» Estate Planning

Can an Estranged Relative Contest My Estate?

There are many reasons to create a will or estate plan: to provide for your family; to have peace of mind regarding the future; and to ensure that your wishes regarding your property will be carried out when you are no longer here. Usually, people wa… Read More
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What is an In Terrorem Clause?

One of the reasons you create an estate plan is to make sure that your wishes for the distribution of your property are honored. Another reason is to prevent your heirs and beneficiaries from arguing over your estate. Sadly, even if you have a will,… Read More
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Why Do I Need to Set Up a Living Trust?

If you have been thinking about making or updating an estate plan, chances are you have wondered if you need a living trust. Once upon a time, most people thought of trusts as only for the wealthy. Having significant wealth is definitely a good reaso… Read More
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What Legal Rights Does a Trust Beneficiary Have?

At its most basic, a trust is a legal relationship between three parties: the grantor (also called the settlor or trustmaker), who creates the trust and funds it; the trustee, who is in charge of managing the trust and making distributions; and the b… Read More
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What is a Holographic Will? (Why You Shouldn’t Create Your Own Estate Plan)

If you’re not familiar with the term “holographic will,” don’t feel bad. It’s not often heard outside of law school classrooms, and it’s just a legal term for a handwritten will that is signed by the person making it, who is called the te… Read More
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What is the Michigan State Real Estate Transfer Tax (SRETT) Refund Rule?

In Michigan, certain homeowners are eligible for a refund of the state real estate transfer tax (SRETT) when they sell their homes. Many homeowners are unaware of the availability of the SRETT refund, which means that they could be leaving hundreds o… Read More
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Probate Litigation

In Michigan, probate courts in each county handle specific types of cases, such as those regarding estates and trusts, guardianships and conservatorships, matters regarding developmentally disabled individuals, and the evaluation and care of individu… Read More
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Schaaf v. Forbes: MI Case on a Trust's Authority to Convey Real Property

Michigan recognizes a number of ways to own property jointly. One of these is a “joint tenancy with rights of survivorship.” In essence, what this means is that two or more joint tenants own equal shares of the property that were granted to them… Read More
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What Are the Steps to Take as an Executor After a Loved One’s Death?

If you are reading this blog post, there is a good chance that you recently lost someone close to you. If that is the case, you have our condolences. We understand what a difficult time this is. If you are a family member serving as an executor of an… Read More
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A Guide to Estate Planning for Young Adults

Who needs an estate plan? Young adults often think of estate plans as being for people who are older and people with significant wealth. Younger adults, by definition, are not older; and they are typically early in their careers and may not have a lo… Read More
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Categories: Estate Planning