Year: 2020
Both trusts and last wills can play a central role in an estate plan. Some people use both documents, and other people pick between the two. In order to determine if a trust or a last will better suits your … Continue reading
If you’re planning to tell your spouse you want a divorce or you anticipate that they’re considering one, you may put some money aside in a bank account in your name. It can be wise to do that –- particularly … Continue reading
When your parents passed away, you and your siblings each inherited equal shares of the family home, some rural property that hasn’t yet been developed or a vacation home. At the time, it seemed like a great idea to keep … Continue reading
Every family will have unique concerns that make their divorce proceedings different than those of others such as high assets. Even someone else in a marriage that might seem similar on paper due to income, family size, and the ages … Continue reading
When you inherit a piece of real estate from your parents upon their passing, you may not want to keep it. Say you and your family have your own family home in Grand Rapids, and your parents lived in Traverse … Continue reading
You’ve found the home of your dreams, you’ve been pre-qualified for a mortgage, made an offer and it was accepted. You’ve given your landlord notice and preparing to move into your new home on the first of the month when … Continue reading
Divorce will change your life in many ways. From where you live to your financial circumstances, you should expect to make a variety of high-level changes in the immediate future. Post-divorce, you’re expected to abide by the terms and conditions … Continue reading
If you are like most people, you probably have a list of things you mean to get around to but never do. Whether a written list or a mental one, it is easy to put things off until one day … Continue reading
You know that your heirs will not necessarily have to work because you’re wealthy enough to leave them assets they could live off of for life. While they may see this as a positive, it actually worries you. You do … Continue reading
Traverse City is home to many families who have worked hard to develop intergenerational wealth. Whether you have real estate holdings, a successful business or just substantial investments, passing those assets along to your children and loved ones will likely … Continue reading