» LeClair L. Flaherty

Efficiency, Transparency…

Efficiency, Transparency and Protection

You may have noticed that the IRS has been pushing us more and more toward electronic filings, as opposed to paper.  Up until now, most nonprofits have escaped that push.  That exemption from electronic filing requirements vanished this summer, how… Read More
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"Leave, or I'll Shoot"

Michigan courts have authored several landmark decisions having national significance.  One of the most famous is Pond v. People, which clarified the principle of self-defense and the defense of others. In 1859, Augustus Pond and his family spent th… Read More
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Protecting Your Good Name

Protecting Your Good Name

If you are in business, there are plenty of good reasons to set up a corporation or a limited liability company.  High on that list is the ability to prevent a competitor from stealing your business name.  So long as your corporation or limited lia… Read More
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Real Property Pitfalls

Real Property Pitfalls

I’m constantly amazed at the number of ways that people can mess up real estate transactions.  Just this past week, two particularly striking examples crossed my desk. The first was an easement agreement prepared by one attorney and reviewed by a… Read More
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The Scams Just Keep on Co…

The Scams Just Keep on Coming

Scams can be big and bold, small and pesky, or anything in between. Here are a couple that probably qualify as small and pesky, yet are of interest because they target us here in Michigan: The Principal Residence Exemption (PRE), which gives Michiga… Read More
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Feeling Generous? Gift Aw…

Feeling Generous? Gift Away!

We can each gift unlimited wealth to our spouses without having to pay gift tax.  In addition, we can each make lifetime gifts totaling $11,400,000 to people other than our spouses before gift tax kicks in.  This number is indexed for inflation, so… Read More
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Do-It-Yourself Lawyering

Do-It-Yourself Lawyering

Occasionally, clients will bring us legal documents that they created using an online service. It happened again a couple of weeks ago when long-time clients of mine came in for a trust review. I learned when we met that they had used a popular onlin… Read More
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Claim Denied!

Claim Denied!

I always impress upon estate planning clients the importance of updating their homeowners’ insurance after conveying real estate to a trust, even if the transfer is via a “ladybird deed” that doesn’t take effect until the client is deceased.… Read More
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Where There’s a “Will…

Where There’s a “Will,” There’s a Way

In Michigan, any document that says who gets what after one’s death and that meets specific requirements constitutes a valid will.  There are exceptions to this general rule, however, allowing certain less formal documents to also qualify as wills… Read More
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The Name Game

The Name Game

Most people know that if they marry or divorce and begin using a different last name, they must obtain a new Social Security card. What seems to be less-widely known is that a new Social Security card must also be obtained for each dependent child wh… Read More
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