Every estate plan is different. Despite the size of an estate or the value of any assets, an estate plan is pretty much the same process for all Michigan residents who want to protect their family and also protect all for which they have worked. For those who have not
A group of property owners has requested the U.S. Bankruptcy Court if it can issue an eviction notice to a bankrupt construction company that is inhabiting an investment property in Grand Rapids, Michigan. The petition was filed on July 16. Allegedly, the construction company has failed to pay over $45,000
Before entering into any real estate transaction, buyers must have a thorough understanding of everything that is — and isn’t — stipulated in the contracts. Prospective buyers who do not have legal or real estate professionals review the contracts before signing may find themselves in a sticky situation as one
Office space in downtown Grand Rapids, Michigan, became more popular during the first six months of 2014. Several buildings were bought and sold, and the owners of some buildings announced remodeling and/or repurposing plans. As a result, downtown Grand Rapids has been experiencing a minor boom and a rise in
Abandoned and dilapidated residential properties have been torn down throughout Michigan after the U.S. Treasury Department allowed money from the “Hardest Hit” foreclosure relief fund set up by the Troubled Asset Relief Program to be used to take down the homes. Now, it looks like the same thing may be
A zoning change in the city of Grand Rapids could lead to a series of undesirable effects, according to residents in the area. The city commission is working to decide whether to permit purchases and sales of a corner lot on Seward Ave NW and Lake Michigan Drive. If approved,
Town officials in Saginaw, Michigan, are thinking of making a change to the way that water customers are allowed to open up new accounts. Until now, they had been asking people for $100 when they started an account, but they are discussing a move that would raise that total to
Whenever a celebrity dies, the news is typically flooded with every last detail of their demise. Then, details about the value of their estate may be made public also. One way to avoid having these details made public is for celebrities or others who have a high value estate to
A new tactic is being used in West Michigan to finance rental properties, and it is one that many people may be familiar with by now: Crowdfunding. The popular tactic has been used for many other types of projects, but a new site that is being launched is aimed at
Bedrock Real Estate Services recently announced the purchase of the building that’s home to the Detroit Media Partnership. The price of the Michigan investment property has not been disclosed. However, Detroit Media Partnership’s president expressed happiness about the sale and the fact that Bedrock will be the building’s new owner.
The entire estate-planning process can be tricky for families to navigate. It may be challenging for an elderly family member or spouse to disclose assets and financial information to the people to whom they may be closest. However, the more transparency there is when it comes to an inheritance and
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