Using Local Insight And Legal Know-How
To Protect Your Interests
Medicaid, long-term care, and your spouse We as Americans are living longer. The longer we live, the more likely it is that we will spend time in a skilled-nursing facility or nursing home. Skilled-nursing facilities are very expensive and are the source of anxiety...
Trust Update. Is it time? If your life or the law has changed since you signed your trust, it needs to be updated. Trust Updates can be made by way of an amendment – or – a complete restatement. An amendment updates a specific part of the trust; whereas, a...
Estate plan updating So you’ve done the hard work of establishing an estate plan. There is still plenty of work to do to ensure that your estate plan and the strategies in them continue to work correctly. Keeping it up to date helps maximize your peace of mind and...
Funding of a trust is crucial to effective estate planning. Without proper funding, a trust is merely an expensive pile of paper. In re Living Trust, unpublished per curiam of the Court of Appeals, issued January 29, 2015 (docket no. 316892) illustrates the negative...
10 Types of Trusts: A Quick Look Types of Trust Considering the myriad of trusts available, creating an estate plan that works can seem daunting. However, that’s what we, as estate planning attorneys, do every day. We know the laws and will design a plan which...
Probate Probate in Michigan Probate has become the modern bugaboo. However, it is not as bad as some make it out to be. It has particular advantages and disadvantages that require a thoughtful evaluation to determine if they are right for an individual. A better...
A Trust in Michigan trust funding and estate planning One of the most common questions is whether an individual needs a trust. The simple answer is that each individual’s circumstances are different. A better place to start may be what is a trust and what are its...
Estate Planning D.I.Y. techniques can have serious consequences. Estate planning Don’t Put Your Children’s Name On Your Bank Account. There are many different ways to plan to pass on your property at the time of your death. However, putting someone’s name on your bank...