When veteran television and film star Burt Reynolds passed away last year at the age of 82, several shocking headlines such as “Burt Reynolds Left Son out of Will” appeared in connection with a story about his estate. As it turns out, Mr. Reynolds left the bulk of his assets to his only son through… Read More »
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The Right of Survivorship and You
Owing property with another person usually means that you get half and the other person gets half. If one person were to pass away his or her interest in their half of the property would either pass to their heirs as part of their estate or, under certain conditions, may belong to the other owner… Read More »
Understanding Hospice Care
Witnessing someone you love suffer as they succumb to illness or disease is emotionally devastating. Although you may be aware of the prognosis, it can be difficult to envision what your loved one will experience during his or her final days. The term hospice care usually surfaces in this situation, but not everyone knows what… Read More »
What a Certified Elder Law Attorney Can do for you
When you enter your retirement years, there will be changes to multiple aspects of your life. Some of your primary concerns will probably involve healthcare coverage, income, paying for long-term care, and estate planning. Each area is complex and has its own laws and requirements. Therefore, to address all of your legal needs successfully and… Read More »
What is a Living Trust and do I need one?
When planning for your estate, there are different ways you can plan to pass assets to your chosen beneficiaries. One choice is to create a living trust which allows you, the creator, the flexibility to make changes and benefit from trust assets during your lifetime, and avoid probate after you are gone. Here are some… Read More »
Selecting the Right Power of Attorney Advocate
In Michigan, part of your estate plan should include a durable power of attorney for finances or “POA”. Your POA allows you to name someone to act in your place concerning your finances should you become unable to do so. While you may not anticipate needing a POA for many years or at all, an… Read More »
Protecting Marital Assets When Your Spouse has Dementia
There are few situations as heartbreaking as watching your spouse develop and suffer from the symptoms of Alzheimer’s or another form of dementia. In some cases, your partner may have mild indications such as some limited memory loss while in others, they may have severe confusion which interferes with his or her ability to attend… Read More »
What is an Irrevocable Trust and Do I Need One?
When you think of the term trust, you may thing that all trusts are created equally. However, there are many kinds of trust and some may be better for your situation than others. Depending on your circumstances, an irrevocable trust may be beneficial to you. Here are some considerations regarding an irrevocable trust: What is… Read More »
Creating an Ironclad Will
Your last will and testament or “will” is a part of your estate plan which permits you set out the way in which you want your property to be distributed and have other matters handled when you pass away. Ideally, what you have said in your will is going to be easily understood and accepted… Read More »
What is Supported Decision Making?
When someone has a physical or mental condition which interferes with his or her ability to make decisions, it can be difficult. While fostering an individual’s independent choices is important it is also vital that he or she receives the care they need. One option is to ask that another person be appointed as the… Read More »