Legal Strategies receives many phone calls after a child starts handling her parents' affairs. Often the child is frustrated because a bank or financial broker is refusing to accept a power of attorney, and the child cannot get control of the assets needed to pay her parents' bills.
Legal Strategies, P.C. Blog
The Michigan Court of Appeals recently ruled on a casein whichalandlord of residential property did not have a valid rental permit as required by a local ordinance.
Most people are aware that under Proposal A, the property taxes on your principal residence are discounted. In order to obtain that discount, it is necessary to file aPrincipal Residence Exemption Affidavit.By signing the affidavit, you are swearing to the following under oath and penalty of perjury:
A recentarticle in the New York Timesaddresses the subject of what to do with family keepsakes and heirlooms once an aging parent downsizes or dies. Many older adults have assumed they would pass their possessions down to their heirs.However, the reality is that many younger people don't have room for andd o not wanta large dining room set or a buffet full of china, a tea service, and gravy boats.
In our last post (part one), we talked about the first ten questions an estate plan should answer.
The Michigan Court of Appeals recently addressed aparent's attempt to disinherit her child.In her Last Will and Testament, the deceased person specifically disinherited all of her children and explained that she had made other provisions for them.
There has been a lot of press recently about the2018 ballot proposalsthat will require Michigan's local governments to decide whether to allow commercial production and/or distribution of marijuana in their jurisdictions.It is important to remember that residential landlords have to make some of those same decisions.