As a single parent, your plate is already full. You're juggling work, childcare, school activities, and maybe even a bit of "me time" (if you're lucky!). It's understandable that estate planning might not be at the top of your ...
Finding love later in life is a beautiful thing. But sometimes, the realities of life and past decisions can throw a wrench into the fairy tale. A common scenario I encounter as a Michigan estate lawyer involves couples where ...
In the hustle and bustle of our daily lives, it's easy to put off estate planning. But as a Michigan estate lawyer, I can't stress enough how crucial it is to have your affairs in order, especially when it ...
When we're talking about IUL, kind of think of it as a pie. And depending on how we structure it, it can provide different benefits, depending on what your goals are. Typically you can split it up into different things. ...
If we are looking at pulling money out of the IRA's where do we want to put it? Typically we have 2 main options, we look at doing Roth Conversions or we might do Cash Value Life Insurance, depending on ...
The Estate Tax is tied to the Gift Tax. It's Unified Credit. Understanding that the Estate Tax exemption is going away, the IRS has said that if we gift a portion now, and the Estate Tax exemption drops, this money ...
Both IRA and 401K are what's called Qualified Accounts. Qualified Accounts have no Medicaid/Long-term Care protection. If you were to need Nursing Home Care, anything inside your IRA or 401k would have to be spend down, whether it's in your ...
While the idea of a "prenup" is well-known, postnuptial agreements are often overlooked. These agreements, signed after marriage, can be a vital part of your Michigan estate plan. They provide clarity and protection, particularly as your life and circumstances ...
Many Americans unknowingly own mineral rights, or have the potential to inherit them. These rights encompass resources like oil, gas, precious metals, and more. Even if you don't live in a traditionally "mineral-rich" area, these rights can be passed ...
Starting the IVF process opens a world of excitement and hope for many couples. But amidst the anticipation, a sometimes uncomfortable reality emerges: what happens to the remaining embryos or genetic material if one or both parents die? A ...
