News & Resources

The law can seem like a daunting and complex tangle. The attorneys of Cunningham Dalman are here to help. If you require legal representation or would like to seek advice from a law expert, we hope you’ll talk with someone at our firm. We also encourage you to learn more about legal issues that matter to you. On this page you will find valuable information about many different aspects of the law. We encourage you to spend some time browsing this collection of posts written by Cunningham Dalman attorneys.

What You Should Do to Help an Aging Parent

Talking to a parent about their finances and estate planning can be a difficult discussion to start. It’s important to convey that you respect their privacy and are not prying for the wrong reasons. Here are a few discussion points if you are able to start the conversation: • Durable Power of Attorney for Health

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When Neighbors Dispute Property Lines

So your neighbor just had his land surveyed, and you see stakes on what you thought was your property. Now he’s telling you that you need to move your fence off “his” land. Now what?   Long-held lines of occupation will prevail over a survey, even assuming the survey is accurate. Imagine the chaos if

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Keep Property Taxes Low for the Next Generation

Due to a new law that took effect on December 31, 2013, it’s now possible to pass residential property to certain relatives without increasing the tax burden on them. This law essentially allows property to be kept in a family longer because the future generation will pay the same level of property tax that the

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Buying Land to Build on Requires Extra Considerations

Buying a house is one thing. Buying land to build a house on is even more complex. Among the issues you need to consider if you plan to buy land to build on: The seller’s title, supported by title insurance A staked survey showing the property boundaries and any easements Zoning as it affects what

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A lot of what I do as an estate planner involves helping people to have the most efficient (read: “inexpensive”) method of transferring their estates to their loved ones, or designated charities. One of the most inexpensive ways of transferring assets upon death is with a beneficiary designation. Life insurance, annuities and Individual Retirement Accounts

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What to Expect When Transferring A Liquor License

Transferring a liquor license in the state of Michigan involves three parties: the seller, the buyer and the state. While the state does not take any ownership of the license, it certainly plays a role. Any agreement between the buyer and seller will be scrutinized and ultimately approved or denied by the Michigan Liquor Control

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Condominium Association News

We have seen a few recent developments in condominium association operations. 1. The first is a change in the Condominium Act. An amendment that went into effect in January 2014 requires condominium associations whose annual receipts exceed $20,000 to have an annual audit by a CPA. This requirement applies to existing condominium associations, not just

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Timeshares Can Be Poor Investments

If you have considered buying a timeshare to escape the winter blahs in a sunnier clime, you may want to think again. Often, timeshares turn out to be poor investments. Timeshare units are often hard to sell and they have high annual fees ($200 to $1,000 per year, with several hundred dollars typical) used to

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Have Your Assets Increased In Value? Be Aware of the Taxes On a Sale

Having assets increase in value is very beneficial, but it does not come without its challenges. For most assets, the increased value is subject to either individual income tax or capital gain. Simply put, income tax is generated from your “own efforts” while capital gain results from your :investments.” The amount of individual income tax

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