Many times when an individual has been diagnosed with a disease such as Parkinson’s, progressive dementia or Alzheimer’s our immediate concern is to whether or not that person is competent to execute legal documents. In a recent case, the Court has decided that a person is deemed to have mental competence if they possess sufficient […]
Entries from August 2010
Compentency Issues
August 26th, 2008 · 1 Comment
Tags: Lawyers
A SPECIAL INVITATION
August 21st, 2008 · No Comments
Dannielle Redmond Streed will be presenting a seminar with the KALAMAZOO COMMUNITY FOUNDATION on September 16, 2008. Join us to learn how you can leave a charitable legacy that will support our community for generations to come, reduce or eliminate estate taxes, and at the same time accomplish other estate planning goals.
You can contact our […]
Tags: Lawyers
Winning the Lotto Versus Receiving an Inheritance
August 19th, 2008 · No Comments
Statistics show us that when people receive large sums of money that they have not earned or worked towards, those funds are typically gone in a very short period of time. For example, history has shown that individuals that have won the lottery approximately 65% of them have subsequently filed bankruptcy. Additionally, statistics show that […]
Tags: Lawyers
Definitions for Estate Planning
August 14th, 2008 · No Comments
Having Estate Planning documents is important, but understanding the terminology within the documents is important as well.
The following are terms that you may find in Estate Planning documents and their definitions:
Fiduciary: A person hold the position of Trustee or someone who has been placed in a position of confidence and must act with good […]
Tags: Estate Planning
Blended Families and Estate Planning
August 6th, 2008 · No Comments
Estate planning for blended families can be both challenging and emotional, but ignoring the issue altogether is never a solution. Today’s blended families typically include both children from previous marriages and assets from previous marriages. Often, a blended family is made up of children from a previous marriage and many times children of that second […]
Tags: Estate Planning