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September 2015 Archives

Limitations on those with power of attorney in Michigan

Michigan residents often desire to be in charge over their own affairs. Most people want to be able to handle their own money, their own property and their own healthcare decisions. Many people can go their entire lives without needing help from anyone in making these decisions.

New tax laws to be considered when estate planning

Making the most of a person's assets is not always easy. People often want to spend their money a certain way, but can't for one reason or another. However, in an estate plan, people are given wide authority over how they want to distribute their assets. People are able to give money or property to family and friends, they are able to donate to charity or ensure that a loved one is taken care of.

What is the Medicare Savings Program?

When Michigan residents are struggling to make ends meet, it can be easy to let certain expenses fall to the wayside. In many cases in which people choose to stop seeking routine medical care as a way to save money. However, people need to be aware that they may qualify for government benefits in these situations. Long-term planning is often needed to ensure that people can take advantage of benefit programs well into the future.

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