Tom Petty and the Heartbreaking Estate

The administration of a deceased’s estate can bring drama with it, and celebrity status in no way prevents the drama from happening. In fact, you could argue it creates more drama. Take for example the late Tom Petty. After his passing, Petty’s widow, Dana York Petty, became the trustee of the artist’s trust. As you’ll [...]

Kristoff St. John and the Holographic Will

A few weeks ago, we discussed how Luke Perry took steps to protect his family in the event that he passed away. Today, we’ll take a look at another celebrity who passed away last month, that being soap opera television star Kristoff St. John. Originally, it was reported that the Young and the Restless star [...]

The Case of the Abraham Lincoln Estate

Most presidents of our country have been well-prepared for office. One of our country’s greatest presidents, however, wasn’t prepared when it came to estate planning. Abraham Lincoln was shot at Theater on April 14, 1865 and died the next day. Upon his death, the president’s son, Robert, sent a telegraph to David Davis, Justice of [...]

The Difference Between a Conservator and a Guardian

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 [...]

New Veterans Administration Evaluation Requirements

New Veterans Administration Rules Released in 2018 The new rules will impact the needs-based benefits for veterans and surviving spouses. Clarification of commonly confusing areas like evaluating net worth, asset transfers, and income exclusions were the focus of the new rules. The Veterans Administration Final Rule, as it’s being called, created a new net worth [...]

The Statutes and Case Law Behind the Appointment of a Conservator in Michigan

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 [...]

Millennials… the next clients needing estate plans?

Why should an estate plan be top-of-mind for millennials? The truth is, we cannot predict the future. We don’t know when our time will come. Terrible accidents happen all the time. What we do know is what a mess you could potentially be leaving behind if you do not have a will. As millennials begin [...]

Paperwork and more paperwork, how long should I keep it?

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 [...]

Sibling Trouble While Handling Mom’s Estate

Family Disputes Over Estates Happen Too Often Feuding over the estate of a loved one is a surefire way to cause separation within a family. Even within my own family there have been many arguments concerning assets that belonged to my grandfather. Not having a will or an estate plan can leave things messy, and [...]

Not Having a Properly Drafted Will Comes at a High Cost

An electronic will was accepted as valid, but at what cost to the heirs? A Michigan man passes away and leaves behind, in lieu of a properly drafted will, a handwritten note that directs to a will that he wrote out on his cellphone. The man left his mother out of the will that he [...]