Chances are, you spent the better part of your life building and developing your business. Now that you are thinking about saying goodbye, you want to make sure to leave your business in the right hands. Typically, the longer you give yourself to work out your...
All your attention during a divorce will likely be on the proceedings. However, once everything is final, you should then turn your attention to updating important estate planning documents. After all, you want to make sure your ex does not receive all your money and...
In its lame duck session of 2016, the legislature passed a package of bills abolishing Michigan dower. Effective 90 days from the date the bills are signed by the governor and filed with the Secretary of State, transfers of real estate in Michigan will no longer be...
No family is immune from the ravages of estate-related fights.Not even the families of well known celebrities and politicians. Fred Thompson's progeny are not happy campers.The sons of the late former United States Senator and Law & Order star are pursuing a...
Whether you are single, newly married, young or reaching your golden years, having an estate plan is important. But not just any plan will do; it is important to make sure you have a plan that works for your situation and avoids the common pitfalls of probate and...
Estate planning is not something anyone really wants to think about. After all, our own demise is not a topic of conversation anyone really wants to participate in. However, estate planning is not so much about you as it is the people who are left behind. It's up to...
If you've got a will, a power of attorney and a trust in place, you've probably done more than most people have in Michigan. Even getting that far can take a bit of time. That's one reason many people put off estate planning. Another reason is because they don't like...
The state of Michigan has two types of advance directives. The first is the Durable Power of Attorney for Health Care. The second is a Do-Not-Resuscitate Declaration. Both can be vital components of your estate plans and your health care plans.A Durable Power of...
Last week we talked about the importance of understanding the legalities of alimony when you are planning to end a marriage. This week, we're looking at the importance of the prenuptial agreement when you plan on starting a new marriage, especially when you do so...
Is your Michigan estate plan really complete? Many of our clients think that all they need is a will, and their estate planning is squared away. The truth is that estate planning can be a little -- or a lot -- more complicated than just a will, depending on your...
