Estate Planning Blog Articles

Estate planning isn’t just for the wealthy – it’s essential for every family that wants to protect their loved ones and ensure their wishes are carried out. Having the right legal documents in place provides peace of mind and can save your family significant stress and expense during difficult times. Certain estate planning documents serve specific purposes and offer unique protections. Here are the seven essential documents every family should have in their estate plan. Last Will and Testament Your will is the cornerstone of your estate plan. A properly executed will allows you to designate how your assets will ...

Legal documents are the cornerstone of our society, serving as the foundation for agreements, contracts, and personal arrangements. However, there’s often a misconception about what makes a legal document truly valuable. The first and most basic aspect of a legal document is its enforceability. This refers to whether the document meets the minimum standards required by law to be considered valid and binding. Achieving this baseline is relatively straightforward. It requires understanding and following the relevant rules of law, and the document must be executed as required by these rules. For example, a will might need to be signed by ...

Do I need a trust in case something happens to me?

A record 80.5 million Americans have health coverage through Medicaid or the Children's Health Insurance Program, largely because states have had to keep people enrolled during the coronavirus pandemic, according to new federal data released Monday.

Michigan Supreme Court Justice Megan K. Cavanaugh, Michigan Attorney General Dana Nessel and a bipartisan group of state lawmakers announced legislation to reform state guardianship laws, following decades of criticism by families and elder advocates.

I know of someone who was joint account holder with his dad for many years, then later his dad then appointed him as power of attorney. How does that work? Is the son still a joint account holder?