In recent years, several celebrity estates have been in the news because of such mistakes as creating trusts and failing to fund them or because of not creating an estate plan at all. The very wealthy are as likely to make these and other estate planning errors as...
Reviewing beneficiary designations is crucial to an estate plan
If you have an IRA, 401(k) or any other type of financial account, it likely comes with a beneficiary designation attached to it. In most cases, the language contained within a beneficiary designation trumps whatever you write in your will. Therefore, it is important...
What is the role of a psychologist in a custody hearing?
Courts in Michigan settle child custody disputes by determining the custody arrangement that represents the best solution for the child. The Michigan Child Custody Act identifies specific factors the court should use to make this determination. In many cases, a...
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