Warren Estate Planning Blog
How can landlords manage tenants who pay rent late?
Late rent payments can disrupt a landlord’s cash flow and cause unnecessary stress. Consistently late-paying tenants can also create tension in the landlord-tenant relationship. Employing proactive strategies can help landlords address this issue while maintaining a...
5 essential people you should have in your last will
Creating a will involves more than just deciding who gets what. You want to ensure your loved ones remain protected and your wishes get carried out exactly as you planned. Aside from naming your beneficiaries, there are specific key roles your will should address to...
What causes family conflict during probate?
Serving as an executor or personal representative of a loved one’s estate can be understandably daunting. You must comprehend Michigan probate laws, inventory assets and manage family concerns, all while taking note of strict probate deadlines. If this is your first...
How can you avoid probate in Michigan?
Losing a loved one is hard for those left behind. It’s an emotionally challenging time when everything can feel overwhelming. Sadly, the probate process usually adds a new layer of stress during this time. Any delays or issues your loved ones might encounter make...
What are valid legal reasons to evict a tenant?
Evicting a tenant is challenging and never an easy decision for a landlord. Still, sometimes it becomes necessary to maintain the integrity of the rental property and ensure a safe living environment for all residents. Landlords must adhere to specific legal...
What to do once appointed as an executor in Michigan
Taking on the role of executor in Michigan is a big responsibility. Follow these steps to carry out your duties effectively: Secure the estate Your first task is to protect the deceased's property. This means locking up the home, safeguarding valuables and informing...
What are the key steps to setting up a pet trust?
Many pet owners want to ensure their furry companions receive proper care if they pass away or become incapacitated. Including a pet trust in an estate plan provides peace of mind and clear instructions for a pet's future care. Here are some key legal considerations...
How lease renegotiation can benefit you as a landlord
Some would say it is an open secret in the real estate industry that the sector is experiencing strong headwinds—maybe even a looming hurricane. Office vacancies are up, and nearly $2 trillion in loans nationwide are set to mature in the next three years. As a...
What are Lady Bird Deeds in Michigan?
A Lady Bird Deed allows you to name a beneficiary who will automatically inherit your property upon death. Unlike a traditional life estate deed, you retain complete control over the property during your lifetime. You can sell, mortgage or change the beneficiary...
Can partial payments reset the eviction clock?
When rent is overdue, the eviction process begins. If a tenant makes a partial payment, does this reset the timeline and extend their stay? The landlord may start the eviction process as soon as the tenant falls behind on rent. The landlord must first serve a notice,...