How do you fund a buy-sell agreement?
Buy-sell agreements are contracts behind business partners that spell out how a partner’s share in the company will be obtained by the remaining partners when the partner in question dies or otherwise departs. But a buy-sell agreement doesn’t do much without a plan to fund it. Funding a buy-sell agreement involves securing the necessary money to facilitate … Read more
3 tips for creating effective powers of attorney
Adults in Michigan need to both plan for their eventual deaths and also what they want to happen should they experience some type of medical incapacitation. Powers of attorney are among the specialized documents that the state of Michigan will recognize during someone’s incapacitation. Those who add powers of attorney to their estate planning paperwork will have … Read more
What is an emergency bankruptcy filing?
In some cases, those who file for bankruptcy have been considering this opportunity for a long time. They’ve been slowly watching their debt become insurmountable. They may have been looking into all of their legal options and trying to determine what will work the best. But in other cases, filing for bankruptcy is an emergency … Read more
What is a breach of fiduciary duty in estate planning?
While estate planning and thinking about what to do with your assets and estate is not the most pleasant situation, it is nonetheless a necessary one. If you do not make your wishes clear and do not establish parameters for how you want your estate to be handled, others will have no choice but to … Read more
What do Michigan estate planning attorneys do?
Estate planning is an important process for adults in many different situations. People need to name a guardian when they have children and/or better ensure the right person will inherit their business when they die. The paperwork included in an estate plan can communicate somebody’s wishes to the Michigan probate courts and their family members. … Read more
Is Chapter 7 or Chapter 11 bankruptcy the right option for your business?
Businesses may end up struggling financially for many different reasons. Perhaps there has been a sudden surge in material costs when a business had already locked in client prices, forcing the company to take a loss on several large projects. Perhaps there has been a drop in demand, which means that the company’s revenue has … Read more
What does every vendor contract need?
There are several important elements that every vendor contract should include to ensure that all the parties involved understand their obligations. Clarity of language and intent also make the contract more easily enforceable if there’s a problem. Knowing some of the basics that a contract with a vendor should cover can help you better protect your business … Read more
What’s a Buy-Sell Agreement, and Does Your Business Need One?
When you’re in business for yourself, there are a lot of different possibilities you have to consider – including the fact that you or one of your business partners may one day decide to move on to something else, retire or pass away. A buy-sell agreement is one way you can plan ahead for these kinds … Read more
How Chapter 13 bankruptcy helps those worried about foreclosure
Homeowners in the Royal Oak area often pay a premium to live in a prestigious neighborhood with better schools when compared with those in nearby counties. It is common for families to dedicate a significant portion of their household budgets to mortgage payments and other housing-related expenses accordingly. Unfortunately, it usually takes decades to pay … Read more
3 Benefits That Trusts Create for Those Planning Their Estates
Trusts require a bit more consideration and planning to add to an estate plan than a simple will. However, those who commit the time and effort necessary to create trusts often reap valuable benefits. Trusts are useful estate planning tools for people in a broad range of personal and financial situations. The exact benefits you … Read more
Let’s Talk AboutYour Financial Future. Call For A Consultation.
For trusted help in matters of bankruptcy, estates, business, taxation or real estate, we encourage you to contact us for a no-obligation consultation. During our first meeting at our Royal Oak office, over the phone or via videoconference, you will be introduced to your main point of contact who will work closely with you throughout your case. We will take the time to listen to your story, answer your questions and develop a plan for success. No judgment, just advice geared toward your financial goals backed by decades of experience.
Please call 248-927-2755 or send us an email to learn more or to schedule an appointment. We look forward to serving you.
Contact The Office
Address
Royal Oak, MI 48067
Phone
Hours
Sun: - CLOSED
Mon - Fri: 9:00 AM to 5:30 PM
Sat: - 9:00 AM to 1:00 PM
Address
1026 W. Eleven Mile
Royal Oak, MI 48067
Email Us Today
Map Us