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No one wants to think about their parents passing away. However, having difficult conversations now about your parents’ estate plan (or lack thereof) can provide peace of mind for your parents and their loved ones for when that day comes. Many peop…
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You gave your spouse your heart, but did you know that you can also give them unlimited gifts during your life or after your death that are free of gift and estate tax? The “unlimited marital deduction” is an important tool for transferring subst…
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Why is estate planning vital for unmarried couples? You may think that you don’t need to worry about estate planning until after you are married, but estate planning for unmarried couples is just as important as it is for their married counterparts…
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A critical piece of proper estate planning is making sure you have power of attorney designations for both your financial and health care matters. These documents ensure that someone you name is in control of your financial affairs when needed and ha…
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A recent Michigan Court of Appeals decision has served as a reminder that when it comes to interpreting a trust, clear language regarding your intentions can go a long way in resolving potential disputes and making sure your wishes are fulfilled. In…
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