It is the high school graduation season and now time for my annual column for young adults. If you have any adult high school or college aged children, they are responsible for making their own medical and mental healthcare decisions. …
Your Trust As Your IRA Beneficiary
I am often questioned by financial advisors, banks and mutual fund companies if I meant to name a trust as primary beneficiary of retirement accounts. Yes, I meant to do that. When we prepare a trust-based estate plan, we also …
Homeowners May Not Be Responsible for Acts of God
We have had a lot of pretty big storms lately. Along with these storms have come lighting strikes, wind micro bursts and sustained high winds. This has resulted in a number of downed trees. You may have had that ancient …
Indecision No Excuse for Not Planning
If you are like 70% of adults in Michigan, you have done no estate planning. You have not prepared a will, trust or financial or health care powers of attorney. The big question is: Why not? One reason you may …
Professional Fee Abuse Five – Fee Estate Planner
I received a call from a friend of mine a few weeks back. He said “Matt, I have an idea for a column. You should talk about all those attorneys who rip off estates and trusts. You may not be …