Warren Estate Planning Blog

Compiling a comprehensive estate plan has many potential upsides. Creating a will or a trust that keeps beneficiaries from dealing with Michigan interstate laws might make things less stressful and more productive for survivors. Crafting other elements of an estate...

High-net-worth families in Michigan have a short window to take advantage of the higher estate and gift tax exemptions offered by the Tax Cuts and Job Act (TCJA). If these are allowed to sunset on Jan. 1, 2026, estate gift and generation-skipping transfer tax...

If you are creating an estate plan, you may have decided to use a trust as your primary tool for distributing assets to your Michigan beneficiaries. Many people prefer a living trust because it allows them to make changes to it, unlike an irrevocable trust. However,...

In Michigan, when families consider how to treat heirlooms in their estate plan, it’s essential to remember these items often represent threads that connect generations; they are not merely objects. By carefully navigating the planning process, you can ensure family...

Filing for bankruptcy may allow you to discharge credit card, medical and other types of debt without losing property such as your Michigan home. However, there are multiple questions that you should ask yourself before doing so such as what type of bankruptcy to file...

Having someone else live in your Michigan home might not be something you're considering. However, thinking about your property's future owners is smart to do before it's too late. Fortunately, by learning estate planning tips, you can resolve home-related matters...

You work hard to accumulate everything in your Michigan estate. Understandably, you want your hard-earned assets to go to people or organizations of your choosing. When mistakes happen during the probate and estate planning processes, they sometimes lead to a problem...

If you're a high-net-worth individual in Michigan, you likely want to make sure your children or other heirs are cared for in the event of your passing. And that means not just leaving them money or other assets, but ensuring that they're able to live a secure and...

When going through the estate planning process, one of the things you need to do is appoint an executor. However, the task for some Michigan residents may be difficult as they don't have family members or close friends whom they trust to fulfill their wishes. If this...