Will and estate lawyers are becoming intimately aware of their clients’ financial situations, and it’s just a fact of life that many people have considerable debt. Whether it is the person setting up an estate plan or one who has inherited from it, there are often questions regarding what happens to that debt. Does money come out of the estate for medical bills? Are adult children responsible for credit cards? What happens to the mortgage?View Post
Author: Tom
Three Grandville Estate Planning Myths: True or False
Estate planning lawyers eat, sleep, and breathe estate planning and see pretty much every kind of situation unfold. Clearly, individuals who have taken the time to create a solid estate plan nearly always fare better than those who do not. Still, there are a whole lot of myths and misunderstandings floating around that stop people from making the choice to protect their futures with an estate planning lawyer’s assistance.View Post
Business Planning Attorneys in Michigan Recommend Living Trusts
Michigan business attorneys see again and again how folks underappreciate just what they can do to protect their businesses through estate planning. After spending years building a solid business, it should almost go without saying that you want to protect what you’ve created. One way to do this is to create a living trust.View Post
7 Signs that It’s Time to Update Your Estate Plan
So, you and your estate planning lawyer have put together a great plan for you. Congratulations! You are ahead of the majority of the population already. Keep in mind, however, that even though the hard part is done, there is some maintenance that you and your attorney will want to do from time to time. Your life and circumstances will likely change over the years, and you’ll want your estate plan to change accordingly.View Post
Grand Rapids Will Lawyer Says, “Make Sure Your Step Children are Cared for in Your Estate Planning”
For those who love their stepchildren as their own, it may come as a surprise that this bond isn’t enough when it comes to estate planning in Michigan. Because of the laws of inheritance, stepchildren do not automatically inherit when a stepparent dies.View Post
Make Your Wishes For Your Facebook Account Known Using The Legacy Contact Feature
As our lives become increasingly digital, more and more of the assets we accumulate are based in technology or created online.
Estate attorneys in Grand Rapids have the important job of educating their clients on how to handle “digital assets” in the event of a person’s death or incapacity, and then helping the client document such wishes in a will or trust. Whether it’s an email account, blog, collection of domain names, hosting accounts, apps, eBooks, etc., a good estate planning attorney can help ensure that only a person the account owner trusts can access and maintain digital assets in their absence.View Post
The Infamous Prenup and the Grand Rapids Lawyers Who Create Them
Generally, we hear about prenuptial agreements when a celebrity split is splashed across the tabloids. What you don’t usually hear about are the Grand Rapids prenup lawyers who are charged with making sure the stars are covered in the case of a high-profile divorce. We may not have a lot of famous folks here in Grand Rapids, but that doesn’t mean that our prenup lawyers don’t work just as hard for their clients.View Post
Grand Rapids Estate Planning Lawyer: The Need for Unmarried People to Plan Ahead
Estate Planning for Unmarried People in Grand Rapids
While married couples are most likely to seek out the services of an estate planning lawyer in Grand Rapids, unmarried people may actually need it more. It’s a pretty well known fact that when a married spouse passes away, the other will likely inherit a considerable portion of the estate, simply by virtue of the legal marriage.View Post
Grand Rapids Estate Planning Lawyer- Why a Woman Needs to Plan for Her Future
Grand Rapids Estate Planning Lawyer’s Advice for Women
A good Grand Rapids estate planning lawyer will help you take a lot of things into consideration when putting together your estate plan. Various factors influence your estate planning after all: finances, children, age…But what about your gender? Is estate planning for women different than it is for men?
Actually, there are some important extra things for women to keep in mind when estate planning.View Post
Grand Rapids Wills and Trusts Lawyer: Moving to a New State?
The Role of Grand Rapids Wills and Trusts Lawyers When You Move to a New State
Trusts lawyers in Grand Rapids have the important job of helping their clients create a legacy that is compliant with a number of different laws. For the most part, these laws will vary from state to state. Some differences are minor, while others can impact the trust significantly. Someone who already has established a trust in one state may very well want to at least review it with a trusts lawyer when relocating to another.View Post
