News & Articles

Is a Credit Shelter Trust for Me?

September 6th, 2018
When Michigan residents are considering how to protect their assets following death, they often consider a variety of trusts. One such trust is a credit shelter trust. This trust is not for everyone, but in some situations, it can be quite beneficial… Read More
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Categories: Uncategorized

What’s the Difference Between a Guardianship and a Conservatorship?

September 4th, 2018
Michigan law provides for the appointment of both guardians and conservators, and there are significant differences between the two. While both are designed to handle the affairs of a minor or otherwise incapacitated person, the roles have completely… Read More
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Categories: Uncategorized

Does a Small Estate Still Have to Go Through Probate?

August 31st, 2018
When individuals pass away, they leave behind property that is classified as probate or non-probate. In order to be classified as non-probate property, the property must either be jointly held by the deceased and another person, or it must be the typ… Read More
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Categories: Uncategorized

Estate Planning Following a Divorce

August 29th, 2018
In the aftermath of a divorce, you may overlook the necessity of updating your estate plan. Whenever you experience a major life change, including a divorce, you always should review your existing plan. If you don’t already have an estate plan in p… Read More
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Categories: Uncategorized

Poor Planning Can Lead to Problems for your Family

August 27th, 2018
Michigan residents who fail to engage in comprehensive estate planning leave behind a stressful and expensive situation that can cause serious conflicts upon family members. While no one wants particularly wants to think about death and dying, it is… Read More
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Categories: Uncategorized

What Do I Have to Do if I Am Named Executor of My Mother’s Estate?

August 23rd, 2018
Acting as the executor or personal representative of anyone’s estate comes with significant responsibilities. Completing all of these duties can be complicated and typically requires the assistance of an experienced estate administration attorney w… Read More
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Categories: Estate Planning FAQ

Is There Any Way That I Can Keep My Children From Fighting Over My Estate?

August 21st, 2018
When it comes to family, dysfunction tends to be a way of life, particularly in this age of blended families, stepfamilies, former spouses, and estranged children from different relationships. Emotions tend to run high during a stressful and sad even… Read More
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Categories: Blended Families

Preserving Your Family Business for Your Children

August 16th, 2018
About 90% of the businesses in this country are family-owned or family-controlled, and they are not necessarily just small businesses. These family businesses generate an estimated one-half of the U.S Gross National Product and are responsible for pa… Read More
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Categories: Business Succession Planning

What is an IRA Inheritance Trust?

August 9th, 2018
IRAs and other retirement funds often make up the bulk of an individual’s assets. In order to maximize the growth of these investments and protect beneficiaries, individuals sometimes choose to make the contingent beneficiary of the IRA a trust. Th… Read More
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Categories: Estate Planning

What Makes a Trust a “Living Trust”?

August 7th, 2018
If you create a living trust, you are opting to serve as grantor, trustee, and beneficiary for the trust for the remainder of your lifetime. You are a grantor if you create the trust, which is the case if you creating any type of trust, not just a li… Read More
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Categories: Estate Planning, Trust Funding
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