Do I have to share my trust fund in a divorce? p2

On its FamilyFacts.org website, the conservative Heritage Foundation has collected some interesting statistics about inheritance and divorce that we thought fit nicely with our discussion of property division in divorce. Research has shown, for examp…
Categories: Estate Planning
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Do I have to share my trust fund in a divorce?

When you write a will or establish a trust, your goal is to make sure your property is distributed according to your wishes after your death. You want to avoid conflict, and you want to maximize the value passed on. It’s that basic. Or is it? Y…
Categories: Trusts
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Real Property Legislative Update: Act 39, Public Acts of 2015

Real Property Legislative Update: Act 39, Public Acts of 2015 was approved by the Governor on June 1, 2015 for immediate effect. This Act requires County Treasurers to furnish copies of their records for a fixed fee. An important change caused by thi…
Categories: Estate Tax
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Your Home Loan Toolkit

How can this toolkit help you?Buying a home is exciting and, let’s face it, complicated. This booklet is a toolkit that can help you make better choices along your path to owning a home. Read More
Categories: Estate Planning
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It's campaign season: Donald's plan would trump the estate tax

Political season is in full swing with the next presidential election only a year away. With every political season, candidates are talking about taxes. What is their plan? Should the federal government increase or cut taxes? Should lawmakers work to…
Categories: Estate Tax
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Know what's in your estate plan, talk to an attorney

When we’re younger, we can’t wait to get older; but when we’re older, we wish we were young again. For many, this sentiment stems from the fact that as we age, our health typically begins to fail, causing a plethora of problems many wou…
Categories: Estate Planning
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A special needs trust offers peace of mind for parents, loved ones p2

We are discussing special needs trusts and how such a trust can help to support a family member with a disability. Parents of a child with an intellectual or physical disability, for example, may wonder how to ensure the child’s needs will be m…
Categories: Trusts
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A special needs trust offers peace of mind for parents, loved ones

A friend of ours recently related a story about her mother and her grandmother. After her grandfather died, her grandmother moved in with her parents. Her mother went out to play cards with friends one night and came home to find her mother standing…
Categories: Trusts
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Crime doesn't pay in probate court, either

The movie “Double Indemnity” and its modern remake “Body Heat” may seem a little farfetched to happen in real life. Both stories are about a woman and her lover’s plot to kill her husband — money is the motive R…
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Same-sex marriage makes spouses out of legal strangers

Estate planning will be a little less complicated for Michigan’s same-sex married couples in the wake of the U.S. Supreme Court’s decision in Obergefell v. Hodges. The state abolished the estate tax years ago, so nothing will change there…
Categories: Estate Planning
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