Last week, I attended the State Bar of Michigan Elder Law and Disability Rights Section 16th Annual Spring Conference in Plymouth, Michigan. One of the presenters at the conference was Daniel D. McHugh, a Certified Financial Planner® and Certified Public …
Providing for the Not-So-Secret Life of Pets
It is estimated that 500,000 of the 4 million cats and dogs that are euthanized each year in the U.S., come to the shelters because they have outlived their owners or their owners’ ability to care for them. Oftentimes, these …
Some Income Tax Questions
It’s that time of year to prepare and file your annual income tax returns. Most all individuals are calendar year taxpayers. You file your tax returns each year by April 15, reporting income for the previous calendar year. So this …
Creditor Protection Using Trusts
Trusts can be very effective creditor protection tools. We use them all the time for this purpose. However, there is one trust, that although it can provide fabulous creditor protection for other trust beneficiaries, it does not provide any creditor …