As you begin the estate planning process in Michigan, you quickly notice that one of its main purposes is to help you optimize your plans in order to ensure that as much of your accumulated wealth as is possible passes on to your beneficiaries. Yet many of those come...
Debilitating stress or exhaustion caused by an individual’s work may qualify for Social Security disability insurance benefits. An overly demanding occupation, such as working in the health care industry, may lead to an injury or condition that requires medical...
Many people avoid filing for bankruptcy because they worry about losing their possessions. In fact, bankruptcy laws allow filers to keep certain assets, including equity in a primary home and a vehicle. Before pursuing bankruptcy in Michigan, review the state's laws...
As a resident of Michigan, you must rely on your loved one's estate plan to know what their wishes are after their death. In most cases, the estate plan is the perfect window into your loved one's wants and needs. But sometimes, an estate plan or will gets written...
If you are the executor of a deceased person's estate, the process that guides the administration of the estate is probate. As an executor, you have many duties to fulfill during the probate process. One of your primary responsibilities is proving in court that the...
According to FindLaw, it is rare for a person to receive both unemployment and Social Security disability, as the two types of benefits serve drastically different populations. Unemployment caters to individuals who are able to work, but who cannot find work. Social...
As we age, we must rely on our loved ones and others to watch over us and assist us. We may even put our faith in these people to manage our finances. Unfortunately, there are some people who prey on the elderly with the intention to steal from them and misuse their...
A last will and testament is the main way many people pass on their estate to loved ones. In your case, you may wish to avoid probate for at least some of your assets. By setting up your assets so they pass on to specific beneficiaries after your death, you can bypass...
Many people who file bankruptcy only need to do so once to discharge or repay their debts. Yet, yours may have continued mounting after your first bankruptcy. You may fear that you cannot file a second time. But you can do so, depending on the date of your previous...
When thinking about estate planning, most people with children and grandchild feel good about leaving these family members a treasured legacy. This may include special heirlooms handed down through the generations or financial assets. Estate planning after remarrying...