Estate Planning and Elder Law
Are you thinking about creating a living trust in Michigan? If so, you’ll want the insight of an experienced estate planning lawyer to assist you. One of the biggest advantages to using a living trust rather than a will to leave behind property to your ...
What if your child, appointed as your POA agent, gets married to someone you don’t trust? Or what if this person has a lot of say over your child’s decisions? These are serious issues when there’s a Michigan power of attorney in play. It is very common ...
Don't gloss over the selection of executor or personal representative in your estate. This is the person who will carry out the wishes outlined in your will and this might also be the same person who, if named in your power of attorney documents, is able ...
Good financial and estate planning is key for allowing you to implement successful financial planning strategies all throughout your life. Knowing what you might anticipate in the future can help you adjust your plans to be as capable as possible of adapt ...
2021 is a year that comes after sweeping changes around the world and adaptations in the workforce, the marketplaces, and health care as a result of the pandemic. The volatile 2020 experience has many people asking questions about what they can do in 2021 ...
Many people are interested in taking advantage of their federal lifetime exemption amount as well as gift planning opportunities from year to year, which allow you to give up to $15,000 per person to anyone you choose during a calendar year. Estate pl ...
When a parent names only one child to the role of power of attorney agent in Michigan, this can possibly generate conflict within the family. If you are dealing with a sibling who has already been named agent under a power of attorney instead of you, or i ...
Did you know that outside of your will, there are other pieces of paper you will need to file with certain account managers to verify that you have named a beneficiary? The vast majority of most people's savings and retirement holdings are located in reti ...
A phrase that frequently comes up in the context of elder law or estate planning is long-term care. This can make it difficult for someone new to the concept to understand what's incorporated in this term. At its broadest basis, long-term care includes ...
Taxes are likely to rise in the coming decades, which means you might have to rethink the financial legacy you'll leave behind for your families. Your family could face significant tax burdens if you are not smart about your planning and do so without the ...