Legal Strategies, P.C. Blog

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20 Critical Estate Planning Questions: Part 1

The Raymond James publicationWorthwhilerecently ran an article about how to make sure that your wishes are carried out after your death.

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When A Loved One Dies: First Steps

The death of a loved on is a very emotional time. But despite the need to slow down and grieve, most families are presented with multiple decisions that have to be made almost immediately.

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Beyond Credit Reports: Other Ways To Monitor Your Identity

Most of us know that we are entitled to a free credit report from the three major credit bureaus once a year. Requesting a different report from one agency every four months can help you ensure that your personal and financial information is accurateand that your identity has not been stolen. But did you know that there are other ways to monitorother pieces of personal information?

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Protect Your College Student From Miles Away

It's the time of year when many parents are doing their back-to-school shopping. If you have a college-bound child, you are probably busy getting him outfitted for dorm life, buying a new laptop, and preparing to drop him off hundreds, or even thousands of miles from home.

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25 Documents You Need Before You Die

Business Insider article advises that there are 25 key documents that you need to leave for your family before you die. The article points out the financial problems caused by failing to keep these documents. In fact, there is currently $32.9 billion in unclaimed bank accounts and other assets being held by State treasuries.

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When To Update Your Estate Plan

It's convenient when tasks you need to complete are based on a set schedule, such as filing your income taxes by April 15th. Or when you get a reminder, like it's time for your annual physical.Unfortunately, keeping your estate plan up to date is not quite as routine and rather than being proactive, many people wait until an event forces them to make a change.

Dower RIghts Abolished in Michigan

Since 1787, Michigan law has given women "dower" rights. Dower rights gave widows a one-third interest in any real estate owned by her husband during their marriage. This allowed a deceased husband to provide economic support for his surviving wife.

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Gambling Addiction in Older Adults

March is Problem Gambling Awareness Month, sponsored by the National Council on Problem Gambling(NCPG). The NCPG provides education about gambling addiction and available resources for help.

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Prevent Identity Theft After Death

It's sad to think that even after aloved one dies, he can be the victim of identity theft. But unfortunately, it happens regularly. Below we've highlighted some important steps you can take to prevent identity theft of a deceased person:

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Unsigned Will Could Be Binding

The Michigan Court of Appeals recently had to consider whether a Will that was never signed was still enforceable. On November 10, 2016, the Michigan Court of Appeals disagreed with Wayne County Probate Court (who had rejected the unsigned Will) and sent the case back to Probate for more evidence.