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 [...]
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 [...]
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, [...]
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 [...]
