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 [...]

Aretha Franklin: What Her Wills Show Us

News broke earlier this week that the late Queen of Soul, Aretha Franklin, had wills written out that were found between her couch cushions. What these wills represent are something called holographic wills. A holographic will is a will, but it ignores some of the formalities that go into putting together a will. Such formalities [...]

2019-05-22T10:31:39-05:00Wednesday, May 22, 2019|estate plan, Estate Planning, Probate, Will|0 Comments

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 [...]

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 [...]

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 [...]

Are You Keeping Your New Year’s Resolutions?

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 [...]

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 [...]