News & Articles

“Grandparent” Scams

As individuals age, they often become more vulnerable to scams, which can end up costing them a great deal of money. As many senior citizens live on a fixed income, falling prey to just one scam can be financially devastating. One of the most common… Read More
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What Legal Documents Should My College Student Have?

Most 18-year-olds who are preparing to go to college are focused on packing everything they need, personalizing their dorm rooms, enrolling in classes, and buying textbooks. Executing estate planning documents is probably the farthest thing from thei… Read More
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Myths About Medicaid and Long-Term Care

There are a lot of misconceptions about long-term care and insurance coverage that will pay for this type of care. All too often, individuals believe that they have sufficient coverage to pay for long-term care when needed later in life. The fact is… Read More
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Will Contests

Creating a will is a way to pass on assets to future generations in a detailed and organized manner. A will allows you to set forth your intended distribution of your property and hopefully minimize conflict between heirs. In some cases, however, you… Read More
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How Do I Avoid Tax Problems When Making Charitable Donations?

Since many charitable donations are tax-deductible, making a donation to a charity is a popular choice at the end of the year, when people are starting to think about their tax liabilities. Whether you give in the form of cash, investments, or items… Read More
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What is a Life Estate?

Under Michigan probate law, a life estate is a specific restriction on a gift to a relative, in that the gift only lasts as long as the relative’s life. For instance, suppose that a woman leaves a life estate in a piece of real estate to her second… Read More
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What Happens to My Child’s SSI When He Turns 18?

When a child who is receiving SSI turns 18, the Social Security Administration (SSA) will reevaluate your child’s claim, which can result in some individuals losing their SSI benefits. SSA regulations consider a child to be disabled if he or she ha… Read More
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How to Afford Assisted Living When You Need It Most

Long-term care is expensive, in general, and will only get more expensive in the future. While many people have put aside money for retirement throughout their working lives, those funds may be insufficient to finance a long period of long-term care,… Read More
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The Disturbing Trend of Millennials NOT Saving for Retirement

A recent CNBC story details how millennials differ from Baby Boomers when it comes to saving for retirement. According to the story, 41% of millennials have not started saving for retirement. At the same time, millennials have an average 20% less inc… Read More
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Should I Update My Estate Plan?

Many people create comprehensive estate plans and assume that those plans will address all of the issues that might arise with respect to your estate in the future. After many years, however, your estate plan may no longer reflect what you now want t… Read More
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