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How to Plan for a Medicaid Crisis

Nobody wants to face a Medicaid crisis in which an elderly loved one unexpectedly requires expensive, long-term care but is ineligible for government assistance. However, all too often, residents of Grand Rapids suddenly require nursing home care and are told that they have too many...

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When Should You Get Life Insurance?

Almost inevitably, there are final expenses to pay and accounts to settle when a loved one dies. So, life insurance is an integral part of an estate plan, because it gives the personal representative funds to deal with these items. Certain kinds of life insurance...

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Planning For Your Pets After You Die

A New York woman made headlines about a year ago when she revised her will to leave $1 million to her Maltese terrier. When 60-year-old Rose Ann Bolasny dies, Bella Mia will inherit a vacation home, a trust fund, and jewelry. The dog, whom Ms. Bolasny...

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Leaving Your Inheritance To Minors

Legally, minors cannot own property or make contracts, and that may be the best reason to partner with an experienced trust attorney regarding such vehicles for minor inheritance. There are some other reasons as well, because settlors (people who make trusts) may want to create...

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Different Kinds of Michigan Trusts

A “trust” is something you might associate with wealthy socialite families. But trusts are actually a common Michigan estate planning device used by individuals from all social and economic backgrounds. There are, in fact, many different kinds of trusts that may be helpful to your...

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Coping With Memory Loss

It is not unusual for an elderly parent or other relative to experience an occasional memory lapse. But frequent or prolonged memory lapses may indicate the existence of a more serious problem. Memory loss is often the first sign of dementia, which can affect an...

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How to Avoid Estate Planning Fraud

Estate planning fraud has become an increasingly common problem in recent decades, especially for the elderly. Fortunately, fraud can be detected at an early stage through careful planning and taking precautions, so if you are concerned that an elderly relative is being taken advantage of,...

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