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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…
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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…
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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…
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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…
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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…
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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…
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In order to further slow the spread of COVID-19, Governor Whitmer has replaced her initial “Stay Home, Stay Safe” order. The new executive order, which is effective through April 30, maintains the limitations of the previous order, makes a few cl…
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Ray Randolph is a well-known and highly respected Southeast Michigan businessman. His is a face I look forward to seeing at every Greater Farmington Area Chamber of Commerce event I attend. His affable spirit and booming voice lift me up every time.…
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There is a retirement savings crisis looming in America. Not only are we living longer, but according to Northwestern Mutual, a third of those approaching retirement age have less than $25,000 socked away in a retirement plan. Further, the U.S. Burea…
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Have you ever searched your name or the name of a loved one on the Michigan Unclaimed Property webpage? We always do a name search when a family retains our firm after a loved one has died, and I even search my own name every few years. The Unclaimed…
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