Estate Planning
By: Danelle E. Harrington
An estate plan may be comprised of a will, trust, financial power of attorney and/or healthcare power of attorney and designation of patient advocate.
A will or trust will address distribution of your assets upon death. A t Continue reading
Powers of Attorney and Patient Advocate Designations
By: Danelle E. Harrington
For most people, a power of attorney is one of the most important estate planning tools available. A power of attorney is a legal document which allows a person (the “principal”) to appoint ano Continue reading
Business Entities in Michigan
By: Danelle E. Harrington
There are four main types of business entities in Michigan: Sole Proprietorships, Partnerships, Corporations, and Limited Liability Companies (LLC’s).
A sole proprietorship is an unincorporated business that is Continue reading
Effective Farm Succession Planning
By: Danelle E. Harrington
Family Farms are unique businesses. Farm children grow up working on the farm and many ultimately become next-generation owners of the business. But, while farms are family owned and oriented, they are also sop Continue reading
Adult Guardianships and Conservatorships
By Sharon A. Burgess
This article provides an overview of guardianships and conservatorships for adults. There are also guardianships and conservatorships which are established for minors and individuals with developmental disabili Continue reading
Care Contracts for the Elderly
by Sharon A. Burgess
Many families wish to obtain and provide the needed care for their families in their own homes. Without long term care insurance to assist with the cost of 24-hour care, this may not be an option for a loved one. When f Continue reading