Sometimes a probate is not big - in fact there are times when the probate is small. For those in need of gaining access to a small bank account or asset, there is something called a Small Affidavit. It's a process that exists throughout many states within our country. The Small Affidavit exists in Michigan, [...]
Written by Brandon Thomson It happens quite often. A child or family member ends up caring for their parent or loved one who needs long-term care assistance. Most of the time, the caregiver is doing it out of the goodness of their heart. Mentioning that the caregiver could get paid to care for their [...]
Not too long ago, we took a look at five things people should consider when choosing a guardian. This week, we’ll discuss three things people should consider when choosing a conservator. A conservator is responsible for handling an individual’s financial accounts and statements, making sure the individual needing conservatorship has nothing to worry about. With [...]
The world was shook last week with the passing of Luke Perry. A beloved television actor, Perry suffered a massive stroke, which led to him being put into a medically-induced coma. Sadly, Perry passed away several days later. No matter who you are – a television actor or a construction worker – you need to [...]
In the court of law, an adult who is unable to take care of themselves or their property and minors are considered to be incapacitated persons. An incapacitated adult or minor will need someone to oversee them, assuring their safety and well-being. Enter guardians and conservators, who are there to serve and protect their loved [...]
Generally, a Special Needs Trust is a very specific trust that can be beneficial to those receiving government benefits because of special needs. Most commonly in this category is Medicaid and SSI. To receive government benefits such as Medicaid and SSI, an individual must have limited assets and income. A Special Needs Trust is [...]
Did you make any resolutions this year? Just 3 weeks in, how are you doing so far? Studies have shown that less than 25% of people actually stay committed to their resolutions after just 30 days, and even fewer actually accomplish them. Credit Forbes. Even if you've already given up on your resolutions, or if [...]
Many people with children give a great deal of consideration as to who will take care of them if something were to happen to both parents. But what about the furry members of our families? Without a written, clearly defined plan, your pets could end up in a shelter or euthanized. That’s why it is [...]
Conservator Appointment in Michigan Unfortunately, there are times when a person is not able to manage their own financial affairs. If the person has failed to adequately plan with a Power of Attorney, a person, called a “conservator” can be appointed by the probate court in which the individual resides. Upon the filing of a [...]
Different documents have different amounts of time that they should be kept. Tax returns, home sale documents, estate documents, and a death certificate are just some of the things that you might have left after the passing of a loved one. A general rule for keeping documents is to keep them for 7 years after [...]
