by Karen Stewart | Apr 7, 2017 | Estate Planning
We are now able to offer our clients in Michigan a new document which the estate planning community has been seeking for years. Thirty-nine other states have already adopted similar laws and now, effective June 27, 2016, we have the “Funeral Representative Designation...
by Karen Stewart | Mar 24, 2017 | Estate Planning
The self-trusteed living trust is a popular variation of living trust. You serve as the trustee of your trust while you are alive and competent and name a successor trustee to act in the event of your death or incapacity. Assets previously held in your sole name are...
by Karen Stewart | Mar 10, 2017 | Estate Planning
There are literally tens of billions of dollars of assets that owners have forgotten about that have been turned over to the government. These include things such as bank accounts, payroll checks, dividends and contents from safe deposit boxes. For example, when a...
by Karen Stewart | Mar 3, 2017 | Estate Planning
Until very recently, Michigan had the distinction of being the only state in the union to recognize dower rights in a wife, but not reciprocal rights in her husband. On January 6, 2017, Governor Snyder signed into law SB 558 and SB 560 abolishing these rights. These...
by Karen Stewart | Jan 27, 2017 | Estate Planning
A good estate plan provides for both what happens after your death and during a period of incapacity or disability. You do not need to be wealthy to have an estate plan. In fact, just about everyone could benefit from an estate plan. Some of the questions you may ask...
by Karen Stewart | Jan 13, 2017 | Estate Planning
When you retire, you may consider moving to another state — say, for the weather or to be closer to loved ones. State taxes also may factor into the equation. Identify and Quantify All Applicable Taxes It may seem like a no-brainer to simply move to a state that has...
