Representing People In Center Line And Warren Since 1993
Talking with your parents in Michigan about estate planning can be intimidating and challenging. By avoiding this conversation, you may deprive yourself of key instructions or financial information that further complicate dealing with their estate after their...
Many estate planning tools are available for people to use, including the very popular revocable trust. This legal arrangement is essential in estate planning and frequently used because it allows individuals to control their assets while they are alive and mentally...
You may be reluctant to speak about your death with your children or other heirs, but it's a meaningful first step in estate planning. You should set everyone's expectations concerning the settlement of your estate, including the disposal of your Michigan home....
If you're a real estate investor who wants to save money by managing your own Michigan rental properties, that is an achievable goal. However, there are some downsides to being a landlord that you should consider before you start assuming that responsibility. Here are...
Michigan residents who are going through estate planning might be familiar with the probate process. Depending on the size or conditions of your estate though, a secondary probate process might be needed. Ancillary probate is an additional process that happens if the...
In Michigan, estate planning for newly single parents can present many complexities and emotional challenges. However, after losing a spouse to divorce or death, single parents must ensure that their children are cared for. A trust can provide many functions that lay...
In Michigan, your estate planning involves choosing beneficiaries to receive your assets. Yet, some people may not understand that their will is not the final say for all beneficiaries. Certain assets, such as retirement accounts, have beneficiary designations that...
Investors in Michigan and around the country seeking opportunities in the commercial real estate sector have traditionally chosen to buy buildings and then rent out the space, but real estate investment trusts have become more popular in recent years because they...
Being a landlord in Michigan can be a rewarding experience, but it also comes with its fair share of challenges. Whether you're a new landlord or an experienced one, it's crucial to avoid common mistakes that can lead to financial and legal issues down the road....
Estate planning requires many steps, and doing it properly could help ensure things work smoothly in a Michigan probate court. Devising a will with careful thought and consideration may involve more than determining who receives particular assets. Selecting the right...