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Estate Administration & Probate Archives

Estate plans make wishes known, remove stress

While thinking of one's demise is certainly not the most pleasant thought, having all Ts crossed and Is dotted is crucial to everyone's life plan. A solid estate plan can be an extremely helpful in the event of a family member's death in that it can remove the stress of the unknown. Even with its helpfulness, however, there are still many aspects estate planning that may be less understood than others.

Selling real estate during the probate process

While the estate planning process is used by many residents in Michigan to prepare for what will happen to assets upon death, it is often difficult to prepare for what could occur if the probate process is initiated. When heirs and beneficiaries hear that the estate administration has begun for a deceased loved one, those individuals may expect to receive what the will details. However, if a will doesn't touch on all assets and properties, the probate process must occur.

Guiding you through the estate administration and probate process

While our loved ones might have carefully crafted an estate plan, making it easy on beneficiaries and heirs during the estate administration process, this does not mean that the probate process is not needed. Although many residents seek to utilize tools to avoid probate when drafting an estate plan, this doesn't mean that the probate process is something that is bad to go through.

Should I discuss estate planning with my parents?

Estate planning is one of these topics (think relinquishing a driver's license or making long-term care arrangements) that can cause difficult conversations between adult children and their elderly parents. For one thing, your parents might get the impression that you are being greedy when you are just trying to help them. The reality is, though, if you have to ask yourself whether to have this conversation with your parents, you probably should. Here are some tips to make the talk go over well.

How can you reduce estate taxes?

There are many considerations that people make as they plan their estate. Estate planning can be a complicated and extensive undertaking. There are details that people may not consider as they move forward with the process, and dealing with them may seem tedious. However, ignoring the small details can lead to significant challenges for family members following an individual's passing.

Removing a personal representative

There are many responsibilities that people take on over the course of their lifetimes. Many of these, people take very seriously and carry out with great care. There are, however, other times when people do not take their responsibilities as seriously as they should. Or, times when people are just physically unable to complete something that they have been appointed to.

Understanding your role as estate administrator

Estate planning is extremely important for Michigan residents. It helps to ensure that people have a plan for their assets in the event of their death. With the proper estate plan in place, people can help their families avoid unnecessary taxes and a long probate process. This can be immensely helpful following a person's passing.

Actor dies without will leaving litigation

When people are young, they don't often think about the consequences of failing to have an estate plan. In fact, many people may not even think about their estate plans or find it necessary to create one. When people think about death, they often associate it with older individuals. Sadly, no one is immune from an untimely death. Therefore, even young adults need to consider their estate planning needs.

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