A philanthropist and lover of the Detroit Symphony Orchestra recently made one final gift upon her passing to the musicians she had enjoyed so much in her life. Marjorie S. Fisher, who had been known for her enthusiastic generosity and warm heart, di…
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When it comes to estate planning, it’s important for people — particularly parents — to understand that it’s more than just a one-time event, but rather a lifelong endeavor. That’s because whether they realize it or not,…
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As we discussed in a previous post, there are a multitude of reasons why people from all walks of life decide to undertake comprehensive estate planning, including the reduction of their estate tax burden, the assurance that their hard-earned assets…
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While the overarching objectives of estate planning are minimizing estate tax liability and ensuring assets are distributed according to a person’s exact wishes, there are other considerations that will undoubtedly factor into a person’s…
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If you’re made the executor of an estate, you may be concerned about how to move forward. Fortunately, there are some tips for how to be the best executor you can be. Your job is to handle the estate of someone who has passed away, and this nee…
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No one wants to think about dying and leaving his or her loved ones with a tax burden. Because of that, many people work out their estate taxes early on and include information on how to deal with those taxes after their death in their wills or other…
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One potential concern you might have while creating or amending your estate plan is whether somebody might challenge your will after you are gone. Nobody wants a messy probate fight for their family, but at the same time, the terms of your estate pla…
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A living will is not actually a will in the same way you’d think of one in the case of someone passing away. A typical will distributes property and sets up guardianship in some cases; it’s distributed after a person’s passing and t…
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As you may know, the signing legal documents such as trusts and wills are subject to very strict requirements, and for good reason. It is crucially important that no corners are cut when signatures are applied to estate planning documents, as forged…
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Anyone who is approaching their estate plan for the first time will be informed that a will is essential. It is one of the key building blocks for your estate plan. If you die without a will to your name, it means you will die “intestate.”…
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