» LeClair L. Flaherty

Beware of the Promises Yo…

Beware of the Promises You Make

Some time ago, a client of mine signed an agreement to sell real estate that he co-owned with his wife. Unfortunately, he failed to consult with her beforehand. When she refused to go along with the sale, my client tried to get out of the deal by arg… 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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The Hazards of DIY

The Hazards of DIY

Do-it-yourself estate planning is the gift that keeps on giving. To attorneys, that is. A married client recently came in to see me. He had used one of the online document preparation services to create a revocable living trust for himself. When I re… Read More
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Jumping Through Hoops

Jumping Through Hoops

One of the beauties of setting up a corporation is the protection you get from personal liability for company debts. One of the headaches that flows from setting up that same corporation is the extra paperwork required to properly maintain it – and… Read More
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Prove It!

Prove It!

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
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A Lesson Learned

A Lesson Learned

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
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Holiday Reflections

Holiday Reflections

The winter holiday season is important to so many of us for its wealth of traditions and meanings, and for its warm memories. When I was little, Christmas day was wondrous. There were lots of wrapped presents deposited under our tree before Christmas… Read More
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'Tis the Season

'Tis the Season

Many nonprofits depend on year-end giving to survive, and this year those donations will be more important than ever as many fund-raising events have been either cancelled or are taking place virtually, often with reduced success. If you are in a pos… Read More
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It May Be Time for a Chec…

It May Be Time for a Checkup

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
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Getting It Done

Getting It Done

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
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