One of the most complex aspects of a Michigan wills and trust lawyer’s job is making sure that a trust is properly funded. While the attorney will be able to do much of the work on behalf of the client, there are…
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Tag: Michigan Estate Planning
Why Your Financial Planner Needs to Know about an iPug Asset Protection Trust
What Your Financial Planner Needs To Know… There’s a handful of financial advisors that are familiar with iPug asset protection trusts. Now if you were to ask your financial advisor, he or she may say, “oh yeah, I know those…”,…
Estate Planning Advice to Protect Your Children if They Get Divorced in Livonia
An unexpectedly common problem that Livonia estate planning lawyers encounter is how the proceeds of an estate are handled when the beneficiary gets divorced. We don’t want to think of our children dealing with the pain of a divorce, but losing…
Tagged with: Michigan Estate Planning
The “10 Most Gruesome Estate Planning Mistakes” series. Mistake #1: Dying Intestate
To die intestate means that you died without a valid Will. If you die without a Will or some other form of estate planning, the state in which you reside and the IRS will simply make one for you. Of…
Tagged with: Ann Arbor, Beneficiary Designation, Bloomfield Hills, IRA, IRS, Michigan Estate Planning, Probate Court
What Your Financial Planner or Family Lawyer Doesn’t Know, Hurts You!
I don’t know everything, what I do know is that I have a deep level of knowledge in very few areas of law and financial planning. When it comes to estate planning concepts as it applies to Main Street (not…
Tagged with: CELA, Certified Elder Law Attorney, family lawyer, Law Order, Michigan Estate Planning, PLUS, Wall Street
A Helpful Look at the Differences Between Estate Planning and Asset Protection in Brighton
Estate planning lawyers in Brighton are most often considered by folks who are wanting to put their end-of-life affairs in order. The lawyer helps them to draw up important documents such as powers of attorney and medical directives, as well as…
VA Tries Again to Get Rule Changes Approved by Congress
In 2014, Congress proposed a law that would penalize veterans and surviving spouses of veterans who were looking to apply for the VA Benefit if they transferred assets within the three year period from when they applied for benefits. If the…
Do You Need a Livonia Probate Attorney?
In the state of Michigan, it’s not legally required for you to hire a probate lawyer after the passing of a loved one, but that doesn’t mean it’s not a good idea. For one thing, a Livonia probate attorney will have…
Tagged with: Michigan Estate Planning
Downriver Estate Planning Lawyers: All About Family
All of us have family. Whether it is our spouse, children, extended family, or even our pets. What does estate planning have to do with your family? Everything! When we at the Elder Care Firm ask our clients what they…
Mother Still Knows Best When It Comes To Your Health
By Anthony Fischer All throughout your childhood your Mother told you to eat your vegetables, clean your plate and drink your water. The classic dinner time battle is one of the oldest stories in the book. But turns out all…
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