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In some instances, when one doesn’t know what to do, doing nothing is the appropriate choice. Rather than make a wrong decision, the Michigan resident chooses to make no decision. However, when it comes to estate planning, this decision to not … Continue reading
Which estate planning tools do I need? This is a common question among Michigan residents as they look to the future and the best way to handle their property. There is often confusion regarding the need for a will, a … Continue reading
Gray divorces, or divorces between individuals who are 50 years of age or older, have their own specific set of issues. When older couples divorce, there are usually more assets to consider as well as a decreased ability to bring … Continue reading
How and when to transfer assets to beneficiaries can be a difficult decision for many Michigan residents. Some prefer the traditional process of wills and probate. Others, however, look for ways to save and make the process easier. A careful … Continue reading
When a person who owns a business faces divorce, the end of his or her marriage may also threaten the business itself, and many people who depend on the business. In most cases, the easiest and most effective way to … Continue reading
The end of a marriage will inherently bring about change to the lives of everyone involved. For individuals in Michigan who are facing divorce, many may consider it vital to take steps to protect their financial futures throughout the process. However, … Continue reading
Estate planning is an important part of protecting one’s family and estate. Upon death, the Michigan resident’s assets will be distributed to others. How this is handled and who receives what is often part of the estate plan. As such, … Continue reading
Many Michigan residents recognize the need to create an estate plan. This is the overall plan designed to inform loved ones, medical professionals and the courts of the individual’s desires for end-of-life care and the final disposition of one’s assets. … Continue reading
If you are an adult child of parents who are senior citizens, you may already be worried about your parents’ care in the coming years. Still, broaching the subject with them can be a minefield in some families. Learn how … Continue reading
Financial planning is important throughout various phases of one’s life. Many times, decisions that can have lasting financial implications are made based on emotion. This is often the case when a Michigan resident decides to divorce. Prior to and throughout the … Continue reading