Monthly Archives: October 2018

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31 10, 2018

Differences In Elder Law and Estate Planning

October 31st, 2018|Michigan Estate Planning|

Differences In Elder Law and Estate Planning There is a common misconception about elder law and estate planning.  Many people think that these two concepts only apply to individuals with wealth during the later part of their lives.  However, this is the furthest thing from the truth.  Everyone has an estate.  Elder law is actually an area of law that affects everyone at any age that plans on growing old. There are many questions that people wonder about as they grow old including: If I can’t make decisions for myself anymore what will happen? Who [...]

19 10, 2018

What is the Difference Between an Estate Plan and a Will

October 19th, 2018|Michigan Estate Planning|

What is the Difference Between an Estate Plan and a Will Estate plans and wills are powerful documents. They grant you the ability to distribute your estate, appoint guardianship, pick your heirs, and give your most valuable belongings to your favorite people. It's essential you have it in mind that a will is only a part of an estate plan, not an estate plan. A complete estate plan entails more than just a will. It should include an advanced directive, a power of attorney, and, if you so choose, trusts for your children, favorite charity, [...]

18 10, 2018

Oakland County Probate Court

October 18th, 2018|Michigan Probate Law|

Oakland County Probate Court The Oakland County Probate Court hears cases involving the distribution of wills, trusts, and estates after a person passes away. Furthermore, the court also hears cases involving conservatorships, guardianships, and issues related to mental health/disability. These cases are often complicated and require a thorough understanding of laws involved with each specific issue. Probate Court Processes Several issues related to probate have their own set of processes, fees, and legal documents. To obtain information related to a specific issue, see the links below. *Please Note* Information within the links below [...]

18 10, 2018

Wayne County Probate Court

October 18th, 2018|Michigan Probate Law|

Wayne County Probate Court The Wayne County Probate Court hears cases related to the administration of trusts & estates after a person passes away. This administration of assets can be done regardless of whether or not the deceased individual died with, or without a will. Additionally, probate courts may appoint conservatorship and guardianship on behalf of minors as well as incapacitated adults. Other issues commonly handled in probate court are cases related to mental health including: hospital care for mental illness, guardianship for individuals with mental disabilities, and more. Since these issues are often complex, [...]

4 10, 2018

Should Yоu Crеаtе an Eѕtаtе Plаn?

October 4th, 2018|Michigan Estate Planning|

Should Yоu Crеаtе an Eѕtаtе Plаn? The rеаѕоnѕ for needing an еѕtаtе рlаn are as vаriеd аѕ thе individuаlѕ invоlvеd and, it ѕееmѕ, thе many myths ѕurrоunding the subject do quitе a bit of harm. Fоr еxаmрlе, dо уоu have to be "rich" in оrdеr to need аn estate рlаn? Thе answer is, "Nо", оnе dоеѕ not need tо be riсh tо nееd аn еѕtаtе рlаn. All уоu nееd iѕ thе dеѕirе tо pass оn tо уоur heirs thе greatest аmоunt оf thе wealth роѕѕiblе that you have preserved during your lifеtimе. Among thе mаjоr [...]

3 10, 2018

The Importance of Estate Planning

October 3rd, 2018|Michigan Estate Planning|

Eѕtаtе рlаnning iѕ a term that is thrоwn аrоund a lot. And аlthоugh everyone agrees you ѕhоuld dо it, what is involved in the process is never ԛuitе explained in thоrоugh dеtаil. Pеrhарѕ thаt iѕ why ѕо mаnу people рut off thе tаѕk оf planning an estate and writing a will until thе last minute оr, wоrѕе, until it iѕ tоо lаtе. Lеt'ѕ detail not оnlу what еѕtаtе planning is but аlѕо what the еnd gоаlѕ оf planning уоur еѕtаtе should bе. Eѕtаtе Planning, Whаt Is It? Eѕtаtе рlаnning spans a rаngе оf fiеldѕ, inсluding [...]

1 10, 2018

Take Time To Create An Estate Plan Today

October 1st, 2018|Michigan Estate Planning|

Many individuals do not grasp how important it is to have an estate plan in place.  By taking the time and effort that is needed now to plan for your estate you inevitably save your family and friends a lot of trouble after you are gone.  In reality, after your passing, the last thing that you want to do is to leave chaos for your family to deal with while they are busy grieving. By working with an estate planning attorney you are able to do all of the following things to prepare your estate. [...]

1 10, 2018

Finding an Attorney Specializing in Estate Planning

October 1st, 2018|Michigan Estate Planning|

Finding an Attorney Specializing in Estate Planning In order to create a proper estate plan you need to have an understanding of not only your investments but also your personal possessions.  It is also crucial that you are aware of and working with an attorney knowledgeable of the local laws and regulations.   The entire process can seem quite overwhelming if you don’t have the right professionals working with you to create a flawless estate plan to help ensure your estate avoids probate upon your passing. A qualified estate planning attorney is best equipped to help [...]