Can someone contest the validity of your will? Authored by: Anisha D. Rutkowski While most wills are carried out as intended without conflict, there are circumstances in which a will may be contested. Will contests generally occur amongst family members. Typically, the circumstances involve an unexpected beneficiary or devisee named in the will, a close …
The “College Three” – a must for every college student’s back-to-school list Authored by: Michael L. Rutkowski If you are sending a child off to college this Fall, this Summer brings a delicate dance of transferring key responsibilities from yourself to your child. Those responsibilities may require your child to care for their own health …
THE “COLLEGE THREE” – A MUST FOR EVERY COLLEGE STUDENT’S BACK-TO-SCHOOL LIST Read More »
What is Institutional Medicaid? What are the requirements to be eligible? Authored by: Kendra R. Rozboril With rising health care costs and increasing life spans, more and more people are concerned with how they will be able to afford nursing home stays when the time comes. Currently, the average cost in Michigan for nursing home …
WHAT IS INSTITUTIONAL MEDICAID? WHAT ARE THE REQUIREMENTS TO BE ELIGIBLE? Read More »
Formal or Informal Probate – what’s the difference? Authored by: Anisha D. Rutkowski We have discussed in previous posts when probate is necessary and how to avoid probate. But another key topic to cover is that when a deceased person’s assets must go through the probate process, the process can be either “formal” or “informal.” …
FORMAL OR INFORMAL PROBATE – WHAT’S THE DIFFERENCE? Read More »
Co-Personal Representatives, and what you need to know. Authored by: Kendra R. Rozboril During the Estate Planning process, you will get a chance to choose who you want to become Executor, or Personal Representative, of your Probate Estate should your assets pass through Probate Court. You can appoint just one person, or even multiple people, …
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Should you use a Joint Tenancy to avoid probate? Authored by: Anisha D. Rutkowski You may have heard that to avoid probate, you can simply add your child’s name to the ownership of an asset, such as real estate. It is true that by creating a “joint tenancy with right of survivorship,” you may own …
Should you use a Joint Tenancy to avoid probate? Read More »
Without an Operating Agreement, your business is left at the mercy of Michigan’s LLC default rules, which may not be ideal for you -Authored by: Linda Isho Your business outlook may seem promising when you initially contemplate starting a business with a close friend or relative. You set up a Limited Liability Company (LLC), a …
Is your LLC in your Trust? – Authored by: Collin D. Dickey It can be said that a Trust is only as good as what it holds. This is why it is imperative to consider whether you have assets that may have been left out of your Trust planning and, thus, not held within your …
How Caregivers Can Deal With Stress Related Insomnia – Authored by: Sarah Johnson Caregiving can be physically and emotionally draining, causing stress that can make it difficult to sleep well at night. Unfortunately, stress and insomnia go hand in hand. When you’re stressed, you’re more likely to have sleep difficulties, and when you’re sleep deprived, …
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Trust Amendments – Authored by: Collin D. Dickey One of the most common questions we hear from clients is, “what if I need to make a change to my Trust?” The way changes to a Trust should be made depends on what specific changes are desired and, of course, the circumstances surrounding the needed changes. …