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Archive: June 2014




Jun
30
2014

Protetcting Money Left to an Incarcerated Beneficiary

Posted by Danielle Streed

Estate Planning for children with problems is important, but when the problem goes as far as incarceration, estate planning becomes even more important. What parents and relatives need to understand is that leaving money outright to an imprisoned relative will ultimately result in most of those [Read More...]



Categories: categoryEstate Planning



Jun
17
2014

Michigan does not recognize common law marriages

Posted by Danielle Streed

A common-law marriage is when a man and a woman live together as husband and wife, but they have not been legally married or they have never applied for a marriage license in Michigan.   If you live with someone for a long period of time and then separate there is no recourse for alimony or for [Read More...]



Categories: categoryEstate Planning



Jun
16
2014

Charitable Gifting

Posted by Danielle Streed

When it comes to making charitable gifts there are a variety of ways that you can accomplish this. You can make an outright gift during your lifetime. You can put provisions in your estate plan or you can change the beneficiary to an IRA or insurance policy to name the charity as a direct [Read More...]



Categories: categoryEstate Planning



Jun
10
2014

Perils of Joint Ownership

Posted by Danielle Streed

When it comes to joint ownership, it should not be your only form of estate planning. Joint ownership with a spouse may be the only type of joint ownership that you consider. There are too many perils of joint ownership that will not accomplish your estate planning goals and may not even [Read More...]



Categories: categoryEstate Planning


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