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Is There Any Way to Keep My Estate Plan Private?

July 5th, 2018
Many people think that they have a sufficient estate plan if they simply make a will. However, they do not always understand all of the implications of using a will as their sole estate planning tool. When an individual with a will passes away, the p… Read More
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What is a Power of Attorney?

July 2nd, 2018
A power of attorney is a legal document that can address both your financial and healthcare concerns in the event that you become incapacitated and unable to address those issues. By making powers of attorney part of your estate plan, you can ensure… Read More
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Should I Have a Will or a Trust?

June 29th, 2018
While the will is a very basic estate planning tool that is fundamental to any comprehensive estate plan, a trust can offer significant advantages that a will does not. As a result, depending on your situation, a trust may be a valuable part of your… Read More
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What is a Pour-Over Will, and Do I Need One?

June 24th, 2018
A pour-over will is an estate planning mechanism that typically operates in conjunction with a trust, which is usually a revocable living trust. Essentially, a pour-over will ensures that any assets that you own outside of the trust at the time of yo… Read More
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Will My Credit Card Debts Outlive Me?

June 21st, 2018
Credit card debt – and debt in general – is a normal way of life for many Americans. In fact, it is not unusual for some individuals to have more credit card debt than assets. This is a concern, not only because of the high interest rates that cr… Read More
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What is the Funeral Representative Designation Act?

June 19th, 2018
In an attempt to help Michigan residents with making end-of-life decisions, the Michigan legislature enacted the Funeral Representative Designation Act (“the Act”), which went into effect on June 27, 2016. The Act allows you to choose a funeral r… Read More
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How Can I Ensure that My Pet is Taken Care of After I’m Gone?

June 14th, 2018
Many Michigan residents have beloved pets that they consider to be members of their family. Especially for individuals who have no children or whose children have grown up and no longer live at home, pets can be a great source of comfort and affectio… Read More
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What is a Domestic Asset Protection Trust?

June 12th, 2018
The Michigan Qualified Dispositions in Trusts Act of 2016 created a way for Michigan residents to protect their assets from creditors during their lifetimes. Previously, only a few states provided for the creation of an irrevocable trust, also called… Read More
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What is a Fiduciary and How Does It Relate to Estate Administration?

June 5th, 2018
When you pass away, a fiduciary, whom you have usually chosen in your estate planning documents, is in charge of administering your estate, settling your debts, and distributing your assets to your heirs or beneficiaries. A fiduciary is most often an… Read More
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Long-Term Care in America

June 1st, 2018
Long-term care is a popular topic these days, as the American population continues to age; the need for long-term care in America is greater than ever before, and only will grow over the next few decades. The costs of long-term care are simply astron… Read More
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