, whether you are an executor facing false allegations of neglecting your fiduciary duties or you are a beneficiary and believe you have been wronged. Either way, you may have to confront strong emotions and stress as you review the situation and this can be even more challenging during the holidays.

What happens to a house when the owner dies

It may bring peace of mind to heirs to know that they will not be saddled with their parent's debt in Michigan. However, someone who is looking forward to inheriting a home that was promised in the will could discover that the transaction is not straightforward.

Fiduciary duties and will contests

Unfortunately, all sorts of problems can arise with regard to a person's estate after they pass away, such as disagreements with the way in which assets are distributed or tax issues. Sometimes, a will contest may arise over allegations that an executor breached his or her fiduciary duties. The Bingham Legal Group knows how hard this can be for executors, beneficiaries, and entire families in Michigan. When these disagreements arise, it is vital to carefully go over the ins and outs of the situation as you move forward.

Addressing the breach of fiduciary duties

When it comes to estate matters, the challenges that can arise take many forms. Sometimes, families find themselves in the middle of a heated dispute following the loss of their loved one due to allegations that an executor breached his or her fiduciary duties. If you are a beneficiary who believes that an executor failed to distribute assets properly, you should immediately take steps to address the situation. Our law firm also recognizes that some executors in Detroit and across Michigan may also be falsely accused of breaching their fiduciary duties.

What you need to know about probate

In Michigan, legal ownership of your property and assets must go through a process after your death to make sure that any unfinished business such as debt is taken care of, and your possessions are distributed to those who you have named. Your will can designate how you want your estate handled, but it does not typically sidestep probate. At the Bingham Legal Group PC, our estate planning attorneys understand what is involved, and we often provide answers to help people anticipate and plan for this eventuality.

Order of succession in Michigan if you do not leave a will

You may assume that if you die without a will, your assets automatically go to your spouse and children. While there is some truth to this, Michigan has very specific rules for the distribution of your estate to your heirs, as well as definitions of who your heirs are. We at the Bingham Legal Group PC often provide legal information about state laws and inheritances.

Why probate may be preferable to joint accounts and ownership

Many people in Michigan may assume that probate is something to be avoided at all costs. By adding another person’s name to a property title or a bank account, they may be able to skip over that process. However, as Bankrate.com points out, there are dangers to sharing ownership of assets, particularly for people who are not spouses, even though the rights of survivorship can negate the need for a will or probate.

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For an appointment and consultation, call an attorney at 248-952-8783 or contact us online. Bingham Legal Group PC is a full-service estate planning and probate firm providing counsel and service to individuals and businesses in Bingham Farms, the greater metropolitan Detroit area and throughout Michigan.

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Bingham legal group

30100 Telegraph Road, Suite 360
Bingham Farms, MI 48025

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