Anyone who works in the field of estate planning would probably be able to tell our readers that the biggest hurdle for Michigan residents to overcome in the process is taking the first step. Like a major house project that has been put off for months or years, many...
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Month: January 2014
Using trusts to protect estate — and the pet?
There are many reasons for Michigan residents to put together an estate plan. And, for as many different reasons that there are to get started, there are just as many different options to consider. For instance, for some people, protecting inheritance and making sure...
Administration of probate process is shrouded in mystery for some
Many people go their entire lives without ever having to be involved in the probate process. Nowadays people are living longer, which often has the unintended result of many people using up all of their assets prior to death, with nothing much of value to pass on to...
Power of attorney is important for everyone – even young adults
Many Michigan residents may think that estate planning is something that only older Americans need to worry about. This type of thinking can come from the view that an estate plan's main purpose is to distribute a person's assets after they die. While there is some...