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Reason #48 You Need an Es…

Reason #48 You Need an Estate Plan

You Have a Will, But It’s Old It likely won’t surprise you to hear that many people already have an estate plan. You might even be one of those people. But how long ago did you make that plan? 5 years? 20 years? Yes, it’s true that an estate pl… Read More
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Bleak House Revisited

Bleak House Revisited

Bleak House is a novel written by Charles Dickens in 1852. Set in England, it’s the account of a family dispute that resulted when a deceased ancestor left multiple conflicting wills. The case (Jarndyce vs. Jarndyce) spanned generations of the fami… 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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Reason #32 You Need an Es…

Reason #32 You Need an Estate Plan

Your Mom Can’t Manage Money People often come into my office and promptly inform me that while they need a will and power of attorney, they do not need a trust. I always ask them to give me some time to go through their situation and explain ho… Read More
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Think You Know Who Your C…

Think You Know Who Your Charitable Beneficiaries Are?

I was recently asked by clients to review a trust that had been drafted by another attorney several years ago. The trust, like many others we see and draft here at Wright Beamer, left a gift to a Michigan-based nonprofit organization that had been es… Read More
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Let’s Get Real about Yo…

Let’s Get Real about Your Adult Children

I want to know if your adult children are productive citizens or drains on your bank account. Are they employed or underemployed? Are they shrewd investors or spendthrifts? Are all of your kids similar, or do their financial situations and personalit… Read More
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Breaking Down Barriers Wi…

Breaking Down Barriers With Special Needs Trusts

Individuals with disabilities who receive financial assistance from needs-based governmental programs such as Medicaid and Supplemental Security Income (SSI) must meet strict income and asset limit eligibility requirements in order to qualify for ben… Read More
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Michigan’s New Asset Pr…

Michigan’s New Asset Protection Trusts

Michigan is newly positioned to become a major player in the asset protection arena.  With the adoption of the Qualified Dispositions in Trusts Act (the “Act”) last month, Michigan joined 16 other states that permit the creation of domestic asse… Read More
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Do It For Your Kids

Do It For Your Kids

We understand that preparing an estate plan is not always the most urgent priority for young families. Buying your first home, sleepless nights with a newborn, coordinating everyone’s packed schedules while trying to maintain your family’s sanity… Read More
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Keeping Your Living Trust…

Keeping Your Living Trust Private

In an age when we seem to have less and less privacy, most of us are reluctant to needlessly surrender what privacy we do have. I was reminded of that a few days ago when a long-time client, who was selling a home titled in his living trust, called t… Read More
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