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 [...]

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 [...]

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 [...]

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, [...]

Estate Battles – They Can Happen to Anyone!

Celebrity deaths can often trigger public estate battles George Michael’s will is being contested in England by two of his former partners, Kenny Goss, who he was with for 15 years, and Fadi Fawaz his partner of 5 years. George died back in December 2016, unfortunately. It is not uncommon for it to take years [...]

Married and Living Separately… What’s the Big Deal?

Well it’s not a big deal if you have a will. In Saginaw, Michigan a case arose that will define an aspect of estate law. The case has made it to the Michigan Supreme Court; arguments were heard last month on the matter. James Erwin Sr. and his wife, Maggie Erwin, were married in 1968 [...]

Trump’s New Estate Tax Bill: What You Need to Know

Unless you have millions of dollars as either an individual (more than $5,500,000) or as a couple (more than $11 million), you may become nauseated at the very thought of a discussion on estate tax. After all, the federal estate tax is only felt by about 1 in 500 American families. However, you should really [...]

JEOPARDY

A "Jeopardy!" contestant who passed away a week before her string of taped appearances on the show aired this week won her third consecutive game in an episode that aired Thursday night. Cindy Stowell buzzed in swiftly, blurted out answers in the form of questions, and soundly vanquished her opponents. Her latest victory was a [...]