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February 2019 Archives

Prenuptial agreements aren't just for Michigan's rich

If asked who should draft a prenuptial agreement, most people would respond that only people of means should. That's far from the case though. In fact, many people with limited assets have begun requesting prenups in recent years. You may wonder what's the profile of those who request them and what motivates them to do it.

Should I include digital assets in my Michigan will?

While virtually every adult can benefit from estate planning, few do more than simply drafting a will. Even if someone does, they rarely take time to include a comprehensive inventory of all their assets and what they wish to happen with them. In an era in which so many people use online accounts and social media pages, wills should ideally include these digital assets if a testator wants their heirs to have lawful access to them in the future.

Do you know what to expect from the probate process?

The death of a loved one can be a difficult time for any Michigan family. Everything involved, from planning a funeral to settling an estate, can be daunting. When considering what you need to do in order to resolve the affairs of the deceased and finalize estate matters, it can be helpful to learn what you should expect from the probate process. 

While U.S. foreclosure rates decline, Michigan ones increase

The property database ATTOM Data Solutions released its 2018 U.S. Foreclosure Market Report earlier this month. Although it shows that the number of foreclosures nationwide dropped to a 13-year low in 2018, some cities in Michigan ended up having some of the highest rates of all American cities in 2018.