“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 …
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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 …
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 …
How to Leave an Inheritance to your Spouse
You and your spouse may have one of the most common type of estate plans between married persons which is the “Honey I love you, I leave it all to you” plan. With this type of plan, you leave all …
How to Leave an Inheritance to a Child
When you want to leave an inheritance to your children after you are gone, you usually just leave outright distributions to them. However, when you leave outright distributions to your children, those bequests are fully available to your children’s lawsuits, …
Be Aware of Administration Costs
When you decide to have your estate plan prepared, it can be a stressful experience. You have to make decisions about what you want to happen to you if you became mentally disabled. You have to make difficult end-of-life decisions …
Planning for tragedies makes a big difference
Many people think of estate planning as death planning. However, estate planning also includes lifetime planning which would be making sure that you are taken care of in the event you became incapacitated and also that your property is taken …