P. Haans Mulder

A home is an incredibly important asset. On a basic level, it’s a place you live and use to be sheltered from the outdoors. On a relational level, it’s a place you raise your family. On a financial level, it’s an asset you expect to appreciate in value and one day be able to sell

For a number of years, estate taxes haven’t been a major planning issue for many people. Since 2012, the amount you can protect against the estate tax (known as “exemption”) has been rising and in the last six years alone, it’s gone up significantly. In 2024, the exemption is $13.61 million per person. But, the

Owning a home comes with a lot of challenges. One of them is incorporating it into your estate plan. It used to be a fairly straightforward process. If you created a revocable living trust, you’d transfer your house to that trust and you were done. Today, there’s a lot more to think about when doing

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

Estate planning is in part about having peace of mind that “you’re all set.” In other words, you’ve put together a plan that will play out the way you intended upon your disability or death.If you’ve done an estate plan, you should still ask whether “you’re all set” every once and a while. Getting a