Financial elder abuse is subtle, often repeated on the same individual and incredibly devastating. The unlawful depletion of financial resources is particularly ruinous for the senior community because many are…
Category Archives: Estate Planning
It’s no secret that dealing with parents or a loved one with diminished mental capacity can be a challenge. Mental capacity is an issue that can potentially affect anyone—at any…
REMEMBER TO FUND YOUR TRUST You created a Trust document to (1) ensure that your wishes are fulfilled upon your death, and 2) avoid probate. However, if your Trust is…
A MULTI-BILLION DOLLAR PROBLEM: FINANCIAL EXPLOITATION OF THE ELDERLY Recent stories in the media have been rife with high profile examples of financial exploitation of the elderly. Elder financial abuse…
The Michigan Legislature enacted Public Act 310 (2014), which impacts transfers of real estate from Trusts. Under the General Property Tax Act (MCL 211.27a), the taxable value of a parcel of…
The elderly have long been a target for clever demagogues seeking to make an easy buck through illicit means. Some scams, like the lost Prince of Nigeria email, have been…