As the saying goes, there are only two guarantees in life and those are death and taxes. While people are taxed on various items throughout their lives, they could also be taxed at their death as well. These types of taxes are known as estate taxes and are generally...
Month: May 2022
How can I select the best executor for my estate?
No part of the estate planning process is one-size-fits-all, and that includes selecting an executor. The role of an executor, sometimes known as a personal representative, can be challenging. When people write their wills and other estate planning documents, it's...
Estate planning considerations for auto industry executives
Many people in the greater Detroit area have made their fortunes through the area’s automobile industry. For example, there are those who may work in a well-paying job for a major automobile company or another big player in the industry. Others may have an ownership...