Estate Planning: Is It Important to Talk to Your Children About Your End of Life Plan?
Estate planning is a vital part of creating a plan of action for your untimely passing or inability to care for yourself. Creating a will and/or a trust is not good enough when it comes to preparing for your future. Instead, creating an estate plan allows you to plan for and organize your assets while… Read more
What Happens If You Pass Away Without A Plan in Place?
No one likes to consider their mortality which often leads to the issue of individuals passing away without putting into place an estate plan, will, trust, or other legal documentation to distribute their assets. Many times, people assume that they are too young to need an estate plan in place, that their assets are not… Read more
Five Common Mistakes Made In Estate Planning
As a society we tend to put discussions on topics we deem uncomfortable on the back burner often times until its too late. This is often that case when people become unable to take care of themselves sooner than imagined or die unexpectedly. The topic of death or not being able to take care of… Read more
The Basics of Michigan Estate Planning
When you are alive and happily leading your life, you don’t have any concerns about what might happen to your assets if you are not there to own them. This isn’t carelessness, this is an oversight that can be avoided. Estate planning is what mitigates all the feuds between your beneficiaries and everything bad that… Read more
Common Estate Planning Myths
We have all seen it on TV or heard about a well-to-do individual who unexpectedly dies without leaving a valid will, trust, or estate plan consequently leaving the court to dictate how the deceased’s assets are distributed to his or her living heirs. When individuals pass away without leaving an official will, their property or… Read more
An Estate Plan Is Needed Even If You Do Not Have Children
Individuals with children usually create an estate plan as the result of advice from financial advisor and estate attorney. This is due to a sense of urgency and need to ensure there is a laid down plan to cater for the needs of their children in the event of an untimely demise. On the other… Read more
Risks of Not Having an Estate Plan
Don’t have an estate plan for your estate? Are you under the impression that such plans only exist for those with large estates that are well off? If this is your assumption it is false and holds no merit. In fact, an estate plan is the best thing you can do, no matter how large… Read more
Avoid these Costly Mistakes by Hiring an Estate Planning Attorney
In order to pass your estate along to your deserving heirs it is important that you choose a family law attorney to help you draw up an estate plan to avoid extra taxes and probate when you do pass. An experienced and trusted estate planning lawyer will help to ensure that your assets are distributed… Read more
The Important of Updating Existing Estate Plans Going into a New Year
Managing legal issues of any kind can be difficult but especially those dealing with the passing of a loved one and probate. The issues that can arise in these situations often cost a good deal of time and money to establish their outcome. Although these situations should be avoided with an up to date estate… Read more