We at Chawla Legal Group understand how hard it can be to be isolated from family. FaceTime is a great tool to help alleviate some of the...

Follow/Like @chawlalegal on Facebook, LinkedIn, Twitter, and Instagram. Leave us a question in the comment section of this post on any...

Using tools like charitable remainder trusts or donating your RMDs are powerful tools that help you accomplish charitable giving goals...

Your family business is part of your legacy. Knowing that you want to pass it on to someone in your family means thinking about how

Asset protection planning refers to a comprehensive process designed to minimize or eliminate your risk for your assets being exposed to...

Every person can benefit from estate planning, but studies show that a big transfer of wealth will happen in the coming decades as the...

A new TD Wealth Survey has found that the prevalence of gray divorce or those couples above aged 50 deciding to split ways has important...

A comprehensive estate plan in Michigan likely includes financial and medical powers of attorney. Regardless of your estate size, these...

When you choose the person to serve as a trustee of your Michigan trust, it’s important to consider not only their willingness and...

In any business, but especially in family businesses, it can be difficult to think about the potential conflicts or disagreements that...

In this conclusion to our series on important terms in Michigan estate planning, we’re exploring the role of beneficiary and what it...

As part of this descriptive series, you’ll learn more about the definitions of some of the most important roles in creating and managing...

Knowing the terms and definitions of important aspects of your Michigan trust helps you do the necessary homework to prepare for your...

Knowing all of the different people and roles they might play in your estate is very important. One of these people is known as the...

If you’re like me, I look for every option to “set it and forget it.” We live in an automated world and making things easier is a common...

The process of business succession planning might include conversations about having another person step in and take over your company....

Most business owners have a goal of transferring or selling their company at the time they can receive maximum value to fund their own...

If you have loved one with a disability, you cannot neglect the opportunity to protect their future with a special needs trust. In...

It’s not enough to think about business succession planning to reap its benefits. Thinking must be connected to direct action to be...