A growing number of people in Michigan are realizing that they can have more of a say in how their estates are used after they have departed, the use of incentive trusts has increased as a result. Parents, especially, are directing…
A growing number of people in Michigan are realizing that they can have more of a say in how their estates are used after they have departed, the use of incentive trusts has increased as a result. Parents, especially, are directing…
While married couples are most obviously in need of the services of an estate planning lawyer in Brighton, unmarried couples may actually need it more. It’s a pretty well known fact that when a married spouse passes away, the other…
Estate planning is easy, it’s just planning for where your stuff goes when you go (that said most estate plans fail). But what happens if you don’t pass away and you continue to age and face all the issues that…
The short answer is: it depends. This is a question we get a lot, and one we typically discuss at length with non-married parents during our planning sessions. When one of the parties of a divorce decree dies, this will…
By Anthony Fischer, Elder Care Coordinator I am sure you have heard the cliché “If you don’t lose it, you’ll lose it”. That is especially true when it comes to older adults. As an older adult it is vital that…
When setting up an estate plan, most people are concerned with what will happen to their belongings: money, jewelry, house, etc. But little thought is ever given to what will happen to their debts when they pass away, notably their…
There’s no better time to start preparing your affairs than right now. For many, it can be uncomfortable to think about, or a task that continually gets put off until some distant tomorrow, but an emergency or accident could happen…
As you work with a trust attorney in Brighton, Michigan, you will likely end up making a list of your assets. Some of these are tangible, such as property and heirloom jewelry. Others are not so obvious and could include…
As a Michigan Elder Law Attorney, I commonly hear from veterans and surviving spouses that they won’t ever need Medicaid because the VA will pay their nursing home care. However, that’s really not the case. Don’t make this mistake in…
Inheriting an IRA can be a financial blessing but you have to be extremely careful about withdrawing the funds. There are a number of mistakes you can make that can result in a missed opportunity for tax-deferred growth, or worse,…