Michigan Estate Planning & Elder Law Attorneys
Approximately 50% of all Americans who reside in nursing homes receive assistance from Medicaid to pay for their care. This is not surprising, given the extraordinarily high cost of long-term care. The real surprise is that half of all Americans don’t see
We would like to add one more item to your list of New Year’s resolutions—reviewing your estate plan. Why is it so important to keep your plan up to date? In a word, change. As you grow older, your needs inevitably change. So, too, does your health, yo
Medicare enrollment is now open until December 7th. If you need to enroll or change your coverages, now is the time to do it. What is Medicare? Medicare is a government provided health insurance program for: People 65 and older Some young peo
Incapacity is defined, from a legal standpoint, as the inability to make sound decisions regarding one’s personal or financial affairs. Failing to plan for the possibility of incapacity in advance can create significant problems for seniors and their love
When your children turn 18 they are legal adults. They might not act like adults all the time, and you may still be supporting them financially, but in the eyes of the law they are indeed adults. This means that you can no longer make certain decisions fo
A pour-over will is a type of last will and testament typically used in trust-based estate planning. Unlike a traditional will, which directs how your property will be distributed to beneficiaries, a pour-over will states that assets not funded into your
If you pass away with no plan in place, your loved ones will face a lot of confusion and possible uncertainty. Knowing how to deal with uncertainty in the estate planning process is an important and yet difficult aspect of preparing for your own futur
If you pass away without a will, Michigan's laws determine who receives your property based on established guidelines for intestate succession. Remember that many valuable assets that could be owned by you when you pass away do not necessarily pass throug
Are you creating a trust in Michigan for managing your assets? If so, you need to spend some careful time thinking about the role of trustee. For any trustee who is installed in this important role, it is important that they be familiar with the trust
As a young couple, it's easy to overlook the benefits of estate planning. After all, you might not assume that you need it, and without any minor children to take care of you may assume that you're better off ignoring this process until it becomes necessa
