Asset protection has increasingly become the subject of discussion among asset management, financial planning, and estate planning professionals as well as debtor/creditor attorneys. With an effective date of March 8, 2017 Michigan has become just th…
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Creating a trust can be important for people who are putting together their estate plan. Trusts can help you avoid the probate process, while also securing your assets and property for your beneficiaries. But what are some of the things you need to k…
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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…
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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…
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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…
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