Blog

Revocable vs Irrevocable Trusts
We have previously gone over the difference between a will and a trust. Did you know there are two basic types of trusts? Revocable and irrevocable, let’s go over the differences between those. A revocable trust is created by yourself, the grantor and can be modified...

What is Probate in Michigan
Probate, by definition, is the legal process that happens after a person (the “decedent”) dies, regardless of whether the person died with a valid will or not. If the decedent dies with a will, their property is distributed according to the will. If a decedent dies...

Challenging A Will In Michigan
What do you do when you want to contest a will? There are two main things you need to be sure of before doing so, you must have a legal, valid reason, and you must have standing to contest the will aka be an interested party - a beneficiary of the will or a person who...

What Is A No-Contest Clause in Michigan?
To put it simply, a No-Contest Clause is a clause you can put in your will or trust that states anyone who tries to contest/challenge the documents will be disinherited or excluded from their benefits. Contesting a will or trust can create animosity and needless...

Protecting Your Elderly Parents’ Assets
There are a few things to consider when thinking about protecting your parent’s assets. Long term care costs, ill-intentioned family members, scams, debt, and outdated wills or trusts. The first thing you should do is have a conversation with your parents about this....

Avoiding Legal Mistakes In Estate Planning
I think by now, we have established that Estate Planning is extremely important but sometimes complicated and unique to each situation. You should always get a professional to help you. You might think you can plan for everything, but we are human, we forget...

Medicaid 5 Year Look Back in Michigan
Let’s start simple. What exactly is Michigan Medicaid? It is a health care program that provides medical and health-related assistance to low-income individuals and families. Typically with no health insurance or inadequate health insurance. It mostly serves the...

Michigan Ladybird Deed
Today let’s begin with a fun fact, instead of jumping right into definitions. The term “Ladybird” came from the lawyer who created this type of deed – he used the names of the Johnson family in example for showing how the deed worked, as the deed became popular, the...

Understanding Financial Power of Attorney in Michigan
A Financial POA is an arrangement you make, with someone you trust totally, to handle your finances if you aren’t available, become incapacitated or in the event of your passing. A non-durable POA will last until the principal (you) revokes it, dies or becomes...

Estate Plan Essentials: How to Protect Your Loved Ones
The first thing you should think about doing to start protecting your loved ones AND yourself in the event of your death, or should you become incapacitated – Draft a Will. This is a very important thing to have in place and more than half Americans do not have this....
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