Governor Whitmer signed Executive Order No. 2020-41 that allows remote signing and notarization of legal documents such as wills, trusts, powers of attorney and deeds in Michigan as of April 9th, 2020.One of the purposes is “Encouraging the use of electronic signatures and remote polarization, witnessing and visitation during the COVID19- pandemic“ With this new… Read more »
Planning your retirement can be done easily but we may overlook the risks behind it. When creating your own retirement and legacy blueprint, it is important to take into account strategies to protect you from these risks. In today’s episode, we dive deep into the three biggest risks in retirement with the options to protect… Read more »
The year-end is fast approaching. We did know it will be a crazy year because of the elections but we did not anticipate the year will go this way with the pandemic. In today’s episode, we will discuss the three big risks that we need to manage for retirement. It is important to have a… Read more »
There is an old paradigm of retirement where you defer tax payment as long as possible until you find out that you pay more in taxes with this approach. This may be resonating with you right now if you are in the higher tax bracket. A proper tax planning report can help to show you… Read more »
Protect Your Assets from Creditors and the Costs of Long-Term Care If you are going through a process with any of the 4D’s – Divorce, Disability, and Death, assets come into play. There is really no guarantee on any type of asset protection. When it ends up in court, you never know what is going… Read more »
Leverage and Protect that Legacy So you move into retirement and there is little know-how on what you should be doing correctly in terms of planning. The whole process becomes puzzle pieces that can be mismatched easily. We can choose to focus our attention on the things we can control and start from there. The… Read more »
Planning a Tax-Free Retirement is NOW If you are getting close to retirement or retired now, what are the moves that you should be doing to ensure that your retirement is as tax efficient as possible? If you think taxes are going up in the near future, you are in a situation where you need… Read more »
In today’s episode of Berry’s Bites. We explain the 3 Ways to Avoid Probate in Michigan with Michigan Elder Law Attorney, Christopher J. Berry, Esq., CELA Meet Roger, Roger is frustrated, because when his parents passed away they did not avoid probate. Now he is in probate court. Dealing with a judge. Dealing with the… Read more »
Are You Ready for the SECURE Act? The SECURE Act has changed key elements of retirement and estate planning, turning the whole industry on its head. Today’s show focuses on the strategies that can be used in the post SECURE Act world to ensure you have a tax efficient retirement. In this episode of The… Read more »
As people around the globe celebrated a new year and a new decade, U.S. lawmakers celebrated the passage of a new law. On January 1, 2020, the SECURE Act quietly slid into place after months of back and forth negotiations between legislators. As complex as it is long—1,773 pages to be exact—many people are wondering… Read more »
