There are aspects of the law in Michigan and elsewhere that can affect you or your family. Simple facts can often change the way you approach a particular situation when you're thinking of legal representation. Here are issues that I experience most often in my practice.
I add to this section from time to time so be sure to come back often.
Having a Will Requires Probate
A Living Trust Can Avoid Probate
Intoxication is Defined By Law
In Divorces, Alimony is Neither Automatic nor Rare
Joint Ownership of Assets may not be the Best Way
Doing Business as a Corporation Can Protect Personal Assets
Having a Will Requires Probate
Most people are not aware that a "WILL" is only effective to transfer assets after death and only if it is admitted to Probate. A "WILL" MUST be verified and your assets distributed through the Probate Court process
Top of Page
A Living Trust Can Avoid Probate
Probate is necessary if you die with assets that are in your name alone. Probate can be avoided by transferring assets from your name into the name of your Living Trust.
Top of Page
Intoxication is Defined by Law
Michigan law defines intoxication as having a blood alcohol level equal to or greater than .08. A person tested with this level (or higher) is legally intoxicated.
Top of Page
In Divorces, Alimony is Neither Automatic nor Rare
Judges consider the Length of Marriage, Age, Income and Health of both parties is awarding alimony. Many times, the awarding of alimony can be quantified through the use of the Alimony Guidelines.
Top of Page
Joint Ownership of Assets May Not be the Best Way
While joint ownership may avoid probate (assuming the other party still lives) its final cost may make it more expensive than it is worth.
Top of Page
Doing Business as a Corporation Can Protect Personal Assets
People want to go into business thinking they are not risking their own personal wealth and possessions. Protect what’s yours by incorporating your business—then make sure that you keep your personal assets out of your business assets and vice-versa.
Top of Page
|