Estate Planning

Estate Planning

Estate planning is "life planning" rather than preparing for death, although that is how many people regard it. If you have a family, a home, a job, you need to protect yourself and your assets with a living trust. Estate planning is as... [more]

Estate planning is "life planning" rather than preparing for death, although that is how many people regard it. If you have a family, a home, a job, you need to protect yourself and your assets with a living trust. Estate planning is as important for young adults as it is for those planning for retirement, the wealthy, and the elderly.

Articles

Early Book Reviews of Trial & Heirs: Famous Fortune Fights!

My co-author, Danielle Mayoras, and I have been blown away by the early book reviews we've gotten so far.  Here are a couple highlights: [Trial & Heirs] ignited a lively discussion with family and friends during a holiday gathering.  Everybody who has read or discussed it has pledged to get their financial affairs in order.  You can’t take it with you, so you want to organize your affairs so that they won’t cause a hassle among your loved ones when you go.   ~Avis Thomas-Lester The... Read Full Story

Forbes.com Video: From Jimi to Jacko: Estate Planning Folly

Danielle Mayoras and I were recently interviewed by Forbes.com about our new book, Trial & Heirs:  Famous Fortune Fights!  You can watch the interview here: [Note for those who receive email updates from The Probate Lawyer Blog:  You'll need to visit the blog directly to view the video] Posted by:  Author and probate attorney Andrew W. Mayoras, co-author of Trial & Heirs:  Famous Fortune Fights! and co-founder and shareholder of  The Center for Probate Litigation and  The Center for... Read Full Story

Michigan Probate Process- How It Works

Our Bloomfield Hills Probate Lawyer office helps individuals and families with Michigan estate administration issues on a regular basis. One thing that I must remind clients of many times, is that the Michigan probate process is generally, not as quick and easy as you would like it to be. If you do not have a properly funded trust based estate plan, there is a very good chance that your estate will end up under the jurisdiction of the Michigan probate courts. That may not be a bad thing... Read Full Story

Hearst family resolves conservatorship court battle

In early March, I wrote this article about how one of the granddaughters of famed media mogul William Randolph Hearst  -- she of the 2.1 billion dollar net worth -- was fighting family members who felt she was no longer competent to manage her affairs.  They were worried she was being exploited and taken advantage of because she kept give people large checks (in the six-figure range). Phoebe Hearst Cooke went through multiple attorneys trying to prove she could manage her own affairs... Read Full Story

Undue influence battle over artist's $40 million estate

Massachusetts artist Mary Kass lived in a modest house in Provincetown.  Few realized that the unassuming Kass owned an extraordinary art collection with works by Matisse, Renoir and Picasso.  In fact, her Estate is said to be worth at least 40 million dollars and as much as 60 million.  She died at age 78 on March 12, 2009. Divorced and without children, Kass left a will and trust leaving her assets to charity, friends, and a niece and nephew.  She bequeathed her art collection to the... Read Full Story

Michigan Estate Planning Basics

If have you ever dealt with a parent's or loved one's estate,  financial affairs or Michigan probate , you most likely know what a pain it is to administer their estate, clean up their affairs, and locate important documents and records.  I wanted to provide you some straightforward easily digestible advice on how make sure you don't leave your loved ones in a lurch. First and foremost, you must get organized .  You should begin creating a list of all your assets, liabilities, accounts... Read Full Story

Michigan Guardianships and Conservatorships Explained

What happens when an Oakland County Probate Judge and Oakland County Probate register get together?  Why the write an opinion piece for the Oakland Press, of course! You can read Oakland County Probate Judge, Eugene Arthur Moore and Oakland County Probate Register Jill Koney Daly's piece explaining very succinctly what a Michigan living probate is by reading the article here: Guardianships, conservatorships explained . Kudos to them for getting this important education out to the public. Read Full Story

Trial & Heirs: Famous Fortune Fights! The Video Preview

Curious about how celebrity estate errors can help you protect yourself, your family, and your heirs?  Watch this video: Posted by:  Author and probate attorney Andrew W. Mayoras, co-author of Trial & Heirs:  Famous Fortune Fights!  and co-founder and shareholder of  The Center for Probate Litigation and  The Center for Elder Law   in metro-Detroit, Michigan, which concentrate in probate litigation, estate planning, and elder law.  You can email him at awmayoras @ brmmlaw.com. Read Full Story

Brooke Astor verdict aids fight against financial elder abuse

An interesting article came out today by the Associated Press about how professionals who combat financial abuse against seniors can hold up the Brooke Astor verdict to raise awareness of the growing epidemic.  You can read the article here .  Jennifer Peltz, who wrote the article, discusses how advocates against financial exploitation of the elderly hailed the verdict and how it is far from alone.  She points that there have been many other famous cases involving the rich, such as J... Read Full Story

probate advance - Early Cash 4 U

From:  earlycash4u.com
Call AFG today (866) 530 5556 - www.earlycash4u.com The Multi-State Estate Plan - KCI Investing Readers with homes or other property in more than one state need to give special attention to their estate plans. Each state has different rules and requirements, and your estate might have to run P R O B A T E proceedings in each state. There is more work … Call AFG today (866) 530 5556 - earlycash4u - for lawsuit advances, sell structured Settlements and annuities. www.earlycash4u.com... Read Full Story
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