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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…
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…
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. …
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…
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…
In Michigan, there is a presumption that it is in the child’s best interests to have a strong relationship with both parents, and the parenting time schedule should reflect that presumption. The concept of parenting time plays a crucial role in ensuring that both parents remain actively involved in their children’s lives. Parenting time refers to the specific schedule that…
Losing a loved one is one of the most challenging experiences in life. Even with preparation, saying goodbye creates an irreplaceable void. Although nothing can alleviate the pain, leaving thorough instructions for loved ones is one of the most valuable gifts you can give them. The funeral home can assist you with many of the initial decisions; however, there is…