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News & Helpful Articles

The Dos and Don’ts of Choosing a Medicare Plan

When it comes time to choosing a Medicare plan, it can be difficult to know which type of coverage is best for you. We understand how complicated insurance plans can be, especially when you are an older adult in need of frequent medical care and prescription drugs. The important thing to remember is that different plans can be better or worse for your needs, and you can always seek advice from an experienced Grand Rapids...

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Top 3 Questions We Receive About Estate Planning in Grand Rapids, MI

You might have heard friends and family members discussing the values of estate planning, and you may have wondered whether you should be talking with an estate planning attorney. Generally speaking, nobody likes to think about estate planning, from questions concerning end-of-life care to wills and inheritances. Yet regardless of age, it is extremely important to think about estate planning and to discuss your options with an experienced Grand Rapids estate planning lawyer. Indeed, estate...

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Creating a Comprehensive LifePlan | Law Offices of David L Carrier

Why Estate Planning Goes Beyond Just Avoiding Taxes

While estate planning is important for avoiding unnecessary taxes and for making sure that your assets are passed on to the next generation in accordance with your wishes, there is another benefit that is rarely talked about. Establishing a LifePlan and having your financial affairs in order can afford you a tremendous amount of piece of mind. You’ve worked hard for what you have and having a solid LifePlan can help you thrive and enjoy...

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Paying for Long-Term Care in Michigan | Law Offices of David L Carrier

The True Cost of Long-Term Care in Michigan

We all hope to live long healthy lives, but this dream can be expensive, especially if you live in a nursing home in your old age. According to the National Center For Health Statistics, approximately 1.4 million Americans currently live in long-term care nursing homes across the country. In Michigan, the typical cost to rent a room in a nursing home that has two residents to a room and four to a bathroom is approximately...

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Creating a Will or a Trust in Michigan | Law Offices of David L Carrier

The Difference Between a Will and a Trust in Michigan

While each state has its own set of laws that govern wills and trusts within the state, the general principles are quite similar across the entire country. In fact, sixteen states, including Michigan, have adopted the Uniform Probate Code (UPC) in an effort to standardize the state laws that govern wills and trusts. Therefore, in order to examine the the key differences between a will and a trust in Michigan we must look to the...

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Senior Couple Reviewing Trust with Estate Planning Lawyer | Law Offices of David L Carrier

Common Mistakes Made With Trusts in Michigan

Trusts are a great estate-planning tool that can be used to manage how your assets will be distributed to your beneficiaries. The basic concept is that you put assets into a trust and name a trustee who is in charge of holding and managing those assets for the benefit of the trust’s beneficiaries. While this premise sounds simple enough, trusts must be created in a particular way in Michigan in order to be valid and...

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Senior Black Man Having Blood Pressure Taken by Nurse | Law Offices of David L Carrier

Nursing Facility Transition (NFT)

Do you have a loved one in a nursing facility who would like to return home? The Nursing Facility Transition (NFT) helps those currently living in a nursing home move into a house, apartment, or assisted living and helps put necessary services in place. Individuals work with a Transition Specialist who will explain the process and conduct an assessment to determine what services would be needed in order to transition out of the nursing home. They will...

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Fiduciary Access to Digital Records

Who gets control of your Facebook, email and other cyber accounts after you die? Michigan has enacted the Fiduciary Access to Digital Assets Act that will let account holders plan ahead and grant others access to the accounts after the owner has passed away.   ...

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Deed Protection and Medicaid Eligibility

[vc_row css_animation="" row_type="row" use_row_as_full_screen_section="no" type="full_width" text_align="left" box_shadow_on_row="no"][vc_column][vc_column_text]Medicaid imposes stringent limits on income and assets of recipients, consistent with its mission to provide a health care safety net for the poor and for those whose personal resources are insufficient to pay the full cost of care. In order to fulfill this mission, Medicaid also recovers expenses paid on behalf of recipients from their estates under certain circumstances. Medicaid is the largest source of funds for institutional...

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