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Protecting Your Elderly Parents’ Assets

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 Long term care costs, ill-intentioned family members, scams, debt, and outdated wills or trusts.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

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

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

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

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

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....

Benefits of Having a Power of Attorney

Benefits of Having a Power of Attorney

Recently we have discussed differences between wills and trusts and how to protect your loved ones. Now let us discuss the person (agent) that you appoint with a Power of Attorney. This person will act on your behalf should you become disabled or incapacitated. Just...

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Signature Legal Office

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Warren MI, 48092

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