Trenton Legal Issues Blog
What should you expect on your real estate closing day?
When you buy a new home, your closing is the final step of the process. The Home Buying Institute explains that at closing, you, the seller, your mortgage lender representative, your title insurance company representative and your escrow agent all meet together to...
What do you know about managing an aging loved one’s finances?
Your aging parents may not only need help physically, but financially, too. You do not have to send them money, but you want to help them manage the funds and protect their financial health. AARP offers suggestions on how to manage another's money the right way....
What are my rights to appeal an SSI decision?
Supplement Security Income benefits are available to you if you are over 65 or have a disability and you have a low income. You must meet income requirements along with meeting Social Security definitions for disability, if applicable. The Social Security...
What financial issues should you consider before a divorce?
The stress of divorce is difficult enough with the addition of financial worry. There will always be a fear of what you cannot control, but to know the different financial issues ahead of time can help you to prepare. According to Forbes, there are several financial...
Documents required when buying or selling a property
Michigan's Seller Disclosure Act requires a homeowner to reveal information about his or her property's condition to a potential buyer. If a seller fails to disclose a known material defect, a buyer has six years from the closing date to file a legal action alleging...
Does Michigan have an inheritance tax?
Michigan does have an inheritance tax. However, this should probably not concern you while making a new estate plan or considering the value of the estate of a recently lost loved one. It only applies to older cases. This does not, however, mean that your assets...
Are you a father who wants to be involved in your child’s life?
In Michigan, married fathers have certain rights through the marriage. For example, the state says a married man is the father of their wife's child. They only need to sign a birth certificate to make it official. Unmarried fathers have a few extra hurdles to jump....
What are Michigan’s intestate succession guidelines?
Perhaps the most complicated aspect of estate planning in Trenton is determining which of your heirs will inherit your assets (as well as what and how much they will receive). The last thing that you want is for your decisions to cause contentions amongst them once...
Financial and emotional benefits of divorce
Divorce is rarely a time to celebrate, and for many people it is a very unhappy time. However, after the finalization, it is time to begin looking ahead. Instead of focusing on the sadness and challenges, it may help to look at some potential benefits of ending the...
Preparation helps make the divorce process easier
Although around 50% of marriages end in divorce, it does not make it any easier for couples who go through the process. While some may want to avoid thinking about it, preparing financially and emotionally is beneficial and often helps ease some of the stress....
