A new movement is making headway with seniors today. Record numbers of Baby Boomers are participating in triathlons, traveling the globe, starting their own companies from scratch, creating new social circles and in general being much more active than their own parents and grandparents. But that’s not all these seniors are doing. The Demand Institute surveyed over 4000 Baby Boomer households (50-69 year olds), and found an interesting pattern emerging.View Post
Estate Recovery and loosening of the estate tax laws has created some upheaval in the form of real estate ownership. This combined with other factors makes choosing how to properly title your real property even more of a significant factor in both long-term care and estate planning.View Post
Having gone through a divorce a few years ago, I understand that taking on one more legal task might be a bit overwhelming. And yet Estate planning after a Michigan divorce enables you to protect your assets, ensure your children will always be well cared for, and provides you with a sense of security and control amidst the turmoil of a divorce.View Post
Before getting into whether a do it yourself estate plan is appropriate for your situation, it is important to know exactly what will or “estate plan” is and what it does. In my opinion, the most basic estate plan, whether drafted by the most expensive lawyer in town or put together from the cheapest do it yourself estate planning kit you could find, must include a will and a patient advocate designation. Our estate plans typically include a few other steps to make the management of your affairs less cumbersome in the event of an unforeseen disability and upon your death.View Post
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