It’s considered the simplest and least expensive way to transfer real estate when a person dies – with an equally lovely name – the “ladybird,” or “Lady Bird” deed. But is that really the case? As with most concepts, what appears simple on the surface may be more complicated in application. Here is an overview of the ladybird deed, along with the benefits and challenges that come with that method […]

How Important is a Will, Really? The simple answer to that question is . . . wait for it . . . “It depends.” Most people own assets of some kind when they die. The assets might include real estate (home, land, timeshare, etc.), financial accounts (bank, investment, and retirement accounts), life insurance, savings bonds, autos, boats, toys, and personal effects or “stuff” (clothes, furniture, jewelry, tools, etc.). The assets […]

The latest issue of Urban Aging News highlights an article on Advice for Caregivers: Five Steps to Leap Legal Hurdles written by Norman “Gene” Richards. In this article, Mr. Richards shares five steps caregivers should take to eliminate frustrating, and often costly, legal challenges. Urban Aging News is a quarterly publication that provides information, insight, and inspiration for Metro Detroit’s maturing adults. Check out the Urban Aging News Fall 2022 […]

The U.S. population is increasingly aging. Family members of aging loved ones are increasingly stepping into the role of helper or caregiver. Fulfilling these responsibilities requires a great deal of time, energy and focus. Caregivers should be able to act with minimal complication and resistance. Too frequently, caregivers struggle to overcome legal hurdles when making decisions for their charges. There are five steps caregivers should take to eliminate frustrating, and […]

The latest issue of Urban Aging News highlights an article on Guardianship:Another Take on the Pros and Cons of Probate Court written by Norman “Gene” Richards. The article provides an explanation of a guardianship, the benefits and downsides of a guardianship, as well as some alternatives to having a guardianship in place. Urban Aging News is a quarterly publication that provides information, insight, and inspiration for Metro Detroit’s maturing adults. […]

CMDA is proud to announce that Christopher G. Schultz has been recognized as a “Go To Lawyer” for Business Law by Michigan Lawyers Weekly. The “Go To Lawyers” program identifies and recognizes the top 22 lawyers across the state in a given practice area. Christopher G. Schultz has broad and extensive experience of nearly 40 years in matters involving small and large businesses and related litigation. He has significantly grown […]

The latest issue of Urban Aging News highlights an article on The Ladybird Deed written by Norman “Gene” Richards. The article provides an overview of the ladybird deed, along with the benefits and challenges that come with that method of transferring property when a person dies. Urban Aging News is a quarterly publication that provides information, insight, and inspiration for Metro Detroit’s maturing adults. Check out the Spring 2022 issue here. […]

CMDA has teamed up with Dignity Memorial to present a practical and informative collection of free online seminars. CMDA Estate Planning and Elder Law Attorney Norman E. Richards will be presenting on behalf of CMDA. You will learn about the essential legal documents and strategies you should have in place for smoothing life’s transitions. Also, find out how to protect your loved ones by planning your life celebration in advance. […]

One of the most common requests from clients to probate practitioners is when an individual, upon their passing, wishes to transfer ownership in real property outside of probate proceedings while preserving present control and use of the land.  The utilization of certain deeds as an estate-planning tool to accomplish that goal – affectionately known as “Lady Bird” deeds – is available only in a few states, including Michigan.  This type […]

Estate planning documents (wills, trusts, powers of attorney, etc.) are essential in a crisis.  In the present pandemic, our families, friends and customers are dealing with frustrating isolation, sudden debilitating illness, and untimely death.  Each situation presents unique challenges that is best resolved with a specially designed legal document.  Attorney Norman (Gene) Richards has compiled a Coping in Crisis: Estate Planning Challenges and Solutions chart that lists some challenges and […]