Estate Planning and Elder Law
Your will is your formal legal document that names your intentions for your assets after you pass away, but it can also cover other important aspects of estate planning. Finding an estate planning lawyer in your region to sit down with you and walk th ...
As you contemplate the process of passing on assets to beneficiaries, there are many different strategies that you can use to achieve these goals. Trusts are a vital estate and financial planning tool and may be recommended to you by your estate plann ...
You may have specific wishes about the care you do or do not want to receive should you become critically ill. The time to have this conversation with your loved ones is not after it happens to you, when you may be unable to speak for yourself. There' ...
Are you a new resident of Michigan? Moving to a new state comes with a multitude of tasks, from changing your address to unpacking boxes and setting up utilities and Internet in your new home. It's easy to overlook the need to review your existing ...
One of the most common questions asked of estate planning attorneys relates to the avoidance of probate. Probate is the formal and often required legal process for administering your estate after you pass away. It can be time consuming, expensive and ...
Do you have life insurance in place to help support your loved ones if you pass away? Many people do, and decide to get it to help with more immediate costs. But you still must know how much insurance to get and how it may impact the rest of ...
When Aretha Franklin passed away five years ago at the age of 76, there was no typewritten or formal will. At that time her net worth was estimated at $80 million. However, updated valuations, back taxes owed, and lawyer fees now make the estate worth ...
Tax considerations should always be evaluated as part of your estate planning process. Working with an estate planning attorney in your region gives you the chance to create a customized plan that accounts for your concerns, needs, and the needs of yo ...
For most younger people, especially single individuals with no children, it may seem as though estate planning is something that can be put off for many years or even decades. It may seem unnecessary to you, but it is far better to do your estate plan ...
An executor, known as a personal representative in some states, is the individual appointed either through your will or by the court to handle the administration of your final affairs. The executor takes on an extremely important role and one that req ...