New Year, New Plan

New Year, New Plan

As January comes to a close, it’s important to remember that reviewing and possibly updating your estate plan should still be among your new year’s resolutions. There may be several obvious reasons why you might need to update your estate pla… Read More
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Employee Mental Health: P…

Employee Mental Health: Part II

Last month, we addressed strategies for promoting employee mental health. (Get caught up on Part I here.) In this edition, we examine the possibility of amorphous mental health concerns being used to abuse workplace policies. Savvy employers know to… Read More
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A Broad Reach

A Broad Reach

We’ve been posting, along with many others, about the new federal Corporate Transparency Act. (Read our overview here.) The Act requires most small and medium-sized companies (“Reporting Companies”) to disclose to the U.S. Treasury Department i… Read More
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Unlimited Love, Unlimited…

Unlimited Love, Unlimited Transfer

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… Read More
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New Year, New Wage

New Year, New Wage

Starting January 1, 2024, the minimum wage increased in Michigan. Depending on an anticipated ruling by the Michigan Supreme Court, it could increase again this same year. We lay out the new rates below, but first a brief recap of how we got here and… Read More
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Man logging in to various online accounts (digital assets) on laptop

A Digital Life

How do you plan for digital assets? Most of our financial information, social interactions, and family sentiments are in some form of digital storage. These are commonly called “digital assets.” More and more of our lives are no longer in tangibl… Read More
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Employee Mental Health: P…

Employee Mental Health: Part I

Employee mental health has become an increasingly hot topic. Organizations are sometimes concerned about mental health problems being used by employees as a basis for seeking leave or avoiding certain responsibilities. (In Part II, we will examine op… Read More
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The Balance of Power

The Balance of Power

If you have done your estate planning, you have almost certainly signed a general power attorney. In that document, you (the “principal”) gave another person (your “agent“) authority to act on your behalf in all matters not related to health… Read More
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Love and the Law

Love and the Law

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… Read More
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Transparent Time

Transparent Time

The federal Corporate Transparency Act was passed in 2021 but takes effect this coming year. With the goal of tracking and limiting illegal money flowing through the American economy, the Act imposes reporting requirements on most existing and new sm… Read More
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