January is the month in which many Michigan residents set new goals for themselves and plan for the months ahead. It is a time they choose to start fresh and accomplish things they have been putting off for far too long. Estate planning is not something many people...
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Estate Planning
Possible topics to keep in mind when choosing an executor
As you work toward creating a plan to safeguard your future interests, there is a chance you may encounter a variety of essential topics to address and difficult decisions to make. One such topic could pertain to choosing an executor to act on your behalf and carry...
Developing a blueprint for the future with estate planning
Life circumstances can change in the blink of an eye, and your ability to adapt to sudden shifts in life could depend on how you prepare for every possible scenario. Due to the unexpected nature of some changes, planning for the inevitability could be integral to...
Estate planning when your family members are bad with money
Every family has one: a loved one who just isn’t good with their money. Perhaps, this loved one buys new cars every three years, even though they can’t afford them. Or they have thousands in credit card debt because they can’t stop buying designer clothes. Or your...
Review your estate plan if you have a newborn
When you have a new child in your arms, it’s one of the most wonderful things that can happen for you and for your family. As a parent, you are taking on a lot of responsibility, though. You may have concerns about your child as you grow older and may be worried about...
To share or not to share estate plan details with children?
End-of-life planning isn’t necessarily easy to accomplish, as there are a lot of things to consider. The goal is to create an estate plan that offers the protections one desires while at the same time preventing future conflict among one’s children. Some Michiganders...
Own lakefront property in Michigan? Put it in your estate plan.
Michigan is a state that focuses on the waterfront. Summer holidays are spent on the lake. Children learn to swim as soon as they can walk. Ask someone about their memories of growing up in Michigan, and many will recount trips to the beach or to a family cabin on a...
Overcoming reservations about the estate planning process
While having a strategy in place for the future can be beneficial in various ways, there are a variety of reasons for which you might be somewhat hesitant to initiate the process. While seeking insight on all your available estate planning options could be helpful,...
Estate planning is a must for new parents
Being a new parent is an exciting thing. However, along with the joy that comes with welcoming a child into one’s home is the constant fear and worry that one will be able to protect and provide for the new addition to the family. Estate planning is a simple thing...
Don’t treat companion animals like property in your will
As you grow older, you may find that you need to revisit your estate plan or possibly create one if you didn't do it earlier in life. In addition to putting your medical preferences in writing and allocating your assets to different family members or charities, you...