Choosing a Guardian and Conservator for Your Minor Children

For parents of minor children, there is perhaps no more important decision in estate planning than deciding who will care for your children if both you and your spouse were to die or become incapacitated. In making your selections, there is an important distinction to consider: you can (and often should) differentiate between naming someone who will care for your children and naming someone who will be responsible for your children’s money. Read More

Selecting Your Fiduciary

When formulating estate plans, most people carefully consider to whom they should give their “stuff.” Who gets the piano? The book collection? The emerald ring and the antique pocket watch? But the process of choosing fiduciaries – the trustees, personal representatives, and agents – is handled as if bestowing an award upon them rather than interviewing them for a job. 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