Cottage Succession Planning 4.0

A generation ago, planning for the retention and management of the family cottage (or cabin or camp) through multiple generations took the form of a trust that would continue to own the property and that laid out rules for its ongoing use and mainten… Read More
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Designation of Funeral Re…

Designation of Funeral Representatives: A New Estate Planning Tool

Effective June 27, 2016, individuals in Michigan may designate “funeral representatives” to make funeral, burial, and related decisions for them after death, or to carry out decisions made by them prior to death. This is welcome news for those wh… Read More
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School Days Are Near Agai…

School Days Are Near Again

A timely reminder from Wright Beamer… As surely as the warm weather brings vacations, barbecues and fireworks, it also brings inquiries from parents preparing to send their children off to college in the fall. Most commonly, our clients call about… Read More
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Caring for Elderly Parent…

Caring for Elderly Parents: Are You Ready?

A recent telephone call from my client went something like this: Julie, my mom kicked me out of her house again. She was screaming at me for over an hour, she was calling me names, and threatening to “kick my *&$.” She is not taking her medic… Read More
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How’s that New Year’s…

How’s that New Year’s Resolution Going?

You’ll recall my confession earlier this year that my husband and I do not have a proper estate plan in place. (Admitting this still makes me cringe.) It’s now July, well past 2015’s half-way point, so where are we in our progress? Here is a pi… Read More
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Powers of Attorney:An Imp…

Powers of Attorney:An Important Addition to Your Pre-College Checklist

As surely as the warm weather brings vacations, barbecues and fireworks, it also brings inquiries from parents preparing to send their children off to college in the fall. Most commonly, our clients call about getting general and health care powers o… Read More
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Maximizing Your Federal G…

Maximizing Your Federal Gift Tax Exemption

Although we don’t prepare income tax returns in our office, I am frequently asked about the tax consequences of various types of gifts. The general rule is that all gifts are taxable unless they fit into an exception. Fortunately, the exceptions ar… Read More
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Do It For Your Kids

Do It For Your Kids

We understand that preparing an estate plan is not always the most urgent priority for young families. Buying your first home, sleepless nights with a newborn, coordinating everyone’s packed schedules while trying to maintain your family’s sanity… Read More
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Keeping Your Living Trust…

Keeping Your Living Trust Private

In an age when we seem to have less and less privacy, most of us are reluctant to needlessly surrender what privacy we do have. I was reminded of that a few days ago when a long-time client, who was selling a home titled in his living trust, called t… Read More
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A 2015 Resolution: Who’…

A 2015 Resolution: Who’s With Me?

As many of you may know, my husband, Joe, and I welcomed our second child, Cole Elizabeth, four months ago. (Our son, Callum, is now two and a half.) I look back on the two and a half years of being a parent, and am amazed by all of the planning, reo… Read More
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