Ladybird deeds are a rather unique and effective estate planning tool when it comes to transferring real property -- one that isn't available in all states. However, they are commonly used in Michigan.
Could a sunset clause make a prenup more palatable?
It's not uncommon to dread the mere idea of bringing up the subject of a prenuptial agreement with your future spouse. It isn't exactly the most romantic topic in the world, is it? Plus, there's always the possibility that your intended will react badly to the whole idea. After all, who wants to be bound to what could amount to a lifetime contract?
Thinking about contesting a will? Here's what to expect
Your close relative dies and you expect to inherit a considerable portion of their estate -- only to find out that you were recently cut out of the will. You have a sneaking suspicion that your relative was being heavily influenced by the new beneficiary of that will. You're understandably upset and angry.