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Passing away without a will is known as dying intestate. Intestacy laws govern what happens to someone’s assets when they pass away without a will. These laws are set at the state level and the regulations differ between each state. … Continue reading
It’s taken a long time to get your business to where it is today. But in a divorce, knowing how much your spouse contributed could have a big impact when it comes time to divide assets. 3.7 million small businesses … Continue reading
For small business owners, more than likely at some point, they will need to have a business valuation completed. A business valuation sets the value of what a business is worth. Business owners need business valuations completed in divorce cases, … Continue reading
Whether your divorce is amicable or not, there is likely going to be something that you and your spouse both want when you are splitting up your assets. It might be sole custody of the kids, but it can also … Continue reading
The language of estate planning can be a little bit confusing. For example, there is a living will and a living trust, and there seems to be some confusion as to what the difference is between the two. In addition, … Continue reading
The residential real estate market in Grand Traverse County continues to be healthy. According to the online real estate site, Zillow, the median price for homes in the area has increased 9% in the last year and 32% since 2013. Number of days on … Continue reading
Young adults frequently embark on the journey of adulthood with plans to build their fortune. The term estate planning conjures up images of considerable assets to be bequeathed to one’s heirs at the time of one’s death. However, anyone who has a … Continue reading
It is no secret that the population in Michigan and around the country is aging. The fastest growing age group is that of people 65 and over. As people age, their health can deteriorate, and the fear of living with … Continue reading
Financially secure couples in Michigan facing divorce have to consider a variety of unique concerns. Anyone going through a divorce will need to take careful steps to protect themselves and their interests, but those with more significant assets will have … Continue reading
Anyone with an estate plan is aware of the importance of protecting financial and physical assets. A new category requiring protection that people need to be aware is that of digital assets. Technology has become an increasingly important part of … Continue reading