4 Common Mistakes Made When Drafting Business Contracts
Your business contracts make a huge difference to your operations. Unfortunately, you may take for granted that a written agreement will protect you from a breach of contract or other forms of misconduct. Business owners and other professionals sometimes learn the hard way that not everyone respects contracts and upholds them the way that they … Read more
Starting the Succession Planning Process for Your Business
What happens to you your business if you become disabled? Voluntarily retire? Have you set up a means of deriving the value of your business for yourself or your family members? If you have not addressed these issues, you need “Succession Planning” and now is the time to get started with it. Whether you leave … Read more
Why Are There Bankruptcy Exemptions?
If you file for bankruptcy, one thing that you want to look into is the list of different exemptions that you can utilize. Essentially, if you’re filing a Chapter 7 bankruptcy, you may be liquidating some of the assets that you own. While actually rare, this means that some of your assets must be sold … Read more
Millennials Have Started to Realize That They Need Estate Plans
Many people might associate estate planning as something done by those who are old, ill or incredibly wealthy. However, even younger adults with no dependents and fewer assets can benefit from creating a will, possibly a trust, and advanced directives such as Durable Powers of Attorney and Healthcare Powers of Attorney. If you have just … Read more
Divorce and Bankruptcy: Who Takes the Debt?
Financial issues are one of the leading causes of divorce for married couples in Michigan. If you have accrued a significant amount of debt during your marriage, you and your spouse may fight about your financial obligations. Especially when one of you has caused or accumulated more of that debt than the other, there may … Read more
When Can You Contest a Will in Michigan?
Contesting a will is the process of challenging the legal validity of a will. The circumstances can be complicated and might stem from a grieving heir who believes the terms of the estate are suspicious, were unduly influenced by another heir, or a creditor seeking to recover assets not defined in the will. Whatever the … Read more
Can You Include Your Student Loans When Filing for Bankruptcy?
People will tell you that it is impossible to discharge student loans in bankruptcy. Those individuals, while likely meaning well, have misstated the law and may have drastically oversimplified the situation. While it is uncommon to discharge student loans in personal bankruptcy filings, it is not technically impossible. There are special laws at the federal … Read more
What Are the Rules for Discharging Student Loans in Bankruptcy?
For many, student loans are their biggest financial obligation. This might be the case whether you recently graduated from college or graduated years ago. For many years, student loans have been all but impossible to discharge in bankruptcy, even if they are the primary source of someone’s debt and financial struggles. There are difficult standards … Read more
Student Loan Debt Relief for Michigan Residents
Michigan residents face financial hardships for a large variety of reasons. One of the most common reasons Michiganders struggle to keep up with their financial obligations is overwhelming student loan debt. Of the 1.4 million Michigan residents with outstanding student loans, approximately 1 million of those residents owe between $20,000 and $200,000. Traditionally, individuals with student … Read more
3 Common Tax Issues for Small Businesses
Small businesses have a lot to consider as they work to bring in profits and stay viable. Many small business owners know that there are different tax obligations that they may face depending on various factors such as whether they have employees, how the company is organized, and whether they are selling goods or services … 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.
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