» Trusts

The Hazards of DIY

The Hazards of DIY

Do-it-yourself estate planning is the gift that keeps on giving. To attorneys, that is. A married client recently came in to see me. He had used one of the online document preparation services to create a revocable living trust for himself. When I re… Read More
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A Man Named Brady

A Man Named Brady

These days, families come in all shapes and sizes. Blended families are even more common now than ever. And without proper planning, it can be easier than you think to unintentionally disinherit your children. We all know the story about Mike and Car… Read More
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Prove It!

Prove It!

Earlier this month, the Michigan Court of Appeals clarified the standard of proof that must be met in determining whether a conservator has breached the fiduciary duty he or she owes to the individual whose assets are being managed under the conserva… Read More
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A Lesson Learned

A Lesson Learned

A friend of mine gave me permission to share her story in the hope that it would be helpful to others. Her brother, a single man, was recently found dead in his Florida apartment. Sadly, no one in his family knows where he banked. They do not know hi… Read More
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The Little Things in Life

The Little Things in Life

When planning the distribution of your estate, smaller, tangible personal property items can cause more difficulty than larger, even more valuable assets. Sentimental items can lead to family disputes and possibly litigation, which might rack up lega… Read More
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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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