Currently browsing Estate Planning

Do You Need To Update EP

You may have a will, financial and health care powers of attorney and also maybe a trust. You may be wondering how often your estate planning documents should be updated. Or you may question whether your existing estate planning documents …

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Planning for Unexpected Events

You may think of estate planning as death planning, but it is much more than that. Estate planning includes lifetime planning. The first component of estate planning is: I want to control my property while I am alive and well. …

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Beware of Financial Scams

You get an official looking letter that says that you have won the $50,000 sweepstakes. There may even be a realistic check from a real company and drawn on a real bank. There is a catch. Before you can claim …

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Making a Graceful Exit

When we come in to this world, we come in with nothing, not even clothes on our backs. However, when we leave this world, we usually have a lot more stuff. If you are like 70% of Americans, you have …

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Buying Commercial Real Estate

You may be looking to buy real estate for your new office, retail store or other business. A common mistake many people make after finding property they like, is to sign a purchase agreement prepared by a realtor and then …

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Now What Do We Do With the House

Mom and Dad are now gone, but they left the house. What is going to happen? What do you do? The answer is: “It depends.” But on what? It depends upon how the property is titled. Different titling requires different …

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Protecting Your Baby

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

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Estate Planning for Out of State

You are a Michigan resident, but you do not spend all year in Michigan. You may spend part of the year in another state, such as Florida or Arizona. You may even own a mobile home, condominium or house in …

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Taking Care of Fido

We haven’t talked about pets in a while. Do you have any pets? You may have a cat or dog which you likely consider a member of your family. You may have a bird, an iguana or like my nephew, …

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