Bank Account Beneficiaries
One of the biggest mistakes people make before they die is to fail to add a proper beneficiary designation on their bank accounts. This most often results in an unnecessary probate. In this short video, Davison, Michigan Estate Planning Attorney Sean O'Bryan explains how to prevent this from happening to you and your family.
Estate Planning: Don’t be Penny Wise, Pound Foolish
Being careful with spending your money is a good thing of course, but there are some things that are just not worth saving a few dollars on. Michigan Attorney Sean O’Bryan explains that estate planning is the one thing it is better not to cut corners on.
POD - Payable on Death Accounts
There are some relatively simple ways to get assets into the hands of your loved ones after you pass away. Though these methods can sound ideal on the surface, there will be drawbacks in most instances. With this in mind, we will look at POD accounts in this post.
A “Letter of Intent” can help your Successor Trustee
A separate “Letter of Intent” as part of your estate plan is one way to help your successor trustee by spelling out your hopes, dreams, goals, rules, and limits regarding your family.
Robin Williams was Serious About One Thing: Estate Planning
People were shocked to learn of the death of Michigan native, and comic legend, Robin Williams this past summer. In this article, we will look at the 5 strategies he used to protect his wife and children, avoid probate and taxes, fund his plan, and potentially leave a multi-generational legacy.