On November 7, 2023, Michigan adopted a new financial power of attorney law. It joined 29 other states in passing what’s called a uniform law. In other words, Michigan now has a financial power of attorney (sometimes called a “POA”) that’s consistent with 29 other states in the country. In this new law, Michigan has […]
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Michigan Court of Appeals Affirms SBO Trusts In the recent decision of Hegadorn, the Michigan Court of Appeals delivered good news to married couples facing expensive long term care. It affirmed a Medicaid planning technique that helps married couples preserve their assets. Specifically, it upheld the use of what are called solely for the benefit
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