» Estate Planning
Michael Jackson's Estate Battle
October 25th, 2013
Even in death, Michael Jackson remains controversial. Jackson’s estate is still battling with the IRS, almost five years after The King of Pop’s death. Read an excerpt from the Forbes articles below: “It’s possible that the legacy…
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Categories: Estate Planning
Estate Planning: Just Like Real Estate and Vacation
October 24th, 2013
One question always asked at the seminars I give on living trusts and estate planning is: “How much does ‘it’ cost?” In a sense that question qualifies as an “oxymoron, meaning a phrase which is incongruous (not consistent with what is logi…
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Categories: Estate Planning
Meeting with Family Key to Estate Planning
October 17th, 2013
How to Make a Family Meeting a Successful Part of the Estate Planning Process You’ve made the hard decisions, your documents are signed, your trust is funded, a business succession plan is in place. Congratulations, you’ve finished your estate pl…
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Categories: Estate Planning
Interesting Will Dispute Story in NY Times
September 17th, 2013
Check out this recent New York Times article, exploring the dispute over an heiresses’ $300 million dollar fortune. Does the family or the medical staff deserve the fortune? Click the link below. The New York Times–The Two Wills of the He…
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Categories: Estate Planning
The Michigan Slayer Statute and Probate
August 1st, 2013
Michigan slayer statute applies to voluntary manslaughter too. Interesting how this issue will appear from time to time! A few years local dentist going through a divorce was shot in the back of the head in a rough part of town – wife was person of…
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Categories: Estate Planning
Pierangeli, Riemland, and Slough appointed County Public Administrators
April 12th, 2013
On April 1, 2013, Michigan Attorney General Bill Schuette appointed Scott Pierangeli, Jim Riemland, and Paul Slough to serve as public administrators. Pierangeli will serve in Kalamazoo County, Riemland will serve in Berrien County, and Slough will s…
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Categories: Estate Planning
Handwritten, unsigned notes valid to amend trust
February 1st, 2013
In In Re: Stillwell Trust, a published Michigan Court of Appeals opinion, the court discussed two issues: whether hand-written notes constituted a valid amendment to the trust, and whether a child adopted after the settlor passed away was a grandchil…
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Categories: Estate Planning
New law allows for trust decanting
December 28th, 2012
Governor Rick Snyder signed legislation allowing for the practice of trust decanting, meaning assets held by an irrevocable trust may be moved into a different trust. SB 978 and 979, drafted by attorney James Spica and sponsored by Tonya Schuitmaker,…
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Categories: Estate Planning
Treasure Hoard Found by Public Administrator in Nevada
December 19th, 2012
The Associated Press reported a story about a public administrator who found about 7 million dollars worth of assets hiding in a decedent’s home. A public administrator handles an estate when there is no one present or willing to serve as perso…
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Categories: Estate Planning