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…
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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…
While we often conceptualize a condo as connected townhomes, you may be surprised to learn that there is another type of condo designation in Michigan. The typical understanding of a…
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…
There are two (2) legal remedies when the purchaser defaults on a land contract: (1) forfeiture (commonly known as summary proceedings); and (2) foreclosure. Prior to initiating either action it…
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…
View our 6 simple Estate Planning Power Tips to learn how careful estate planning can protect your loved ones, avoid confusion (and even conflicts) among family members, circumvent unnecessary costs, and...
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