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A Tip for The Overwhelmed Personal Representative While it is an honor to be named as an the personal representative of a will or estate, it can also be a sobering and daunting responsibility. Being a personal representative requires a high level of organization,...
What These 4 Famous Estate Planning Debacles Can Tell You About Proper Planning Are you failing your family the way these 4 celebrities failed theirs? These four celebrity estate planning fiascos offer lessons about how to handle your own planning and legacies. Pablo...
Digital Assets is an entire category of commonly-overlooked legacy to consider – digital assets. Don’t worry if you didn’t consider these assets when made your will or trust – it’s surprisingly common and, luckily, easy to correct. What are digital assets? They...
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...
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...
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...