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June 2015 Archives

What is a legal guardian?

A will serves many different functions. Most people understand that it helps to designate who will receive one's property when that person dies. However, it can do more than that. One area where a will is extremely important is appointing a guardian for people's wards.

Estate planning: settling debts for deceased Michiganders

When Michiganders think about their death, they likely hope that they will be able to leave their family with many assets. They likely intend to have their affairs in order so that their family does not have many financial issues to deal with. Michiganders hope that their assets can be quickly distributed to their loved ones without legal hassles. However, in reality, life is messier than this. Even with estate planning, there can be legal and financial issues that arise during the administration of an estate.

Use long-term planning to save money for when you age

There is no doubt that Americans are living long lives. It is not uncommon to read a local Michigan story about an individual reaching the 100-year-old mark and still enjoying life. Whereas the life expectancy of the average person was relatively low only a few generations ago, now many people comfortably survive into their eighties and nineties.

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