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Probate is the legal procedure for gathering the property of a deceased family member, settling debts, and distributing the remaining assets. Determining if probate is necessary can be confusing, but probate is only required for property solely in the decedent’s name. To better understand this concept, let’s consider an example. A couple jointly owns a bank account. If one spouse…
Divorce is a complex and emotionally charged process that involves various legal considerations, one of the most critical being the division of marital property. In Michigan, like many other states, property division follows the principle of equitable distribution. This means that assets and debts acquired during the marriage are divided fairly, though not necessarily equally, between the spouses. Dividing the…
Did you know that a significant number of adults in the U.S. – around 77% – haven’t documented their end-of-life plans? Even if you fall into this category, it’s important to understand that you still have an estate plan. You may not have created one yourself, but the State of Michigan has a plan in place for you called Probate. …
Estate planning is a crucial aspect of securing your family’s future, and when it comes to children, the stakes are higher. A well-thought-out Minors Care Plan goes beyond financial considerations and addresses the holistic well-being of your children. In this blog post, we will delve into the essential components of a comprehensive Minors Care Plan, including letters to nominees, powers…
Probate is a legal process that ensures the orderly distribution of a deceased person’s assets and debts. In Michigan, probate plays a crucial role in administering estates. This article will provide you with an overview of Michigan probate, including what it is, when it’s required, and the steps involved. What is Michigan Probate? Michigan Probate is the legal process that…
Family dynamics are intricate, and when legal matters arise within the familial sphere, it becomes crucial to understand the intricacies of family law. In Michigan, like in many other states, family law encompasses a broad range of issues from marriage and divorce to child custody and support. This article focuses on some of the key aspects of the divorce process.…
For many, pets are more than just animals; they are cherished family members. Many pet owners want to ensure that their pet receives the same love, care, and attention after the owner passes away, as the pet has become accustomed. One way to secure the well-being of your pets is through establishing a pet trust. A pet trust is a…
What is Estate Planning? Estate planning is essentially creating a plan for your assets. An estate could be modest or substantial, including vehicles, homes, investment properties, retirement funds, bank accounts, life insurance, and personal belongings like furniture, clothing, and kitchenware. When you pass away, none of it can be taken with you, which raises the question of what happens to…
In a world full of discussions, the words that are used carry deep and profound meanings. One such word is “Parakletos.” (Pronounced Para·Clee·Toes). Derived from Greek law, the term has significant implications in various contexts. This post will uncover the rich and multifaceted meaning of “Parakletos.” The term basically means “the advocate” or “the one who walks beside.” To fully…
Family dynamics are intricate, and when legal matters arise within the familial sphere, it becomes crucial to understand the intricacies of family law. In Michigan, like in many other states, family law encompasses a broad range of issues from marriage and divorce to child custody and support. This article focuses on some of the key aspects of the divorce process.…