Tuesday with Tom

Tom talks about a number of strategies that you can use to keep your estate from having to go through probate at the time of your death. He, also, introduces a number of great resources if you are interested in Michigan history or traveling in Michigan.

Tom welcomes to his program his associate Attorney, Amanda Bevel, who leads a discussion about what probate is, and is not.

Tom talks about the number one mistake that people make after creating their estate plan... failing to update it to reflect changes that have occurred since it was created.

While no one has yet figured out how to avoid dying, Tom talks about taxes related to dying and how they might be avoided.

Now that you know what a Living Trust is and how it might fit into your estate plan, Tom talks about the importance of funding your Trust

Tom talks about What a Health Care Power of Attorney or Advanced Directive is…..why you need one…..and what can happen if you do not have one.

Tom discusses 2 new pieces of legislation that were signed last last week by Gov. Snyder. One authorizes appointment of a “Funeral Representative” who can make your funeral arrangements. The other, the “Fiduciary Access to Digital Assets Act”, creates the procedures for giving legal authority to an individual to access your digital assets (i.e. email, Facebook, twitter, etc.) in the event of your...

First of a 2 part series on Living Trusts - what they are, how they work, when you might consider having one, and what it means to fund a trust. Tom, also, introduces our new weekly Michigan Trivia contest.

Tom talks about Certificates of Deposit as investments, and how to increase your CD yields by using a CD ladder.

Tom talks about Irish heritage, green beer, corned beef and cabbage, Guiness, and what any of it has to do with your estate plan. Oops...Tom mistakenly states the wrong decade for the potato famine...it was 1854 to 1852...the danger of a live radio show :(

Tom discusses how a Will actually works, and why a Will is not a good way to avoid probate. Tom, also, introduces listeners to the Olivia Kay Foundation.

Are you thinking about preparing your own estate planning documents to save money? Do you want to prepare documents for your parents? Before you do, listen to Tom as he discusses the potential legal problems (including criminal) that you or you loved ones might face.

In this episode Tom discusses what an Estate Plan is, and is not, and the various decisions that need to be made in order to develop an effective estate plan.