Discover the best places to store your will with this guide from an estate planning lawyer. Explore pros and cons of home safes, safe deposit boxes, online storage, and more.
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Estate Planning is about ensuring that there is a plan for what happens to you, your belongings, your children, and your assets after you pass on or become incapacitated. Whether you have millions in assets or are living on a pension, having an estate plan is crucial to making sure you leave behind a legacy that is respectful and deserving of you and your family.
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It’s never too early to start planning for the future! Becoming a parent is an amazing experience, but it also brings immense responsibility. Estate planning is a crucial step to ensure that your children are taken care of and your wishes are respected. Check out our blog to learn more about the importance of estate planning for new parents!
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An often-overlooked aspect of estate planning that is becoming more and more relevant each day is the handling of your social media, email, and other online accounts.
While we don’t have a true “digital afterlife” as depicted in Amazon’s new show Upload (not yet at least), your online accounts contain a treasure trove of personal information, data, photos and other valuable assets such as digital downloads, reward points, credit vouchers, cash, and cryptocurrency.
Unless you proactively plan for these digital accounts, your online life, after death, might continue indefinitely in ways you didn’t envision - with no one having any power to change it.
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This is a compiled list of all the Federal, Michigan, & Detroit Programs that are available for Small Businesses Affected by the Coronavirus.
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With the arrival of the Coronavirus, Detroit small businesses might begin asking very important questions: (1) Do they have to pay for goods or services pursuant to a contract while they are closed? What about rent? (2) Conversely, do they need to deliver on their promise to provide goods or services if they are unable to perform? The answer depends on what your FORCE MAJEURE contract clause says.
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Don’t take this the wrong way – I hope you and your family stay healthy and safe, but in the event you or a loved one gets sick and needs to go to the hospital or self-quarantine, it is critical that you have a plan in place that addresses certain medical and financial matters.
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If you are from Metro Detroit, you have likely already heard of the recent court battles that are being fought over the late Aretha Franklin’s estate. The most recent court appearance featured multiple factions of her family vying for control of the late singer’s substantial estate, which was eventually placed under the supervision of the Oakland County (Michigan) Probate Court.
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Despite the buzz around smart contracts and the future of commerce, for those currently providing services in the blockchain and cryptocurrency industries, the written contract is still king protocol.
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