Examples of Authority Usually Granted in a Genearl Durable Power of Attorney: To make deposits or withdrawals from your bank account or cash management accounts or to open new ones in your name. To buy or sell your stocks, bonds or other assets as...
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Copied from Lawyers Weekly Newspaper dated 1/20/2020 (This Week's Decisions Segment) Where a defendant who co-owns real property with the plaintiff, her son-in-law, as tenants in common has contended that the plaintiff does not have a statutory...
Documents called a Durable Power of Attorney and Health Care Proxy, which give authority to an agent which continues despite the disability or incapacity of the make of the power. It is a substitutue for a court-appointed guardian or...
So, what does all this mean to you? Fortunately, for the purposes of the new 10-year payout requirement, the rules for determining how beneficiaries are designated do not come into play until the death of the original account holder. This reprieve...
The SECURE Act allows most beneficiaries a maximum deferral of 10 years. Unless one of the following four exceptions to this new rule applies, the entire balance of the account must be paid out within 10 years of the original account...
On December 20, 2019, President Donald J. Trump signed the Setting Every Community Up for Retirement Enhancement Act of 2019 (“SECURE Act”) into law. If you have a retirement account and/or if you anticipate being named as a beneficiary...
Lawyers Weekly, "This Week's Decisions" dated 12/23/19 Where a judgment of divorce nisi granted the parties joint legal custody of their two minor children, the award of joint legal custody was not adequatey supported by the judge's...
Aretha Franklin left no will when she died at the age of 76, according to documents filed in a Michigan court, which could result in details of her personal finances being made public. In documents filed with the Oakland County probate court, Ms....
The year is still young......PLEASE think (more importantly DO something) about planning ahead.The outreach message we're hoping Kathy and others can continue to sow amongst any and all fifty (50) or older penetrates more deeply the more we run...
This office has been involved in a number of will contests. There is a specific procedure to be followed. You must file an appearance before the return date of a formal proceeding; or file your own petition for formal administration of contesting a...
