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We don’t like to think about what will happen after we’re gone, but planning for it is one of the best ways to take care of the people we love. One common question we hear at Bassett Murray Law Group, PLLC, is, “Who can access my safe deposit box when I’m no longer here?” Whether…

Do you ever think about how you’d like your assets to be distributed after you’re gone but feel overwhelmed by the process of creating a will? You’re not alone. For many people in Michigan, the idea of tackling estate planning feels like a big, complicated task. But there’s a simpler option out there that might…

As of July 1, 2024, Michigan’s Uniform Power of Attorney Act (UPOAA) is officially in place, bringing clearer guidelines to how powers of attorney work. Whether you already have one or need to create one, this is an important time to review your estate plan. What’s Changed? Powers of Attorney Are Now Automatically Durable –…

When a loved one passes away, families often face the emotional strain of loss alongside the legal challenges of probate. One of the critical considerations during this time is determining which assets are protected for the surviving family members. In Michigan, “exempt property” ensures that certain essential items remain safeguarded from creditors, allowing spouses and…

When it comes to planning your estate, you might have heard of a holographic will—essentially, a handwritten will. While a holographic will is valid in Michigan. To meet legal requirements, the material portions of a holographic will must be handwritten by the testator — the person making the will — and include their signature and…

Retirement marks the golden years you’ve worked tirelessly to achieve, but are you confident you’re making the most of your Social Security benefits? At Bassett Murray Law Group, we recognize the vital role these benefits play in building a secure future. Opportunities are often overlooked because the right questions go unasked. Addressing these important considerations…

When it comes to trusts and estate planning, it is essential that you understand your rights as a trust beneficiary. Trusts are powerful tools that safeguard assets, fulfill the wishes of the trust creator (grantor), and provide financial security to loved ones.  At Bassett Murray Law Group, we’ve been guiding Michigan families through the trust…

Losing a spouse is emotionally overwhelming, and it can also bring legal and financial concerns to the forefront. If you’re a surviving spouse in Michigan, it’s important to understand the rights and protections available to you. These laws are designed to ensure financial stability during this extremely challenging time. At Bassett Murray Law Group, PLLC,…

Losing a parent is hard, and handling property transfers can feel overwhelming. In Michigan, if there’s a will, start by locating it and submitting it to the probate court where your parent lived.  The court validates the will and appoints a Personal Representative (executor) to manage the estate, gather assets, pay debts or taxes, and…

When it comes to protecting your home and personal property, Michigan’s homestead laws provide essential safeguards for homeowners. These laws ensure that certain protections are in place, whether you’re facing creditors, planning your estate, or navigating debt. At Bassett Murray Law Group, PLLC, we believe understanding these laws is a vital step toward achieving peace…