Wills and trusts administration is an interesting aspect of estate planning law, and one that has a really important impact on the beneficiaries of an estate. Generally speaking, a lawyer in Grand Rapids who does wills and trusts administration will offer a variety of services.View Post
Advance directives are an important piece of your estate plan, yet if they are not easily accessible, your wishes may not be followed. Michigan has a new law, the “Peace of Mind” registry, which gives the health care provider access to a secure central database where your end-of-life wishes will be stored.View Post
To be fair, a huge part of a Grand Rapids estate planning lawyer’s job is to help parents determine how best to take care of their children should the parents die prematurely. In the case of minor children, this might revolve around choosing legal guardians, setting up educational trusts, and making sure there is someone to manage any assets left for the kids. But, parents never stop being parents and even those whose children are grown often use their estates as a way to pass on what wealth they can to their children.View Post
As an elder lawyer in Grand Rapids and Muskegon with considerable experience, certain questions are asked over and over again. One area that sometimes requires explanation is the difference between guardianships and powers of attorney.
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Grand Rapids and Muskegon Trust Lawyer: How to Protect Inherited IRAs From Future Bankruptcy
Grand Rapids and Muskegon trust lawyers are abuzz following a recent US Supreme Court decision that will have big implications for clients. The fact that these professionals keep up-to-date on legislation and court decisions that affect their clients is one of the most important reasons not only to hire an estate planning lawyer in the first place, but also to check in with the attorney at least annually to see if any changes need to be made to a previous plan in light of new information.View Post
You may not need a Grand Rapids estate planning lawyer to make a will (although that isn’t a wise decision), but what if you have no will at all? No one wants to think about their future demise, but death will be coming for all of us eventually. Without a will, what will become of your assets, your liabilities, and who will be the executor? Will any of your loved ones be left out in the cold?View Post
We’ve pretty much all heard about “bucket lists,” but that term can take on a little bit of a different meaning when you’re a Grand Rapids and Muskegon estate planning lawyer. We deal with the reality every day that life is fleeting, and it’s our goal to help clients to maximize what they are able to leave behind. For that reason, here are some items that we think everyone should consider putting on their “estate planning bucket list.”View Post
In today’s litigious society, just about everyone needs some level of asset protection planning. Unfortunately, more and more people are using the legal system to deprive others of their life’s work.View Post
Of course, any Grand Rapids estate planning lawyer’s goal is to satisfy the client; but in the long run, a lot of estate planning is focused on those who are left behind. In creating an estate plan that disperses your assets in the way you want, you are creating a legacy and supporting your family, friends, or favorite causes for their own futures. It’s a noble and wonderful thing to do. It’s also kind of complicated for those who are left.View Post
Estate tax lawyers in Grand Rapids and Muskegon spend a lot of time learning and relearning tax law, as provisions change continually. In addition to knowing about the various types of state taxes that could affect an estate, it’s also necessary to keep up to date on what the federal Internal Revenue Service has to say about these things.View Post
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