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July 2012 Archives

Audit of Michigan probate courts raises serious concerns

Most people, including our Detroit-area readers, would probably rather avoid going to court if they can. After all, court hearings usually only occur when the conflict between two parties reaches a point where the issue cannot be resolved through alternative means. But whenever parties do end up in court, most would like to think that all of the best practices are being followed. A recent audit of Michigan's probate courts, however, found a few bugs in the system.

You and your family - are you part of the "sandwich generation"?

Ever heard of the "sandwich generation"? Most of our Michigan readers probably haven't, but apparently this is the term that some use to refer to the children of baby boomers, mostly because these are the people who will find themselves supporting both their parents as they age and require long-term care, and their own children as they set out to attend college.

What exactly is an "estate"?

When Michigan residents hear the term "estate plan," some may think of it as a legal term applying only to wealthy people. On the same token, people might think of an estate plan as a stack of documents that directs the distribution of enormous amounts of assets and property. However, what these same people may not know is that drawing up a document as simple as a will is the beginning of virtually every estate planning process.

Power of attorney documents come into play in death of car legend

Michigan residents love cars, especially in the Detroit area. That is why many people were saddened by the death of Carroll Shelby on May 10. Shelby was responsible for some of the most iconic American muscle car designs and engines, and the Ford Mustang Shelby remains one of the most venerated cars to ever come out of Detroit. Shelby died at the age of 89 in Dallas, and unfortunately his body remains there at the medical examiner's office while his family members dispute over how his burial will proceed.

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