Monthly Archives: January 2011

Titling Assets

Did you know that your estate does not necessarily avoid going through the probate court process just because you established a living trust?  You must also arrange to transfer “titled” assets, with some of them going into your trust.  The … Continue reading

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Mental Capacity

On our “Frequently Asked Questions” page we discuss the issue of incompetence or other disability.  How is this matter defined under Michigan law?  In Michigan, an individual who is 18 years of age or older and who has sufficient mental … Continue reading

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Status of Federal Estate Tax

In our last posting we mentioned the “Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010” (how is that for a name!) and the changes it brought to the federal estate tax.  The new legislation also provides some flexibility for the … Continue reading

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Milford, Michigan attorney announces new Web site

Milford, Michigan attorney, Rich O’Brien, is happy to announce the launch of the firm’s new Web site at: www.milfordmilawyer.com/. Please take the opportunity to view the site for the Law Firm of Rich O’Brien, PLLC.

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Estate Tax Update

As my estate planning clients have been advised, estates valued higher than the Federal Gift and Estate Tax exemption amount will be subject to the Federal Estate Tax unless effective estate planning was in place prior to the death of … Continue reading

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