During this live call in episode, Tom answers caller's questions, and talks about many of his favorite places in Michigan.
Although your financial advisor is an important team member, Tom discusses the limitations that a financial advisor, who is not a licensed attorney, has in helping you with your estate plan. Tom, also, explains his law firm's unique estate plaining...
Tom explains how the Probate Court will appoint a Guardian to make your medical decisions when you can’t, and how you can avoid that with a Power of Attorney for Health Care.
Tom discusses what Wills actually do, why you need more than just a Will, and why, in fact, you might not need a Will at all.
Tom discusses how to reject an inheritance by using Disclaimers…What they are…how they work…what they are used for.
Tom talks about ways to say goodbye to a loved one who is dying; and writing a goodbye letter that will be given to loved ones after your death
Tom discuses options that you might consider if you want to include your grandchildren in your estate plan
Tom interviews Certified Funeral Planner, Steve Peckham. Steve talks about: - Pre-planning your funeral - Creating a funeral planning checklist - Involving your family in your planning - Whether you should pre-pay for your funeral - Things to know...
Tom explores the different pieces of your "Peace of Mind Planning" puzzle
Tom answers questions about Medicaid Planning, preparing a new Will when moving to another state, filing your Will with the Probate Court, telling children about your estate plan, having multiple trustees, disinheriting children, uncapping property...
Tom discusses the differences between Warranty Deeds and Quit Claim Deeds, recording requirements in Michigan, different ways to own real estate, and Ladybird Deeds.
Tom discusses what a reverse mortgage is, how it is different from a traditional mortgage, the types of reverse mortgages that might be available, and things to consider in determining if a reverse mortgage is right for you.
Tom describes what a Durable Power of Attorney is, what it does, and why it should be part of everyone's estate plan.
Tom discusses strategies that are used when parents want to keep the family cottage in the family, including joint ownership, Trusts and LLCs.
Tom explains what will happen to your estate in Michigan if you die without a Will or Estate Plan.
Tom talks about a number of strategies that you can use to keep your estate from having to go through probate at the time of your death. He, also, introduces a number of great resources if you are interested in …
Tom welcomes to his program his associate Attorney, Amanda Bevel, who leads a discussion about what probate is, and is not.
Tom talks about the number one mistake that people make after creating their estate plan... failing to update it to reflect changes that have occurred since it was created.
While no one has yet figured out how to avoid dying, Tom talks about taxes related to dying and how they might be avoided.
Now that you know what a Living Trust is and how it might fit into your estate plan, Tom talks about the importance of funding your Trust
Tom talks about What a Health Care Power of Attorney or Advanced Directive is…..why you need one…..and what can happen if you do not have one.
Tom discusses 2 new pieces of legislation that were signed last last week by Gov. Snyder. One authorizes appointment of a “Funeral Representative” who can make your funeral arrangements. The other, the “Fiduciary Access to Digital Assets Act”, creates...
First of a 2 part series on Living Trusts - what they are, how they work, when you might consider having one, and what it means to fund a trust. Tom, also, introduces our new weekly Michigan Trivia contest.
Tom talks about Certificates of Deposit as investments, and how to increase your CD yields by using a CD ladder.