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Important Estate Planning Documents in Michigan

By: Nick Leydorf

Assembling legal documents pertaining to your estate is key to ensuring that your final wishes are carried out.

Posted on: November 16, 2023 | Estate Planning

Avoid These Common Retirement Planning Mistakes for a Secure Retirement

By: Nick Leydorf

Don't let common retirement planning mistakes derail your future and turn into a horror story for your family. Learn how to avoid them and secure your nest egg for a worry-free retirement.

Posted on: October 25, 2023 | Estate Planning

How Does a Michigan Domestic Asset Protection Trust Protect Generational Wealth?

By: Nick Leydorf

Couple signing a Domestic Asset Protection Trust to protect generational wealth

A Michigan Domestic Asset Protection Trust (DAPT) may be a good option for professionals or business owners who want to preserve generational wealth and have the potential for third-party creditors’ claims.

Posted on: September 13, 2023 | Estate Planning

Which Is the Best to Way Protect Assets, Trusts or Wills?

By: Nick Leydorf

Take the squabbling between siblings you've had to endure and referee as a parent. Now multiply it times age and money. That might give you some idea of the need to make your final wishes clear when the time comes to divvy up your assets.

Posted on: August 23, 2023 | Estate Planning

What’s the Latest in Aretha Franklin’s Estate?

By: Nick Leydorf

Learn from Aretha Franklin's estate battle. Keep your family from fighting over inheritance with comprehensive planning.

Posted on: July 28, 2023 | Estate Planning

Preparing Your Adult Child for Independence

By: Nick Leydorf

If you read history, you know American independence was not easily won. There was no guarantee the fledgling colonies would win, but they fought long and hard and as a result, every July 4th we celebrate our nation’s independence. If you’ve got a young adult in your life, you know they’re often fighting in their […]

Posted on: June 29, 2023 | Estate Planning

Prepare Now for Coming Estate Tax Changes

By: Nick Leydorf

One of the most significant changes Americans will soon see is the sunsetting of tax laws under the Tax Cuts and Jobs Act (TCJA) of 2017.

Posted on: June 13, 2023 | Estate Planning

Do Heirs Have to Pay Debts from an Estate?

By: Nick Leydorf

Part of estate planning is considering how future repayment of debts, both owed to the person and debts they are responsible for, will impact inheritances received by beneficiaries. A recent article from Lake County News, “Estate Planning: Debts and Estate Planning,” explains how the process works. Assets passing to a beneficiary directly, outside of probate, […]

Posted on: May 23, 2023 | Estate Planning

Why Is ‘When’ the Big Question in Estate Planning?

By: Nick Leydorf

People approaching retirement ponder numerous questions. However, I’ve found that many of the most important questions revolve around the word ‘when.’

Posted on: April 21, 2023 | Estate Planning