Season Tickets and Your Estate Plan

There is probably nothing a serious sports fan would cherish or pay more for than season tickets for their favorite team. If you are one of the favored few that are long-standing season ticket holders, or are considering purchasing season tickets, you may want to consider options today that can affect how they are handled in the case of your death. Read More

Will Your Estate Be Required to Pay Your Student Loans?

With the cost of higher education increasing well beyond the rate of inflation every year, it is no surprise that most adults have student loan debt. Whether it is your own debt, or debt that you incurred when you co-signed a student loan for your child, it is estimated that at least one in three adults over age forty are paying on student loans. Read More

The Default Estate Plan for Your Online Accounts

Whether you have an estate plan or not, you are most likely familiar with the idea of creating a list to state to whom you would like certain belongings to go to in the event of your death. These lists are important because they ensure that your wishes are made known and carried out. Read More

Options for Giving to Minors

If you are considering making a gift to a minor, you have options. Typically, a gift to a minor will be done in trust, which allows you to maintain maximum control over the funds, or through a custodial account under the Uniform Gift to Minors Act (UGMA) or Uniform Transfer to Minors Act (UTMA), which is more strictly regulated by state laws. Read More

Retirement Beneficiary Designations – Common Mistakes

When is the last time you checked your beneficiary designation forms for your IRA or employer sponsored retirement plan? Even if you think your forms are all set, who you have listed – or not – may surprise you. Some of the most common estate planning pitfalls lay in beneficiary designation forms, which trump the terms of a will. Read More

Qualifying for Medicaid

Have you considered how you or an aging loved one will pay for the ever increasing future costs of healthcare? While the question may be worrisome, it doesn’t have to be – multiple strategies can be combined to devise a plan that makes sense for your individual needs in light of all of the Medicaid rules. Read More

Protecting Decedents from Identity Theft

The loss of a loved one brings an overwhelming time of grief and stress. In addition to taking the time to grieve, family members have much to do in the days and weeks following the death of a loved one in order to wrap up the deceased’s affairs. Read More

The Basics of Estate Planning for Intellectual Property

If you are an inventor, architect, artist, author, or business owner, you may have already thought about planning for your intangible intellectual property within your estate. But, many individuals have this type of property and don’t realize it, or the extent of it. Read More

A Checklist for Your Technological Estate Plan

As our lives become increasingly entwined with technology, it is important to account for digital assets within your estate plan. Failure to account for these types of assets can result in your wishes not being carried out, your assets hanging in cyberspace indefinitely, and even your digital assets ending up in probate court. Read More

The Basics of Serving as a Trustee

Serving as the trustee to a trust is a responsibility that comes with many obligations and duties. The following provides those factors that are taken into consideration in Michigan in determining whether a trustee is fulfilling his or her duties, whether you are: Read More