A Life Care Plan is a different approach to Long-Term Care Planning Dafoe Law, PLLC The Life Care Plan places special emphasis on issues surrounding the elderly, those with long-term illnesses, and incapacity. The Life Care Plan connects your concerns about long-term...
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Probate and Trust Administration
Why a Trust Is the Best Option for Avoiding Probate
Trust: Probate Avoidance 101 As Ambrose Bierce once darkly observed, “Death is not the end. There remains the litigation over the estate.” Obviously, ideally, when someone passes away, the paperwork and material concerns associated with the estate are so flawlessly...
3 Reasons You Want to Avoid Probate
When you pass away, your family may need to visit a probate court in order to claim their inheritance. This can happen if you own property (like a house, car, bank account, investment account, or other asset) in only your name. Although having a will is a good basic...
The Pros and Cons of Probate
In estate planning circles, the word “probate” often comes with a starkly negative connotation. Indeed, for many people — especially those with larger estates — financial planners recommend trying to keep property out of probate whenever possible. That being said, the...
What To Do After a Loved One Dies
Administration of a loved one’s estate or trust. If you’ve been appointed an personal representative of a loved one’s estate, or a successor trustee, and that person dies, your grief – not to mention your to-do list, including tasks ranging from planning the funeral,...
Tips for Personal Representatives
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,...
Probate
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...