The complexity of any given task will cause many people put it off for as long as they can. Estate planning probably falls within that realm of thinking for a large number of Michigan residents. Sure, most people know that they need a will, but even that can seem like...
Michigan Legal Leaders Providing Personal Attention
Month: August 2013
Estate planning should be revisited yearly
Estate planning can be tricky business. When an individual has a lot of money or other assets to leave, drafting the proper documents, following proper procedures, and working with people you can trust are essential. A mistake in any of these areas can lead to...
Knowing the difference between revocable and irrevocable trusts
Some of our Michigan readers know exactly what they are looking for when they begin the process of drawing up an estate plan. Most people, however, don't really even know where to start, other than perhaps knowing that a will is probably important to have. The good...
Goals of estate planning
Most of our Michigan readers know the basic goals of a will. First, the will is intended to designate property distribution among relatives, friends and charities, so that a person's assets will be passed on to those individuals or organizations specifically designate...
Protect estate with a living trust
Many people, perhaps even some of our Michigan readers, have a will that sets out their wishes for after they die - and they believe that is all that they need. While it may be true in a limited amount of cases that just having a will is enough - and, granted, that is...