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Do you hear a soft exhale on the summer breeze? Home sellers statewide are breathing a collective sigh of relief. Just last week, the Michigan Supreme Court overturned a 2021 Court of Appeals decision that made home sellers liable for a building code…
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Long ago, I heard folk musician Ralston Bowles sing a hilarious song about people yakking on their cell phones while driving. The punchline of the chorus was “shut up and drive.” Mr. Bowles’ satirical tirade, as you would expect, did not affect…
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Michigan homeowners can claim an exemption on the property taxes levied against their primary residence. The size of the exemption is not insignificant. If the “taxable value” on your notice of assessment is $150,000, for example, the “principa…
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I heard yesterday from a client who discovered that uncashed checks made payable to her deceased father were turned over to the state of Michigan as having been abandoned. In order to claim the funds, she must reopen dad’s probate estate and get ne…
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Sweeping retirement plan changes, intended to encourage retirement savings, were signed into law at the end of 2022. These changes are found in the SECURE 2.0 Act, a comprehensive piece of legislation rolled into the larger Consolidated Appropriation…
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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…
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“Crowdfunding” is a popular fundraising mechanism that uses websites to solicit contributions from the general public. Individuals organize crowdfunding campaigns to benefit charities or other people, and even to benefit themselves — typica…
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Retaining a principal residence exemption (“PRE”) can sometimes be tricky. (The PRE exempts a homeowner’s principal residence from property taxes levied for school operating expenses.) Naturally, the tax assessor wants to collect every tax doll…
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Yesterday, we took time as a nation to honor the valor and sacrifice of the men and women of the armed forces who lost their lives defending the freedoms we are blessed to enjoy. We at Wright Beamer hope you had a chance this past weekend to celebrat…
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Have you ever recorded a conversation or shared a conversation that you’ve recorded? If the answer is “yes,” there’s a chance you may have committed a crime! In Michigan, it’s a felony to use a device to record or transm…
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