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Author: Alaina Sullivan

Common Estate Planning Mistakes

Posted onOctober 26, 2020October 23, 2020

Beginning the estate planning process can seem like such a daunting task. So many considerations go into preparing the best plan for you.  I work hard to simplify and uncomplicate the process for my clients, and it is my goal to help them avoid all Read More …

CategoriesEstate planning, Healthcare Power of Attorney, Power of Attorney, Revocable Trust

Lining up Beneficiaries for your Non-probate Assets

Posted onOctober 21, 2020October 19, 2020

Not all assets are considered fair game for probate of an estate. Only the assets that are in the deceased person’s (or decedent’s) sole name need to be processed by the probate court. Anything that is jointly owned or anything that has a beneficiary associated Read More …

CategoriesBeneficiary, Estate planning, Financial planning, Probate

Updating your Estate Plan

Posted onOctober 20, 2020October 16, 2020

For most clients, the act of simply completing their estate plan is a difficult enough step to take. However, one of the biggest mistakes that clients can make is to take that newly completed estate plan and file it away, never to look at it Read More …

CategoriesEstate planning, Guardianship, Power of Attorney, Probate

Is Probate Always Bad?

Posted onOctober 19, 2020October 16, 2020

As an estate planning attorney, I routinely hear clients say that they want to avoid probate at all costs. Most of the time, these statements are based off horror stories that clients have heard from other individuals. They may not even understand what all is Read More …

CategoriesEstate planning, Probate

Estate Considerations for New and Expecting Parents

Posted onOctober 15, 2020October 15, 2020

The birth of a child brings many changes, as well as a great deal of responsibility and new worries. Expecting and new parents often worry about who will take care of their child or children if the unexpected happens and both parents die. No one Read More …

CategoriesEstate planning, Guardianship, Revocable Trust

What to Expect During your Initial Consultation

Posted onOctober 14, 2020October 14, 2020

While estate planning tends to be much less litigious than other areas of the law, coming to an attorney’s office for the first time can still be an intimidating experience for many clients. The potential client may not know what to expect, know what questions Read More …

CategoriesEstate planning, Probate, Revocable Trust

Alternate Ways to Avoid Probate

Posted onOctober 8, 2020October 8, 2020

When meeting with a client for the first time to discuss an estate plan, I usually go over the Michigan probate process. Many times, clients hear that it is important to avoid probate at all costs, and while I tend to agree with this sentiment Read More …

CategoriesEstate planning, Probate, Revocable Trust

Do You Need a Power of Attorney for Your Adult Child?

Posted onOctober 7, 2020October 2, 2020

The coronavirus (COVID-19) pandemic has many adult children attending college but taking virtual classes on campus or taking virtual classes while living at home with their parents temporarily. Young adults often live on the misconception that they are invincible, which puts them at risk of Read More …

CategoriesUncategorized

Protecting Your Estate for Your Minor Children

Posted onOctober 6, 2020October 1, 2020

The need to provide for one’s children is usually at the top of my clients’ lists when they come in for the initial consultation to discuss estate planning. If the children are minors, that desire is often even stronger. No parent wants to die before Read More …

CategoriesEstate planning, Financial planning, Guardianship, Revocable Trust, Trustee

Considerations When Choosing a Guardian for Your Minor Children

Posted onOctober 5, 2020October 1, 2020

No one wants to think about the possibility that you may not always be there for your children. However, as parents, it is important to prepare for the unthinkable. One of the most important decisions clients with young children need to make when preparing their Read More …

CategoriesEstate planning, Guardianship

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