The Importance of a Power of Attorney
In previous bog posts, I have emphasized the importance of having a power of attorney. Without a comprehensive power of attorney, many...
Will My Trust Protect My Assets?
Protecting assets from nursing home expenses is an issue that I am frequently asked about. Sometimes it may arise after a heart attack,...
Don't Leave Your Family Unprepared
Benjamin Franklin said there were only two things certain in life: death and taxes. Yet in spite of everyone having an expiration date,...
Home Alone
In the 1990 comedy movie Home Alone, Macaulay Culkin plays the role of a young boy mistakenly left behind while his family flies to Paris...
Taking Over Mom or Dad's Finances
One of the more challenging situations when an elderly parent is declining is having to take over their finances. Sometimes it may...
Who Should You Trust???
One of the most important estate planning decisions you will make is deciding who will be responsible for your care if you become...
ESTATE RECOVERY
Estate recovery is the process by which a state recoups expenses paid for long term care following the death of a Medicaid recipient....
HEALTH SAVINGS ACCOUNTS
Nearly everyone is familiar with IRA, 401(k) or 403(b) accounts. These tax advantaged investments allow investors to use pre-tax dollars...
Dear Trustee: “This is what I prefer…”
Although often misunderstood, trusts are commonly used to plan an estate. With the estate tax exemption over $13 million, the primary...
Probating An Estate In Michigan
Probate is the legal process by which the estate of a deceased person is settled. The word probate is a Latin term which means to “prove...
