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Estate Planning: Dos and Don’ts

June 29th, 2022

The need for future planning confronts all of us at one point or another, and future planning includes estate planning. While you may not wish to think about topics like incapacity and death, they are both a part of life for everyone. Careful plannin… Read More

Can a Trustee Just Ignore the Terms of a Trust?

February 4th, 2020

Michigan law makes it clear that it is part of a trustee’s fiduciary duty to follow the terms of a trust, including those that relate to administering the trust assets, distributing them in accordance with the directives of the trust, and paying an… Read More

“Grandparent” Scams

January 9th, 2020

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

Categories: Elder Abuse, Elder Law

Holiday Loneliness and Depression Can Be a Real Problem for the Elderly.

December 2nd, 2016

Although the holidays are usually always thought of as a joyous time, that is not the case for some. loneliness and depression are often on the upswing during this time of year….especially with the elderly. Changes and losses in the… Read More

States Race to the Bottom with Trust Laws

September 2nd, 2016

In the U.S. each individual state has wide latitude to determine its own laws for handling trusts. Many are concerned that a small handful of states are using that latitude to race to the bottom. Delaware has long been known for having trust-friendly… Read More

Tags: Trusts

Holding a Trustee Liable

September 1st, 2016

One of the reasons that trusts are an effective estate planning tool is that the trustee is legally required to act in the best interests of the beneficiaries. However, it is increasingly difficult to hold trustees liable when they do not do so. Trus… Read More

Tags: trust, Trustee

Paper Claims to Have Identified Prince’s Son

August 26th, 2016

If a California newspaper is correct, then dividing up Prince’s estate will be much easier than previously thought. The paper claims that DNA tests have proven that Prince has a son. Recently, the Minnesota probate judge overseeing the Prince estat… Read More

Tags: Estate Litigation, probate

Retirement Accounts Limit Time for Heirs to Make Decisions

August 24th, 2016

Beneficiaries of retirement accounts face big decisions and limited time. Inheriting spouse has many options and limited time to decide as recently discussed by Market Watch in “Inheriting a retirement account? Lump sum payouts can be costly.” Th… Read More

Tags: Inheritance, Pension

Estate Planning for Alzheimer’s Disease

August 23rd, 2016

Good estate planning does not just concern itself with what happens to your assets after you pass away. It also takes into account the things that you might need at the end of your life, including the possibility of getting Alzheimer’s disease. Obv… Read More

Tags: estate planning, General Durable Power of Attorney, Health Care Power of Attorney

New Medicare Law Could Save Patients Money

August 22nd, 2016

Because of a quirk in Medicare’s reimbursement policy some patients have been hit with thousands of dollars in unexpected out-of-pocket expenses. A new law does not fix the quirk, but it at least mandates that patients must be notified before the c… Read More

Tags: Elder Law, Medicare

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