Prenuptial Agreements in the State of Michigan

July 14th, 2017
Contributor: Brian J. Plachta
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 child… Read More
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Categories: Family Law

Social Security Changes Impact Divorcees

November 11th, 2016
Contributor: Jeffrey M. Black
Effective November 2, 2015, the Bipartisan Budget Act of 2015 changed Social Security rules for claiming spousal benefits.  Prior to these changes, an ex-spouse could file for spousal benefits once their ex-spouse turned 62 years old, regardless of… Read More
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Categories: Family Law

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Marital Deduction Trusts
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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 exclus… Read More
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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… Read More

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