The decision to end a marriage after many years is never an easy one. After decades together, some couples simply grow apart or struggle with bouts of infidelity. There are many reasons why couples over 50 choose to divorce, and things can be extra complicated in this type of divorce, also known as “gray divorce.”… Read More »
A lot of retirees like to work part-time after retirement. It’s a great way to stay active, mentally, physically, and within the community. Plus, it brings in supplemental income a lot of retirees use for discretionary spending, rather that dipping into retirement or investment accounts. For some, working in retirement years is necessary — especially… Read More »
Here’s something you may not know: I am one of 19 certified elder law attorneys in the state of Michigan — a state with over 35,000 practicing attorneys. Certification in elder law is a huge step above passing the state bar and practicing as an attorney. In order to become certified, eligible attorneys are put… Read More »
On April 8, 2008, former Governor Granholm signed an amendment to the law that enables a person who has established a new principal residence to keep a Principal Residence Exemption (PRE) on property previously exempt as the owner’s principal residence. The conditional rescission allows an owner to receive a PRE on his or her current… Read More »
At the doctor’s office and want to know if a procedure is covered by Medicare? There is an app for that. Medicare has launched a free app that gives beneficiaries a quick way to see whether the program covers a specific medical item or service. The “What’s Covered” app allows you to search or browse… Read More »
Many people invest in collectibles. Sometimes it’s an intentional investment; other times, the collection accrues simply from the love of collecting. And sometimes, people come into a collection as part of an inheritance without even realizing it has additional value. Interestingly enough, the collectibles market can be just as volatile as any financial market. In… Read More »
Developing an estate plan is a crucial part of preparing for the future. But it’s not just your future you’re planning for; it’s the future of your family, your legacy, and beyond. Unfortunately for many families, estate planning is often something that gets sidelined. People don’t want to have frank discussions about the future, including… Read More »
When my father was diagnosed with Parkinson’s disease, we found ourselves really thinking about the future. Our family had to think about everything from long-term care to my father’s estate. It was a lot. But it gave our family a perspective many of our clients have. In one form or another, the unknown is something… Read More »
When a couple who has been married for several years decides to end their marriage, their reasons are usually complex. It may be that after decades together, they have grown apart or because of something as devastating as an affair. While divorce can be one of the most financially and emotionally devastating experiences a person… Read More »
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 »