The Marchand Advisory Group of Raymond James recently published a list of important questions that you should ask your parents before there is an emergency. Financial Where are the financial assets? Ask you parents to create a list of their bank, brokerage and retirement account, including online user names and passwords. If they are reluctant […]
According to a recent article in Hour magazine, Aretha Franklin’s estate is headed to court. At the time of her death, Aretha had four sons and no Will on file with any of her attorneys. The four sons are her legal heirs. In August of 2018, they agree to have their cousin, Sabrina Owens, act as the representative for Aretha’s estate.
All of us at Legal Strategies understand the seriousness of the Corona virus. We want you to stay healthy. And we want to be healthy when we can see you again face to face. So, we will be honoring the Governor’s mandate to shelter in place. However, we also know that your legal work is […]
Do you think you might still have life insurance, but you can’t find the policy? Do you think a deceased relative had a policy that no one has ever claimed? If so, you might be able to find it on the State of Michigan’s unclaimed property website: https://unclaimedproperty.michigan.gov If you don’t know the name of […]
Most people are driven to plan their estate because they are worried about their major assets – their home, a business, a large life insurance policy. But it is often the personal items – such as jewelry, collectibles and mementos, that have the highest sentimental value. It is easy to divide money by the number […]
At the start of a new year, when tax documents are issued, many folks wonder how long they have to keep their old tax records. If you are eager to shred your old records, you should be aware of the IRS rules for what to keep and how long. https://www.irs.gov/businesses/small-businesses-self-employed/how-long-should-i-keep-records The IRS recommends that you […]
Accordingly to a recent article from Merrill Lynch, many people still believe that a trust is only for the very wealthy. On the contrary, a trust allows someone of even modest means to ensure that his money is distributed as he wishes after his death. Merrill Lynch points out the three benefits of a trust: […]
Michigan is providing free legal help to people age 55 and older who have experienced, or are at risk of, abuse, neglect or exploitation. These free legal services are available regardless of income, languages spoken or immigration status (with or without documentation). The Elder Justice Initiative helps clients get protective orders, recover funds and property taken […]
Methamphetamine, also known as crystal meth, was initially produced by gangs on the West Coast. But since that time, meth production has moved to small, residential home labs, especially in rural areas. Meth residue poses significant health risks for the buyers of those homes, especially for the younger members of the family, but there is no […]
