by Alexander W. Hermanowski | Feb 13, 2018 | Estate Planning
What does Estate Planning mean in Michigan? Estate planning can mean many different things and is different for different people. Some people in Michigan view estate planning as having life insurance because they will have something in place for their loved ones if...
by Alexander W. Hermanowski | Feb 2, 2018 | Estate Planning
When people start having families, start getting older, or diagnosed with an illness, they often consult with a lawyer to have them draft Powers of Attorney for Healthcare. It makes sense because there is a distinct possibility that they might need to use...
by Alexander W. Hermanowski | Dec 12, 2017 | Estate Planning
Many people manage their own affairs whether that is paying the electricity bill, mowing the lawn, funding a retirement account, making sure that insurances are up to date, among other things. One area that many people neglect in Michigan is creating instructions on...
by Alexander W. Hermanowski | Nov 27, 2017 | Estate Planning
Trusts are not just for rich people. A number of years ago many people had trusts in Michigan because of federal and state estate taxes. Those taxes could sometimes be over 50% of the estate. The non-taxable amount was very low at that time and people needed a...
by Alexander W. Hermanowski | May 12, 2017 | Estate Planning
In Michigan, a healthcare power of attorney is a legal document that provides instructions to healthcare providers on what you want to happen when you can no longer make decisions for yourself. These powers of attorney designate another person to make medical...