The Downsides of DIY Estate Planning
You may be familiar with the concept of “Do It Yourself,” or “DIY.” In short, this ethos is all about tackling important projects on your own, without having to involve professionals. Most people associate DIY with homeowners researching solutions, buying their own tools, and getting to work making fixes and repairs around the house. Other […]
Power of Attorney Abuse: What to Know and How to Prepare
Unfortunately, it’s inevitable for bad things to happen. Fortunately, it’s possible to take precautions to make bad situations easier to manage. If something happens that leaves you unable to make or communicate decisions for yourself, a durable power of attorney is a tool that can help ensure that someone you trust will be empowered to […]
What Is a Holographic Will?
Here in Michigan, a will is an important estate planning tool — one that can allow you to maintain control over the distribution of your property and provide for your loved ones when you are gone. Under Michigan’s Estates and Protected Individuals Code (EPIC), there are several different methods that a testator may use to […]
What Can a Probate and Estates Attorney Do for You?
When you have a foot problem, you go to the podiatrist. When you have a heart problem, you go to the cardiologist. When you want to complete your estate plan or are forced into the probate courts, you need to go to an established probate and estate planning attorney. Michigan probate attorneys focus on the […]
Unpacking 7 Myths About Estate Planning and Probate
Estate planning is one of the most useful and important steps you can take to prepare for the future — but it is also one of the most commonly misunderstood. There are plenty of myths and misconceptions out there about estate planning and probate, which hold people back from taking action when they have the […]
FAQ: What Is the Estates and Protected Individuals Code, or EPIC?
If you spend any time researching matters relating to guardianships, conservatorships, wills, trusts, and estate administration in Michigan, you’re bound to come across the phrase “EPIC.” Short for “Estates and Protected Individuals Code,” this refers to the act that governs matters relating to the administration of estates of deceased persons and protected individuals in our […]
Estate Planning for Young Families
Here in Michigan and across the country, there is an all-too-common belief that estate planning is only something to think about when you’re elderly. By the same token, many people also believe that estate planning is only something that the extremely wealthy will ever have to consider. In fact, estate planning is a crucial way […]
Understanding Intestate Succession: What Happens if Someone Dies Without a Will in Michigan?
If someone passes away without a will in Michigan, many of their assets will become subject to our state’s rules of intestate succession. Broadly speaking, this means that the courts will step in and make determinations about how the decedent’s property will be distributed among their surviving family members. Anyone who stands to inherit under […]
Who Needs a Power of Attorney?
In estate planning, mechanisms such as wills and trusts can help guide and direct your assets after you pass away. What happens if you become incapacitated due to an accident or illness, and are unable to make or communicate about important decisions while you’re still alive? That’s where incapacity planning comes in. It is never […]
How to Start the Estate Planning Conversation With Your Loved Ones
Whether you are hoping to encourage a loved one to begin the estate planning process, or looking for the best ways to discuss your personal plans and expectations with your family, there is never a wrong time to get started. With that being said, many people in Michigan avoid talking about estate planning matters — […]
