Previously on this blog, we discussed recent headway in Alzheimer's research that could result in improved medical treatment. And since the percentage of people in Michigan who are 65 or older is greater than the national average, many readers in the Detroit area who are doing estate planning may be interested in a more recent report by the Alzheimer's Association.
For many Oakland County residents, estate planning is a crucial aspect of financial management. However, mistakes in the estate planning process happen all too frequently. There are some especially common mistakes that a majority of people make when hashing out their estate plans. Whether it involves guardianships or trusts, an estate plan can cause a multitude of problems if due care isn't taken in establishing details.