Warren Estate Planning Blog
Understanding core assets and excess assets in retirement
Careful estate planning is essential for a peaceful retirement in Michigan. In general, retirees must plan how they will finance their retirement with core assets and what portion of their excess assets they want to leave to beneficiaries. The first step to planning...
What rules must landlords follow?
Rental income could provide a great way for someone to recoup money on a real estate purchase. Converting floors or rooms in a Michigan house into apartments might not be challenging, but troubles may arise when attempting to follow the law for renting to tenants. Not...
When can a landlord bring a tenant to court?
Michigan landlords have certain legal rights in regard to their relationship with tenants. These include a delineation of specific situations in which a landlord can take a tenant to court or sue that individual. Generally speaking, there are 12 instances in which a...
How estate planning can help when life changes
When life changes, often your perspective changes. For example, this past year, many families lost loved ones in the pandemic. Those who were older likely took additional steps to prevent themselves from getting sick and potentially ending up in the hospital. Others...