When Sarah left for college, her parents felt confident they were just a phone call away if anything went wrong. But when she ended up in the ER with a high fever, they got a shock: the hospital wouldn’t share any information or even confirm she wa…
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Getting married is one of life’s great milestones. It’s a time filled with excitement, meticulous planning, and unbridled optimism about the future. While your love for each other is what led to the decision to get married, taking some legal step…
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When thinking about Valentine’s Day, most couples put a lot of thought into romantic gestures like flowers, heart shaped boxes of chocolate, and candlelit dinners. One thing you might not have thought of is discussing your estate plan. In fact, cre…
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Have you ever wondered what happens when a family inherits property without a clear plan? Often, it leads to complications, especially when multiple family members become co-owners. To address these challenges, Governor Whitmer recently signed the Un…
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As the new year begins, many of us are reflecting on our goals and priorities. For some, this includes getting finances and personal affairs in order, making estate planning one of the most impactful New Year’s resolutions. Setting up a trust can h…
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Year end is a time when we take stock in so many ways. We take a final look at our charitable giving and begin to prepare for tax season. We plan, shop, decorate, and otherwise get ready for the holidays. We have the furnace inspected and hire a snow…
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The word “estate” might bring to mind images of older, high-net-worth individuals with small dogs and grandiose homes. So, estate planning is only for people like that, right? Estate planning is for every adult, regardless of age or net worth. Du…
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All parents want to make sure their young children are taken care of if the unthinkable happens. In addition to ensuring that their estate is used to take care of their children, parents will also need to include in their estate plan the nomination o…
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How will pending tax law changes impact your estate plan? The 2017 Tax Cuts and Jobs Act (TCJA) doubled the lifetime estate and gift tax exemptions at the time, with continued increases after 2018. Currently, in 2024, the exemptions stand at $13.61 m…
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No one wants their loved ones to argue after they are gone. Meeting with your family now to discuss your estate plan and the reasons behind it can help prevent conflicts and tension in the future. As you go through the estate planning process and fin…
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