Estate Planning Archives – Page 6 of 12

Planning for Crypto

June 8th, 2021

Cryptocurrencies (like Bitcoin) are continuing to become more mainstream as their volatility has made headlines during this past pandemic year. As more people add cryptocurrency to their investment portfolio, it becomes increasingly important for est… Read More

A Man Named Brady

April 20th, 2021

These days, families come in all shapes and sizes. Blended families are even more common now than ever. And without proper planning, it can be easier than you think to unintentionally disinherit your children. We all know the story about Mike and Car… Read More

Protecting Your Pets with Estate Planning

April 13th, 2021

This is Fred. He is a very good boy who loves walks, cuddles, and bacon. Being a responsible pet owner not only requires giving Fred lots of love (and snacks), but also ensuring that someone will step in if I am no longer able to care for him. Your e… Read More

Prove It!

March 16th, 2021

Earlier this month, the Michigan Court of Appeals clarified the standard of proof that must be met in determining whether a conservator has breached the fiduciary duty he or she owes to the individual whose assets are being managed under the conserva… Read More

A Lesson Learned

February 2nd, 2021

A friend of mine gave me permission to share her story in the hope that it would be helpful to others. Her brother, a single man, was recently found dead in his Florida apartment. Sadly, no one in his family knows where he banked. They do not know hi… Read More

It May Be Time for a Checkup

September 29th, 2020

There’s a lot of buzz lately about federal estate tax. Currently, we can each pass down $11,580,000 to the next generation free of estate tax. This tax exemption increases annually with inflation, but it will be cut by more than half at the end of… Read More

Remarry, Re-Plan

September 15th, 2020

While we read reports that the divorce rate has declined over the past couple of decades, it has actually doubled for couples over age 50. A few things to keep in mind regarding your estate plan upon a remarriage: Protecting both your new spouse and… Read More

Getting It Done

August 18th, 2020

Covid-19 has us all on edge. One way that I see this anxiety play out is in the increased number of calls we’re receiving from people interested in implementing or updating estate planning documents like wills, trusts and powers of attorney. One fr… Read More

A Gift That Truly Keeps on Giving

July 7th, 2020

I often meet with estate planning clients who want to help their children, grandchildren, or other young ones out financially. It’s usually through gifts for education or health-related needs, or perhaps with money to buy a home or car. No client h… Read More

Thinking Outside the Box

June 2nd, 2020

Covid-19 is causing anxiety on just about every level. One way I see it playing out is in people preparing their own estate plan documents because they fear the worst should they catch the virus, but they think the “stay home, stay safe” orders p… Read More