» Estate Planning

A donor advised fund (DAF) is a tax-advantaged, flexible, and convenient tool for charitable giving. They are easy to set up: Donors simply establish a DAF account with a sponsoring organization into which they deposit funds that will be disbursed ov… Read More

Everyone’s life is marked by various stages, and proper estate planning may mean different things at different ages. In general, estate planning needs differ based on one’s place in their individual life journey. When you are a college student wi… Read More

You took all the right steps. You set up your estate plan, made sure your final wishes were clear, and provided for your beneficiaries upon your passing. But what happens in Michigan when your beneficiary passes away before you and you don’t update… Read More

Many people have an estate plan on their to-do list, but what happens if you do not get around to it before you pass away? The answer is that your loved ones could face several problems that lead to wasted time, expense, and conflict amongst themselv… Read More

How does a trust avoid probate? It’s in the details. In my experience, the primary reason most people set up trusts is to avoid probate. So, how does that work? Does the mere fact of having signed a trust cut out the probate court? Not quite. I… Read More

No one wants to think about their parents passing away. However, having difficult conversations now about your parents’ estate plan (or lack thereof) can provide peace of mind for your parents and their loved ones for when that day comes. Many peop… Read More

As January comes to a close, it’s important to remember that reviewing and possibly updating your estate plan should still be among your new year’s resolutions. There may be several obvious reasons why you might need to update your estate pla… Read More

We’ve been posting, along with many others, about the new federal Corporate Transparency Act. (Read our overview here.) The Act requires most small and medium-sized companies (“Reporting Companies”) to disclose to the U.S. Treasury Department i… Read More