Last week, we discussed appointing someone to handle your finances and other property when you cannot and avoiding a court appointed conservatorship. A financial power of attorney will work very well in those instances, but what about health care decisions? …
Managing Your “Stuff” When You Can’t
You are doing ok now. You are paying your bills, still able to balance your checkbook and do your own banking. But it is getting to be a real chore. It just seems harder to do now. If that is …
You May Own Life Insurance Company Stock and Not Know It
Are you receiving annual or quarterly dividends from an insurance company? You have one or more life insurance policies with that company. Those life insurance policies have cash value that has built up over the years. Those dividends that you …
Why Haven’t You Done Your Estate Plan?
You have done no estate planning – no will, no trust, no financial power of attorney and no health care power of attorney. Congratulations! You are with the majority of Michiganders. Over half of our state’s adult residents have no …
No Kids – No Problem
You may be married, or not. According to the Pew Research Center, marriage rates have been declining steadily over the last half-century. In 1960, 72% of adults age 18 or over were married. That rate was down to 50% by …
Income Tax Benefits of Charitable Giving
You have your favorite charitable passions. They may be providing for underprivileged children, protecting abused animals or supporting your church. There are a variety of ways to give. The most common gift is the direct gift of money by cash, …