As the Michigan family plans for the future, there are a number of decisions that must be made. In addition to the traditional estate planning decisions, the family with a special needs child must also make arrangements for this loved one's future care. Yet, research indicates that less than half of such families have completed this important task.
There are some things in life that simply cannot be avoided. For some Michigan couples, one of these things is divorce. In fact, the number of couples over the age of 50 deciding to divorce is an increasing number that is now almost twice what it was just 25 years ago.
Ending a marriage in Michigan isn't as fast as just deciding that the relationship has ended. There are several factors that determine how long it will take to legally end the union in this state.
Who will take care of mom or dad? This is a question that many Michigan families must come to terms with as their parents age. In some families, the adult children work together to take care of the necessary tasks. In other families, there appears to be one individual who retains responsibility for the parents. In either case, addressing this issue and assigning a durable power of attorney is often a necessary part of estate planning.