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Aug
22
2017

Have You Protected Your Special Needs Child with the Right Planning?

Posted by Danielle Streed

Special needs planning is important, but what is equally important is that you keep any special needs trust that you have prepared up-to-date.  Let's start with what a special needs trust involves.  A special needs trust is typically part of your own living trust that you set up for you or you and [Read More...]



Categories: categoryEstate Planning



Aug
08
2017

The Last Fear of the Golden Years - Senior Exploitation

Posted by Danielle Streed

Many family members do not believe that their parents could be a victim of financial exploitation. Unfortunately, as people reach a certain age many institutions and individuals prey on them with the theory that they are easily confused or easy to manipulate.  Many times seniors that receive these [Read More...]



Categories: categoryEstate Planning



Jun
28
2017

Is Your Trustee Capable?

Posted by Danielle Streed

When it comes to selecting a successor trustee there is more to it than just making sure that your trustee is capable of following the Michigan trust code, which is a code that requires the trustee act in good faith, timely and in accordance with the terms and purposes of the trust.  Many times [Read More...]



Categories: categoryEstate Planning



Jun
13
2017

Family Business Succession Planning

Posted by Danielle Streed

When it comes to setting up a living Trust, it is important to make sure that the Trust is funded.  Funding includes the transfer of assets such as your bank account, your home or your investments in to the name of the Trust or updating beneficiaries so the assets pass into the Trust at the time of [Read More...]



Categories: categoryEstate Planning



May
23
2017

Excluding a Difficult Child

Posted by Danielle Streed

For many families, the thought of excluding a child from receiving an inheritance is a very difficult topic to discuss, yet many parents have children who have created problems within the family or who have distanced themselves from the family for years. Whether the parent has an explanation for [Read More...]



Categories: categoryEstate Planning


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