Man logging in to various online accounts (digital assets) on laptop

A Digital Life

Most of our financial information, social interactions, and family sentiments are in some form of digital storage. These are commonly called “digital assets.” More and more of our lives are no longer in tangible form. What happens to all this inf… Read More
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Digital wallet on computer screen for managing digital assets

Cryptocurrency and NFTs in Your Estate Plan

Five years ago, cryptocurrency was probably not on your radar. Today, it may be an important investment in your portfolio. You could even own some nonfungible tokens (NFTs), which are powered by the same blockchain-based technology. Despite the dizzy… Read More
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Hands of different generations in family holding family cottage

In the Family

A family cottage can be a gathering place that brings loved ones together generations to come. Unfortunately, without a proper succession plan, disputes over ownership and operation can lead to litigation among the family. Consider the example of a c… Read More
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Do Not Just 'Set It and F…

Do Not Just 'Set It and Forget It'

Estate planning is not usually a one-and-done deal. The estate plan you sign today may fit beautifully now, but over time changes in the law or in your circumstances could render your plan obsolete. Here are some recent examples to illustrate my poin… Read More
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A Changing (Tax) Landscap…

A Changing (Tax) Landscape

The IRS has issued inflation adjustments for certain sections of the Internal Revenue Code. Of interest to our estate planning clients, the federal estate exemption amount for decedents who die in 2022 has been increased to $12.06 million per individ… Read More
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Which Type of Trust Is Ri…

Which Type of Trust Is Right for Your Estate Plan?

When done right, an estate plan can help make certain that a person’s assets will be easily passed on to the correct people after death. Not planning properly may cause family conflict, higher tax burdens, and the excessive time and costs of pr… Read More
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Estate Planning Awareness…

Estate Planning Awareness Week

Estate planning is often an overlooked piece of overall financial well-being. It’s a difficult topic to consider, and the conversations around it are not always easy. And without any real due date, it’s often the first “to-do” list item that… Read More
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A Timely Reminder

A Timely Reminder

While many of you may be in the midst of sending your children off to college at this time of year, the fact is, whether your child is going to college or not, once they turn 18, they become adults in the eyes of the law and you risk being shut out u… Read More
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The Complications of Cons…

The Complications of Conservatorships

During last month’s hearing, Britney Spears gave an emotional plea to the California Superior Court to finally end her 13-year conservatorship. In recent time, the #FreeBritney conversation has brought light to the issue of conservatorships, and ho… Read More
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Avoiding Roadblocks

Avoiding Roadblocks

It has long been possible in Michigan to transfer a decedent’s vehicles to their closest kin without probate – as long as all the decedent’s vehicles aren’t worth more than $60,000, and the estate is not being probated. The forms to transfer… Read More
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