Estate Planning Tips to Protect Your Legacy
As of right now, 10.2 million American have tested positive for COVID-19, a virus that has also taken the lives of over 200,000 U.S. citizens. When we discussed COVID-19 and estate planning before today, no one knew how important it would still be to explain, in clear and concise detail, why planning your estate — by putting a will, trust, or other documentation in place before your demise — is more important now than ever before in our lifetime.… Read more
When it comes to medical powers of attorney, most people would rather think about something else…anything else. The thought of a loved one not being physically or mentally able to make health-wise decisions is enough to leave anyone overwhelmed. However, we should let this year be a lesson: always have a plan!… Read more
Most of us have never been faced with a major pandemic such as COVID-19. It may prompt some of us to think about the kind of life we want to leave for our families, while choosing the best strategies for staying safe from the virus, working from home, and doing all we can to adjust to a new normal.… Read more
By now many have read some recent news about Taylor Simone Ledward, wife of Chadwick Boseman, the Black Panther star who suddenly passed away in August due to terminal cancer. According to reports, Ledward filed to become the administer of the Boseman estate, which includes property that is currently listed as “personal property” potentially totaling over $900,000.… Read more
The question in the title of this article is a bit presumptive. Considering whether probate is even required in the first place is perhaps a better starting point. Probate refers to the administration of the estate of a decedent (deceased person) by a personal representative (PR) under the jurisdiction of one of Michigan’s county probate courts.… Read more
Firstly, if you are reading this article and seeking information because you have recently lost someone, please allow us to say that we recognize your pain, and understand your desire to honor your dearly departed by ensuring that their estate is maintained and distributed in a way that is fair, orderly and legal.… Read more
When a loved one passes, members of their family often ask the question above in a bid to figure out how to give them the most befitting and dignified funeral.
One simple answer to the question is that funeral expenses may be paid for with estate assets.… Read more
Many people aren’t really in the market for a new car, a new home, or a swanky getaway to Greece right now. However, when the interest is strong enough, we often turn what we want into a reality. Even when the times do not seem like they’re on our side, we consider our options and we tend to make things we want happen.… Read more
When most people think about life insurance, they usually think about the money needed to cover their funeral expenses. While it is important to have coverage for your final expenses, life insurance can do so much more. With the proper life insurance policy, you can help secure your family’s financial future.… Read more
It might not be immediately clear to many young people why they need to plan their estates, but they should.
It does not take a sociology PhD to realize that younger generations are leading considerably different lives from those of their forebears.… Read more
