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Responsibilities of an Executor

Responsibilities of an Executor from The Law Offices of David L. Carrier Every estate, whether through a will or a trust, needs an executor or estate administrator to handle the execution of a will or the disbursement of a trust. The job is more complicated than it may initially sound, as there are a lot of loose ends that must be tied up after someone’s passing. The Basic Responsibilities of an Executor Essentially,...

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Thorough Estate Plan

The Consequences of Not Having a Thorough Estate Plan

There’s a common misconception that living trusts are only for wealthy people with lots of assets. Many people also mistakenly think a will is all they need to ensure their end-of-life wishes are satisfactorily executed. Although a will is certainly better than having no plan at all, establishing a trust can minimize the hassle your family faces following your passing.

Reason Your Need Life Insurance

Why Do I Need Life Insurance?

Why Do I Need Life Insurance? from DavidCarrierLaw Life insurance is essentially money paid after your death to the beneficiary you name on your policy. You pay a premium every month to maintain the policy. There are many reasons to have life insurance: Support your family in the event they lose your income stream Pay off debts you may have incurred so your family isn’t stuck paying them in your absence Pay for...

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Choosing a Guardian for Minor Children

Who Should You Name as Conservator and Guardian for Your Minor Children in Your Estate Plan?

Establishing an estate plan is important for everyone, but it can be especially important for parents with young children. No one likes to contemplate the worst-case scenario, but it’s preferable to be prepared for all eventualities. Failing to name a conservator of your estate or guardian for your children in the event of you and your spouses’ death or incapacitation means a government bureaucrat will make the decision for you if the unthinkable were to occur.

shopping bags at mall

“A Night of Shopping” Benefiting The Walk To End Alzheimer’s

The Law Offices of David L. Carrier are hosting 'A Night of Shopping' open house to raise funds for The Walk to End Alzheimer's. Join the community and shop to your hearts content. This event is free to attend. 10% of all purchases go directly to support the Alzheimer’s Association. Invite your friends, family, neighbors! Find these and other outstanding direct selling retailers. Premier Designs Inc. Style Dots Scentsy Tupperware LulaRoe Thirty-One Mary Kay Arbonne The Pampered Chef WHEN: Tuesday, September 12, 2017 6:30pm...

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Funding a Trust in Michigan

What Does it Mean to Fund a Trust and Why Should I Do It?

A Quick Overview of Trusts

Trusts are essentially estate planning vehicles that allow the trust maker, or “grantor,” to seamlessly transfer control of assets to beneficiaries should the grantor pass away or become otherwise incapacitated. Once a trust is created the grantor can transfer the ownership of their assets from themselves to the trust.