When someone dies without a will, their estate may be subject to Michigan’s “intestate succession” laws – which leaves the major decisions up to probate court.
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An estate plan is dynamic and can be customized for blended families who have children from multiple relationships. But there are also potential pitfalls.
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Interested in adding estate planning to your list of New Year’s resolutions? Use this roundup of popular blog resources to get started.
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Michigan’s power of attorney laws changed recently, helping to standardize the process and introduce new protections.
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With long term care costs continuing to rise, it may seem to be out of reach for anyone but the wealthy. However, Medicaid may be an option for some.
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Estate planning doesn’t have to be expensive. With a personalized plan, you can find the sweet spot, covering your needs while working within your budget.
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A marital trust can provide peace of mind for you and your spouse, and potential tax advantages. However, there are several considerations.
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Advance directives allow you to express your future healthcare wishes – in case you can’t speak for yourself. Learn about the common types and how to set one up.
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A life insurance trust can provide an extra layer of control and protection in managing your policy's benefits, and it may offer tax advantages.
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Considering a will, trust or other type of estate plan? This can help with peace of mind – but avoid these common estate planning mistakes.
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An IRA trust offers more control over distributing retirement funds to your heirs and may be a good option in certain cases, but there are pitfalls.
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Caregiver burnout isn’t good for you – or your loved one. Recognize the signs, find balance again and learn how estate planning can help.
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No one wants to go through probate court, which is often a long and complex process. But when there are probate issues, it can make things much worse.
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A charitable trust is a strategic estate planning tool that also allows you to support causes. Learn about the types and key aspects to consider.
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A will is an important estate planning document. To be more prepared and get the most out of yours, it helps to understand the common parts.
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After working with Buzz Suuppi to set up a comprehensive estate plan, including two fully funded trusts, Jim and Karolyn now have greater peace of mind.
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A special needs trust can help provide peace of mind for you and your disabled loved one. But there are potential pitfalls in the setup and administration.
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Emotional and mental well-being are a key part of effective elder care. Follow these 7 steps to help ensure the highest quality of life for your loved one.
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Long term care can be complex, and expensive. Learn about the various trends affecting cost and delivery, and how to better prepare for your own needs.
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A lady bird deed is used to transfer your home to a beneficiary during your lifetime. It can offer several potential advantages with control, cost and taxes.
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