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Emma Smith's Blog – December 2020 Archive (3)

Estate Planning Tips You Should Know

No one wants to think about their preferences for end-of-life care. However, it’s important to outline how you want your finances and medical care handled in the event you are unable to advocate for yourself. An estate plan not only outlines end-of-life care, but can also list power of attorneys who can look out for your medical and financial well-being if you are incapacitated. Keep reading to learn how estate planning can give you peace of mind during your autumn years. For more…

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Added by Emma Smith on December 23, 2020 at 6:47am — No Comments

What is Divorce Mediation?

Our divorce attorney understands that not all disagreements need to be settled in court. If you’re interested in avoiding public court proceedings, we highly recommend divorce mediation. A mediator is a neutral third party that facilitates compromise between divorcing spouses.

Continue reading to learn whether mediation would help your case. For more information, reach out to our best divorce lawyers grand rapids mi to schedule…

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Added by Emma Smith on December 17, 2020 at 5:54am — No Comments

What If My Spouse and I Want a Joint Trust but Keep Our Accounts Separate?

This can be a common question, especially in a second marriage or blended family situation. For the quick answer, it is difficult to maintain a joint trust and keep your financial accounts separate but not impossible.

Couples who own joint real estate typically like keeping a joint trust because it is simpler to have one trust own the property entirely, rather than having each of their trusts hold a half interest in the real property. By having a joint trust it is more comfortable to…

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Added by Emma Smith on December 16, 2020 at 11:54pm — No Comments

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