Estate planning is a necessity for anyone who has substantial assets, for those who have minor children and for anyone who wishes to ensure their personal property is distributed in accordance with their wishes at the time of their death. A comprehensive estate plan may include wills, trusts, powers of attorney and other estate planning [..]
Many people elect to put some or all of their assets into a trust. Once the original trustee dies, the successor trustee has specific legal obligations to the beneficiaries of the trust. Among these responsibilities is managing the assets of the trust; gathering, assessing value, liquidation and distribution. In addition, trust administration also involves obtaining [..]
Chapter 7 bankruptcy allows an individual or couple to eliminate unsecured debt, stop creditor harassment and begin to rebuild a new financial foundation. Nonexempt assets are collected by a bankruptcy trustee and sold in order to pay creditors in accordance with the Bankruptcy Code. In Chapter 7 bankruptcy, Michigan residents are allowed to keep certain [..]
What to expect in Chapter 13 Bankruptcy If you face a significant amount of debt, but you have a steady income and you want to remain in your house or hold on to other assets that may be lost in Chapter 7 bankruptcy, or if you are unable to meet the requirements for Chapter 7 [..]
Buying real estate is exciting but there are hundreds of small things that can prevent a transaction from being completed. We will work with you throughout the process from reviewing your purchase and sale agreement through preparing closing documents. There are hundreds of small details that must be completed to ensure the transfer of property [..]
Michigan real estate transfers occur only after a proper deed is prepared and filed with the appropriate county officials. Not only does a deed need to contain the proper language, but many people are surprised at some of the unusual requirements to ensure the document is legal. Some of these include: Paper specifications – standard [..]
You may have had a car accident, slip and fall, or suffer from negligence or medical malpractice. We have contacts across Michigan, and other states, to refer you to an attorney who will care about your case and provide you with competent legal services.