The Coronavirus Aid, Relief, and Economic Security Act (the CARES Act) was signed into law by President Trump on March 27, 2020. The CARES Act is the largest economic stimulus package in U.S. history. In light of its overwhelming size and scope, the following are a...

Marital deduction trusts used to be a very popular estate planning tool for married couples whose gross estate would potentially be subject to federal estate tax. Such trusts allowed married persons to effectively double the federal estate tax exclusion. Being subject...

The “Tax Cuts and Jobs Act” was approved by Congress and went into effect on January 1, 2018 making significant changes to business tax and personal income tax starting with the 2018 tax year. For businesses, the maximum corporate tax rate for C corporations was cut...

For many years now Michigan has respected the right of marital partners to waive the statutory rights that are conferred upon them upon the death of a spouse. For example, if a spouse dies and leaves by their Will all of their assets to their children, the surviving...

In a letter to Ann Landers a writer from Manasota, Florida wrote to deliver a message to children and grandchildren: "YOUR INHERITANCE IS NOT AUTOMATIC. IT'S A GIFT." When it comes to estate planning, many people feel this way, and they have their reasons. But can you...

Anyone who is active on social media (Facebook, Twitter, etc.) has probably regretted something they posted online at one time or another. However, for a Bay City woman, her regret comes along with a felony conviction. Rene K. Kolka posted some derogatory comments...