Lady Bird Deed in Michigan: What You Should Know

Lately, there has been a marked increase in demand for Lady Bird Deeds. A Lady Bird Deed is an enhanced life estate in which someone who owns property keeps the property, and control over it, until his or her passing. Once the owner of said property passes away, the property will transfer to the new [...]

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 [...]

National Make-A-Will Month is August!

August is National Make-A-Will Month! Having a will not only ensures that your wishes are carried out after your passing, but it also protects your loved ones from potentially lengthy and expensive court proceedings. Common misconceptions about making a will are you think you’re too young, you think creating one is too expensive, and you [...]

Artwork, Antiques, Collectibles… How to Plan for Them?

Don’t let your investments end up being considered just “personal property.” After your death, all of the things in your home or office are considered  “personal property” and depending on how you’ve planned, may become subject to the determination of the person appointed as your personal representative.  The personal representative can decide to sell them, [...]

You Never Give Me Any Money – Estate Planning with an Irresponsible Child

Difficulties with estate planning Estate planning is a commonly overlooked tool that can give you peace of mind and help your children after your passing. Parents want what is best for their children: to live happily, healthily, and hopefully to be more successful than their parents before them. Sometimes, however, you might understand that your [...]

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