Articles

Children’s Accounts May Need to be Probated

In an attempt to do their own mini-estate plan, many people add their children’s or grandchildren’s names to financial assets. These assets could include saving accounts, checking accounts, Christmas club accounts, CDs, life insurance policies, annuities, U.S. Savings Bonds, etc. …

Read More

Wills Guarantee Probate

“Dad’s (or Mom’s) will says I am the sole beneficiary. I took the will to the bank, but the bank refused to give me my money. Why won’t the bank give me my money, when Dad’s (or Mom’s) will says …

Read More

Planning for Charitable Gifts

If you are like most people, you are charitably minded. Studies show that more than 80 percent of Michigan residents give annually to non-profit charitable organizations. However, have you ever thought about what happens to those non-profits after you are …

Read More

Sharing is Caring

They’re your assets and your estate plan and you want to keep it private. Why would you want to share your plan with your family? If your family is like most families, your children will at some point start believing …

Read More

Providing for Special Needs Children

You may have a special needs child who is developmentally disabled or legally incapacitated. This child may also be on some form of governmental assistance such as Supplemental Security Income, Social Security Disability Income or Medicaid. If you leave property …

Read More

Protecting Your Baby

If something happened to you and you were unable to care for your minor children, what would happen? If you became incapacitated or died, who would take care of your children, where would they live and who would make medical …

Read More

Federal Estate Tax is a Voluntary Tax

You have probably heard a lot of talk about the Federal estate tax and about its so-called repeal. In our current estate tax system your estate will be subject to Federal estate tax if your taxable estate is more than …

Read More