The Tom Petty Estate Drama Continues

Earlier this year, we talked about Tom Petty's estate and how family drama has reached a boiling point. Daughter Adria and widow Dana York Petty have been entangled in the estate of the late rock icon for at least a year and a half now. At first, we talked about how Adria and her sister [...]

What You Need to Know About the Probate Process

What is Probate? Probate is a legal process in which a decedent's estate is properly distributed to heir and designated beneficiaries and any debt owed to creditors is paid off. For the most part, probate property is something that's distributed according to the decedent's last will and testament, if there is one, or according to [...]

Be Sure to Check Your Estate Annually

Every year you should go to the doctor to get a physical, see how you're doing and if there are any changes that need to be made in your life. All of this is for the betterment of your health. In this respect, wouldn't you do the same when it comes to an estate plan? [...]

2019-05-23T12:47:09-05:00Thursday, May 23, 2019|estate law, estate plan, Estate Planning, Trust, Trustee, Will|0 Comments

Estate plan: is it a big deal to not have a will?

It seems like that with each passing day, we learn about a celebrity or famous figure who died without a will. Is it a big deal? The answer depends on the circumstances. When creating an estate plan, you'll be able to control how you want your affairs and life's assets to be taken care of. [...]

How Can I Avoid a Messy Situation with a Will?

The Probate ProSM has informed you in the past to have a plan in place for someone’s untimely death. While we continue to inform you about the importance of having a will in place, there’s a slight caveat. Even if a will or just a plan is set up, it doesn’t guarantee that you’ll avoid [...]

Estate Recovery: How can I Avoid it?

Written by Brandon Thomson A Question, Often Asked Here at The Probate ProSM, we are often asked this question: “If a loved one receives Medicaid benefits, will the State of Michigan take their home?”  The answer …  it depends. The State of Michigan may recover property from estates of certain deceased Medicaid beneficiaries who have [...]

Lady Bird Deed: What is it? Who is it for?

The Lady Bird Deed is a specific type of deed that has become popular in recent years. The reason for its popularity is simple – it has many benefits. Some of the benefits include the ability to transfer property outside of probate without using a trust and the avoidance of Michigan Medicaid Estate Recovery. What [...]