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Posts in the Estate Planning category:

PROBATE 19: Respondent argues she did not receive notice of hearing until five days before.

Respondent argues that she was denied her right to due process of law because she did not receive notice of the hearing until five days before it took place. Respondent argues that the five-day notice of hearing violated her right to due process. Due process generally requires that notice be reasonably calculated to apprise interested parties of the action and to provide them an opportunity to be heard.

PROBATE 2: Can you remove a guardian that holds power of attorney?

Under the EPIC, a “suitable” guardian is one who is qualified and able to provide for the ward’s care, custody, and control. When a preponderance of the evidence weighs against the suitability of the ward’s current choice for guardian, the probate court must remove that person as guardian.

Choosing the right executor for an estate

When people are thinking about planning their estate, they often think about trying to minimize the estate tax, keeping their will updated, and keeping items out of probate court; however, there is another important issue that people need to think...

Digital assets and estate planning

Since the first smartphones were introduced nearly a decade ago, there has been a gradual shift from widespread use of traditional paper documents to digital documents. If you need proof, consider that most people have plane tickets on their phones,...

A divorce shouldn't thwart your estate planning goals

We all know that divorce is not easy, no matter how ready you may be to get out of a troubled marriage. There are certainly emotional hurdles to overcome as you move on with life, and the financial hurdles may take longer to get over than you may...

Why the disdain for the estate tax

With the federal income tax filing deadline coming this week, it is a good time to talk about taxes and how they may apply to estates. While federal estate tax applies to few estates (i.e. those valued at more than $3.5 million), it continues to be...

Should college students have wills?

If your child is getting ready to graduate from high school this spring, you are probably amazed with how quickly the years have gone by since they first started kindergarten. This also means that you are getting older too, and you have probably...

More Americans creating pet trusts

If you haven’t noticed by the commercials and networks devoted to them, America has definitely become a pet nation. It is estimated that two-thirds of all American households own a cat or a dog.  With some pets being considered cherished family...

Using an incentive trust in estate planning

People work hard to build up their estate during their lives and when they pass they may desire to hand down their estate to their friends and family. Leaving property to a loved one in an estate plan can be troubling for some parents who have...

What you need to compliment your will

Now that the Super Bowl has come and gone, many men around the country are making new weight loss goals. According to a survey by NutriSystem, the average NFL fan packs on 10 pounds during the season. With the final game of season in the books,...

Estate planning is important for childless couples

There is a great deal of information available on the internet concerning the issues that parents may face that require a solid estate plan. The volume of storylines addressing estate planning for young parents may seem to suggest that married...

Practical ways to reduce estate taxes

If you have been paying attention to recent headlines regarding tax law, you likely have heard that tax season has officially begun. This means that the Internal Revenue Service is ready to start accepting federal income tax returns. In all, the...

College students and estate planning

With college semesters ending in Michigan, it may not be so easy to get college students to think responsibly, especially in the throes finishing finals and having opportunities to let off steam. However, parents should do their best to teach their...

How to approach parents about estate planning

The approaching holidays may bring about fond memories for some people. They also represent a chance for people to reconnect with family members who have aged another year, especially parents. For those with older or elderly parents, the topic of...
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