For many people in Macomb County, drafting a will represents a real opportunity to give something back to the community they care about. Early on in the estate planning process — or even before it begins — some individuals define a number of entities or organizations they want to help.
Our blog readers know how closely we’ve been following the housing market since the recession ended. Would it rebound as quickly as we hoped it would? Would prices ever reach acceptable levels again? How would both the personal and commercial real estate markets change in the New Year? We’ve not
When the economy tanked in 2007, the United States was in the midst of what was to become the longest recession since World War II. But as the economy slowly began to rebound, consumer confidence grew lending aid to the boom in business ventures across the nation. For residents across
Working hard, saving and investing are good ways to prepare for the future. If those preparations include estate planning, someone will have to be in charge of handling the estate owner’s assets after that person passes away. Estate administration can clear up any possible confusion over a deceased person’s debts,
Even though the National Association of Realtors announced this month that it has noticed a 1.0 percent drop in existing home sales last month, many real estate experts say that this probably won’t affect the overall growth the housing market has witnessed in the past few months. What’s the reason
As people here in Michigan are aware, landlord-tenant disputes can happen anywhere; and although many of them can be resolved without assistance from legal representation, some cases are simply too difficult to sort out without the help of a court judge. This will likely be the case for residents in
In many cases, trust beneficiaries are disabled, and Michigan residents who are in charge of trust administration may need to take steps to better a disabled beneficiary’s life. In doing so, it’s important to be aware of the legal rights of everyone involved. Readers in Oakland County might be interested
An uninhabited, private island, wedged in Florida’s Intracoastal Waterway, could be yours for only $459,000! Sound too good to be true? That’s what many Michigan residents think as news sources have picked up the story of the bizarre property sale down in Florida. But the sale of the island isn’t
There’s no doubt that commercial real estate market took a massive hit during the most recent recession. With so many companies going out of business, many shops and store fronts across the state, including here in Huntington Woods, were left vacant and unused. But according to some mortgage brokers, out-of-state
Planning for inheritance and estate taxes is essential to ensure that your loved ones and beneficiaries receive the maximum amount of your assets when you pass away. Estate planning relies on careful knowledge of both tax implications and existing laws that can affect the value of an inheritance. Those looking
There are many Michigan residents who have favorite charities. Maybe it is a charity that provides support and research to patients battling certain illnesses, like cancer or heart disease. Or, maybe it is a religious congregation that one feels particularly connected to. According to Charity Navigator, charitable bequests — meaning
At the risk of sounding mean or insensitive, it’s nice to hear that, when it comes to commercial real estate disputes, Michigan is not the only state that has difficulties it needs to work out. According to the United States government, Virginia, Maryland and the District of Columbia join the
The city of Pontiac, several miles northwest of Detroit, is continuing its legal dispute with the Ottawa Towers office buildings this year over the use of an adjacent parking garage. According to the city, the Ottawa Towers has no right to allow its tenants to park in the structure, claiming
In a December post, readers of our blog received a brief-albeit it uncertain-answer to the question: can you avoid falling over the fiscal cliff with a short sale? The answer to this question hinged on whether Congress could come to a consensus on what to do with many of the
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