As the Baby Boomer generation ages, the cohort is finding itself in a brand new position. Boomers are reaching retirement age but not retirement mindset. Whether because of financial necessity, an energetic spirit, a simple desire to keep working, or something else, people are continuing to remain in the workforce for years beyond typical retirement age…. Read More »
Posts Categorized: Estate Planning
Rapper Jay-Z Put His Estate Plans into a Song
Jay-Z, husband to superstar Beyoncé and a successful rapper-turned-business mogul, has released an estate planning themed song on his new album. The song is called “Legacy,” and it starts out with a recording of Jay and Beyoncé’s young daughter, Blue Ivy, asking, “Daddy, what’s a will?” The rest of the track is Jay-Z’s answer, containing… Read More »
What Was in U.S. Founding Fathers’ Wills?
In honor of the month of our country’s independence, WealthMangement.com shared some of the founding fathers’ wills. Here are some of the interesting items they passed down. 408 Diamonds. It’s no surprise that our country’s founders were wealthy men, but Benjamin Franklin‘s 408 diamonds left to his daughter came with a contingency: she was not… Read More »
How to Pick the Right Executor of Your Will
A big part of estate planning is choosing the executor of your will. This person will be responsible for administering your estate after your death. The person you choose for this job should be trustworthy and dependable. Here are few tips for choosing the right executor for your will. Keep Family in Mind It… Read More »
Giving to Leave a Legacy
The idea of making an impact on the world, in one’s community, or even within one’s own family is something that many people strive to achieve. Doing works like volunteering for a charity or giving time to family members are ways we improve our society, but what if we could continue to do good even… Read More »
Surprise Estate Donation for Michigan Library
The Rauchholz Memorial Library in Hemlock, Michigan is getting an overhaul. James and Mary Jean Foye have gifted 40% of their estate to the library after James passed earlier this year. Frequent visitors of the library, the Foye’s wishes were that their money would be used to build and maintain a brand new facility for the… Read More »
A Restaurant Where Grandma is Chef
Many people have fond memories of gathering for dinner at grandma’s, the house aromatic with the scent of a generations-old family recipe. Perhaps one day the recipe was passed down to you, and you carried on the tradition of sharing your culture with your own children, or perhaps you still long for that cozy feeling… Read More »
Is Age Just A Number?
There is no old age. There is, as there always was, just you. ~ Carol Grace In my estate planning and elder law practice, we talk about age all the time. When do people start to worry about age? How old is “old”? Why do some people seem to be more comfortable with their… Read More »
Green Burials Provide an Eco-Friendly Alternative
More and more people are opting for alternatives to traditional caskets and conventional cemeteries. Whether they are trying to save money, connect spiritually, or lessen their impact on the environment, people are becoming increasingly innovative when it comes to their burial plans. One recently popular burial option is to choose a “green” burial, one that… Read More »
Old Dogs Find New Love at Michigan’s Only Animal Hospice
Three years ago, Kim Skarritt created Silver Muzzle Cottage in Elk Rapids, Michigan. Silver Muzzle is a rescue and hospice care center for homeless senior dogs. Its aim is to rescue older dogs from shelters and place them with forever homes, but it also provides a homey environment for ailing dogs to live out their… Read More »