While today's cars, trucks and SUVs have hundreds of impressive safety features, motor vehicle accidents continue to be a leading source of both catastrophic injuries and death. In fact, according to the Association for Safe International Road Travel, 38,000 Americans...
Month: January 2022
What are non-probate assets?
When a person dies, something has to happen with his or her assets and outstanding debts. Probate is a legal process that deals with administering the deceased person's estate, including collecting and distributing assets, paying debts and taking care of final...
No-fault insurance reform successes and failures
Reforms to Michigan's no-fault insurance law that took effect in July of 2020 have saved Michigan drivers $4 billion on auto insurance premiums. Additionally, Michigan drivers are paying reduced fees to the Michigan Catastrophic Claims Association for another $1...
Pedestrian accidents in Michigan
As a pedestrian, you need to keep an eye out for reckless drivers whenever you walk near traffic. Tragically, these accidents claim many lives and send even more accident victims to emergency rooms with serious injuries. Whether a driver goes over the speed limit,...
What tax responsibilities do estate administrators owe?
When a loved one named you estate administrator, you agreed to the role and its responsibilities. To ensure you do right by your loved one and her or his beneficiaries, you want to learn how to handle all financial aspects of estate administration. The IRS explains...