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Legacy Planning: The Ultimate Gift

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Why Would I Put My Home in a Trust?

When you purchase and own a home, your name is on the title to the property, indicating ownership. However, you can transfer ownership of your residence to another person or entity in the form of a real estate trust.
06/02/23 • by: Law Office of Michelle Adams
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How Estate Planning Protects Unmarried Couples

It is very important for unmarried couples to execute estate planning documents to make their wishes clear concerning the rights and responsibilities of their significant other.
06/02/23 • by: Law Office of Michelle Adams
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Inheritances When Unequal Is Actually Fair

There are times when it makes sense to leave more to one child than another.
06/02/23 • by: Law Office of Michelle Adams
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Is Aretha Franklin’s ‘Voice-from-the-Grave’ Having an Impact on Litigation Over Estate?

Thursday brought one of the most dramatic courtroom moments so far in Aretha Franklin’s long-running estate saga, as a judge heard 20 minutes of newly uncovered voicemails left by the Detroit star shortly before her death.
05/24/23 • by: Law Office of Michelle Adams
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Estate Planning Requires Clear Direct Language, or Does It?

Contrary to what you might expect, using precatory language such as ‘I wish’ or ‘I hope’ can play an important part in three estate planning objectives.
05/22/23 • by: Law Office of Michelle Adams
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How to Pre-pay for a Funeral

There are two primary ways to pre-pay for a funeral: via either pre-need funeral insurance policies purchased through a funeral home, or by setting up a funeral trust with a bank or financial institution. Each method works a bit differently.
05/22/23 • by: Law Office of Michelle Adams
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Protecting Assets with a Trust vs. Limited Liability Company

To protect assets effectively, you have to store them in the right legal entity. However, that can depend on whether you’re looking to protect business assets, avoid estate taxes, or protect personal assets from legal liability while running a business.
05/22/23 • by: Law Office of Michelle Adams
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Protect Cryptocurrency in Your Estate Plan

Cryptocurrency has become a new wrinkle in the development of an estate plan.
05/22/23 • by: Law Office of Michelle Adams
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Do Joint Accounts With Rights of Survivorship Work?

Joint accounts may seem like an effective way to prepare if parents need help with finances as they get older, but unexpected problems could crop up.
05/22/23 • by: Law Office of Michelle Adams
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How a Special Needs Trust Protects Loved Ones

While it may not seem necessary when a child with special needs is young, setting up a trust to ensure their financial stability is better to be done sooner rather than later.
05/22/23 • by: Law Office of Michelle Adams
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