A Trustee of a Trust is a fiduciary under Michigan law. The rules Trustees must follow are included in the Trust as well as in the Estate and Protected Individuals Code (EPIC).

Elder law is a specialized area of law that focuses on assisting older individuals and those with disabilities preserve their dignity, protect their assets, and make good decisions despite increasingly complicated laws. 

Holistic eldercare legal planning focuses on enhancing and extending the quality of life and quality of care for older individuals or persons with special needs.

My wife and I are in good health and have a robust portfolio, so I was surprised when our advisor suggested that we consider buying long-term care insurance. He recommended it as a way to hedge risk, but I am confident we could pay for whatever care we will need. Is this just an unnecessary cost?

Let me draw your attention to this month’s first question. We are contacted daily by concerned family members who want to do what they can to help their family elder(s).