There are many situations in which you may need to obtain a copy of a last Will and Testament in Michigan. If you need a copy of a person’s Will for legal reasons, or if you are curious about learning the contents of a Will, you might be able to see the Will simply by …
A Will challenge can be filed by an interested party for many reasons including a belief that the Will was created under undue influence via fraud or that it does not meet the legal requirements for such a Will where you live. Preventing the decimation of your estate assets due to a Will challenge and the …
Should You Use a No-Contest Clause in Your Will? Read More »
A retirement plan, such as an IRA, should be incorporated into your estate planning by using beneficiary designation forms. Assets like IRAs with beneficiary designations often transfer outside of the traditional probate process. However, the situation surrounding transfer of such an asset may become complicated without a proper beneficiary designation, or if your Estate has …
What Happens if my Estate Is the Beneficiary of my Assets? Read More »
If a will is ruined, this raises a lot of questions about whether it was destroyed on purpose because the creator wanted it to be invalid or intended to write a new one. There is a big difference between losing a will in a housefire that consumes the contents of the entire home vs a …
Can an Accidentally-Destroyed Last Will Be Valid in Michigan? Read More »
This is a question we get asked on a weekly, if not daily, basis. What information should you have on hand to help administer your estate or your parents’ estate? Where can I find account numbers, assets, passwords, etc.? This can be a much harder question for children to answer than parents. Typically, the parents …
There are several different measures you can take to help keep your assets safe but these are not any undertakings that you should work on by yourself. In fact, hiring a knowledgeable estate planning attorney can be the first and perhaps the most important step in protecting your assets. Asset protection planning is something …
Can You Protect Your Assets from a Lawsuit or Creditors? Read More »
A financial power of attorney document gives you peace of mind and confidence that another person you select as your Agent will be able to make financial and legal decisions on your behalf if you become incapacitated and are unable to do so. By creating a financial power of attorney, you are giving another person …
What Does It Mean to Give Full Authority in a Financial Power of Attorney? Read More »
Your personal plan for what you want to happen with your assets after you pass away can provide peace of mind for you, but it also serves as a structured approach to distributing your belongings when you are no longer around to decide their fate. The estate planning process should not just be visited once …
Establishing a trust is one of the best ways an individual can plan for the management and distribution of their assets after death. However, it is important to realize that your trust is based on a snapshot in time, in that it serves your wishes as stated at the time the trust was created. As …
Have you thought about your assets and legacy and how these play into your estate planning? With the right resources and advice from experienced professionals, estate planning can be a positive experience. The process will assist you in identifying what you intend to pass on to your loved ones and allow you to make the …
Why Women Need Solid Organization for Estate Planning Read More »