A power of attorney is a legal document that allows you to appoint someone to make decisions on your behalf if you become incapacitated. It is important to choose someone who you trust and who you believe will make decisions that are in your best int…
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I get calls almost weekly from people inquiring about the necessity of a will. It is often when a loved one is in the hospital or transitioning to hospice and the family is in a panic to make sure a will is in place. During these phone calls I do my…
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Inheritance Tax in 2021 Inheritance tax is a constant concern I hear from clients. There is so much misinformation regarding what is taxed and what is not. This blog is designed to help clarify some myths regarding gift taxation during lifetime and a…
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2020 has been a year of nearly immeasurable change on a global scale. The Covid-19 pandemic has completely altered many peoples’ day-to-day lives. While most of us are settling into this (hopefully) temporary way of living, others have not been so…
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A power of attorney allows a person, known as the principal, to give authority to an agent to handle some or all of their financial affairs. This could include managing the principal’s assets while they are temporarily unavailable, making all of th…
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Designating someone who can make medical decisions on your behalf if you become incapacitated is an important part of the estate planning process. This is often known as a “medical power of attorney.” Michigan law calls it a “designation of pat…
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Dementia afflicts millions of people in the United States, and tens of millions of people worldwide. With improvements in life expectancy, that number is expected to continue to rise in the coming decades. Meeting the needs of dementia sufferers, inc…
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It’s never a situation we plan to be in, but have you ever wondered what your options would be if you were diagnosed with a terminal illness? Unfortunately, many people are faced with this reality and up until last year
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This is a great question that I get asked very frequently in my practice. If you’re asking this yourself, the answer may surprise you. What I tell my clients is this, in order to understand whether you need a will, you need to understand what will…
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Have you ever wondered what happens to your online data after you pass away? Maybe Facebook has reminded you of a passed loved one’s birthday, or you find yourself wondering how to pass down your Google photo albums to your children. Michigan l…
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