» Estate Planning

The word “estate” usually conjures images of older, high-net-worth individuals with small dogs and grandiose homes. So, estate planning is only for people like that, right? In reality, estate planning is for every adult, regardless of age or net… Read More

I’m occasionally asked if an individual can create or update an estate plan if a doctor has opined that the individual can no longer make sound decisions or the individual has a court-appointed guardian or conservator. The short answer: It depends.… Read More

A recent Michigan Court of Appeals decision has served as a reminder that when it comes to interpreting a trust, clear language regarding your intentions can go a long way in resolving potential disputes and making sure your wishes are fulfilled. In… Read More

After Aretha Franklin’s death in 2018, two wills were found in her home. Both were handwritten by Franklin and neither was drafted by an attorney. A judge recently determined that a jury could decide whether the 2014 document that was found in a no… Read More

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

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

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

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