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November 2017 Archives

Family fights over bakery fortune

Poor estate planning can lead to acrimony among relatives. A legal battle over the fortune of a deceased Baltimore bakery magnate involves allegations that cash was stolen from an office safe and safety deposit box, use of phony trusts, bad seafood and arguments in restaurants.

End-of-life wishes as you care for your terminally ill parent

Taking care of an aging parent is a difficult task. That task is monumentally more difficult, however, when your parent has a terminal illness and thus has a prognosis that tells you how long you might expect him or her to live. People often avoid questions around end-of-life matters when they are healthy because it can be so uncomfortable to think about death and the related planning that accompanies it. When parents are facing the end of their lives, they may be counting on you to help them make important decisions.

Estate planning prevents problems in life and death

Drafting four important documents and keeping them current is an essential part of estate planning that protects individual, allow them to take care of themselves when they are alive and provides protection for their heirs. Age or net worth are not barriers to having these documents.

When to contest a will

Litigation can outlive a person who made a will. In a Michigan will contest, a beneficiary can file a legal challenge to the will's validity. These challenges can take place before probate or after probate opens.

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