Blog Posts in April, 2018

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  • What Is the Importance of Registering a Michigan Trust?
    What Is the Importance of Registering a Michigan Trust?

    If you have a trust in Michigan, state law provides that you can register the trust. Registering a Michigan trust is not required (except for certain charitable trusts, as discussed below). Even for ...

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  • Federal Estate Tax and Gift Tax Changes in the Tax Cut and Jobs Act Provide New Opportunities for Tax Savings
    Federal Estate Tax and Gift Tax Changes in the Tax Cut and Jobs Act Provide New Opportunities for Tax Savings

    Most of the changes in the Tax Cut and Jobs Act, which became effective on January 1, 2018, relate to income taxes. However, the law includes important and significant changes that affect federal ...

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  • Mild Alzheimer's Lowers Financial Acumen - Empasizing the Need for Planning ASAP
    Mild Alzheimer's Lowers Financial Acumen - Empasizing the Need for Planning ASAP

    New research shows that patients with mild Alzheimer’s disease (AD) have a dramatic decline in their ability to make financial decisions over a one year period. The discovery has strong implications ...

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  • When Should Family Members Be Compensated as Caregivers?
    When Should Family Members Be Compensated as Caregivers?

    In many families, the situation is familiar: As your loved ones grow older, they need help with daily and routine tasks. Often, a family member steps in and takes care of the elder. Over time, the ...

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