Many millennials may not automatically think that they need to create an estate plan. That, however, is far from true. Many elements of an estate plan can benefit people in the millennial generation, especially once they become parents. Identifying a person or people...
Trenton Legal Issues Blog
Can my adult disabled child receive SSDI?
A portion of an employed person's earnings may go to Social Security, funding their retirement or potentially providing financial benefits to them should they develop a disability. The person's adult child may also receive Social Security Disability Insurance benefits...
Get the facts about young adult disability
Young adults who can no longer work may have difficulty qualifying for Social Security disability insurance. However, a debilitating injury or illness can occur at any age. The Social Security Administration indicates that 25% of 20-year-old Americans will become...
Mortgages, debt and divorce
Financial problems may plague a couple while married but may even continue once they have divorced. Identifying all debt and determining which person will be responsible for repaying which debt may create challenges during a divorce. Spouses should understand how...
A primer on residential easements
When you have decided the time is right to purchase your very first home, you may find a property you love and eagerly want to make your offer to the seller. However, before moving too quickly, you should learn about the different things that may impact how you or...
Modifying parenting plans for the school year
As the school year begins in Michigan, divorced parents of school-aged children can benefit from reviewing their current parenting plan and making updates. Keeping your child’s best in mind and working through contingencies that address schedule changes and unexpected...
3 common estate planning mistakes to avoid
Proper estate planning gives you the opportunity to maximize the value of your assets and allows you to make informed decisions about the handling of your estate. Estate planning is a unique process that allows you to customize what you want to happen with your...
How the U.S. Social Security Administration defines “disability”
Not everyone who applies for Social Security Disability Insurance gets approval for it the first time around. In some cases, you may be able to find success through filing an appeal, but this depends on several variables, including whether you meet a very narrow...
What should you expect on your real estate closing day?
When you buy a new home, your closing is the final step of the process. The Home Buying Institute explains that at closing, you, the seller, your mortgage lender representative, your title insurance company representative and your escrow agent all meet together to...
What do you know about managing an aging loved one’s finances?
Your aging parents may not only need help physically, but financially, too. You do not have to send them money, but you want to help them manage the funds and protect their financial health. AARP offers suggestions on how to manage another's money the right way....