Tag Archives: Trust
By: James M. Simasko, Attorney at Law. Macomb County, Michigan. Most people spend more time each year planning a vacation than they do creating or reviewing their Estate Plan. Life is constantly changing and at the minimum, you should take the following steps on a periodic basis. Create a Will and Trust. Review these documents after life changing events, i.e. marriage, divorce, a death or birth, a new job, nursing home or long term care admission, etc. Make sure your estate administrator or a close loved one has copies of or access to these documents when they are needed.
By: Jeff M. Burns, Attorney at Law. Macomb County, Michigan. To easily understand the importance of estate planning, search the Web for “the Estate of Spicer H. Breeden.” The case depicts a tragic story that ended with the heartbreaking and untimely death of a beloved reporter from Denver and the suicide of a wealthy Denver socialite. Spicer Breeden was the great-grandson of Charles Boettcher. Mr. Boettcher was a tremendously successful Denver entrepreneur. At age 95, he told Time magazine: ”I like to work. I’ve worked hard all my life, and I suppose I’ll keep working as long as I can raise a hand.” His great-grandson, on the other hand,