In Michigan, many older adults underestimate the exorbitant costs associated with nursing homes and other long-term care facilities. Consequently, they often look to Medicaid for assistance with these expenses. However, this is a need-based program. If you have not yet considered your future care needs, please read this as we…
Read More

A common misconception regarding the creation of a Will is that they are exclusively beneficial for the elderly or the ultra-wealthy. This is inaccurate, as early estate planning offers advantages to all individuals irrespective of their age or financial standing. However, it's crucial to approach this process thoughtfully and avoid…
Read More

To ensure your hard-earned assets are distributed according to your wishes after your passing, creating a Will or a comprehensive estate plan is a responsible step. While it's common to assume named beneficiaries will outlive you, this isn't always true. Please continue reading to learn what happens when beneficiaries predecease…
Read More

Digital assets, particularly cryptocurrencies, bring both new challenges and opportunities to estate planning in Michigan. Unlike traditional assets, cryptocurrency exists digitally and requires specific measures to ensure its smooth transfer upon death or incapacitation. Please continue reading as we explore how you can incorporate cryptocurrency in your estate plan and…
Read More

While planning for the distribution of your assets after your passing, your primary goal is ensuring that your loved ones are well taken care of. However, the imposition of estate taxes can significantly diminish the inheritance your beneficiaries receive, potentially undermining your intentions. Therefore, it's crucial to understand the strategies…
Read More

The period following the death of a loved one is often challenging, and serving as the Executor of their estate can add significant complexity. A common question that arises is the mandatory timeline for informing beneficiaries about their inheritance. Please continue reading as we explore the required timeframe and the…
Read More

When undertaking estate planning in Michigan, selecting an Executor is a vital decision. This individual will bear significant responsibility in managing your affairs and ensuring your wishes are honored after your passing. Choosing a capable and trustworthy Executor is paramount to ensuring a smooth Probate process, minimizing potential disputes, and…
Read More

Upon the death of a loved one, a primary concern is identifying who will manage their affairs. A Will typically designates one or more Executors to assume this responsibility. Please continue reading as we explore the responsibilities of an Executor in Michigan and how a determined Washtenaw County Estate Planning…
Read More

Once you make a trust, you have to fund it with assets. Different methods are needed to transfer different assets into a trust though. If you’re at all confused by this process, a Washtenaw County trusts attorney can help you. After all, your trust won’t be too useful if you…
Read More

Estate planning requires careful consideration to ensure your wishes are followed upon your death. Please continue reading as we explore how owning property in multiple states is handled in an estate plan and how a knowledgeable Washtenaw County Estate Planning Attorney can help safeguard your interests.  How is Owning Property…
Read More