August 27, 2013

The Alexander Law Newsletter
Recent Changes to Michigan's Durable Power of Attorney Law

In an effort to combat fraud, misrepresentation and error, Michigan recently made significant changes to Michigan's Power of Attorney laws.  
  
Now, Michigan law requires that the designated attorney or agent who is appointed to act pursuant to a Durable Power of Attorney for finances that was drafted after October 1, 2012, execute an acknowledgment of legal responsibilities before that agent can exercise authority under each individual durable power of attorney.  The acknowledgement must meet the specific requirements set forth in the Michigan statutes.  
  
The revised Michigan statute now also requires the document to be witnessed by two people and notarized. 
  
As your Michigan probate lawyer and estate planning lawyer, our attorneys can assist you in updating your Durable Power of Attorney to make sure it is up-to-date with Michigan laws to avoid any potential problems in the future.
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Contact Us:
  
Sandra K. Alexander, Esq.
7125 Orchard Lake, Ste. 301
West Bloomfield, MI 48322
(248) 865-2500
  
  



Back to School Traffic Safety Reminders
  
As parents and kids are enjoying the last weeks of summer vacation in Michigan before school starts, we wanted to give you a few safety tips to keep in mind as you hit the road next week.
  
Kids throughout Metro Detroit will resume school during the first week of September.  We would like to remind our readers to plan ahead by adding extra time to your daily commute as traffic will increase. Drivers should also watch out for school crossing areas and posted school zone speed limits.  Slow to 25 miles per hour and be especially alert while driving near a school. Take extra time to look for kids at intersections, medians and curbs.  Parents, its also important for you to talk to your children about the importance of traffic safety.
  
If we take our time and make obeying traffic laws a priority, the first days of school can be safe ones for our children. Let's stay alert and drive cautiously through posted school zones.

Is it Time to Review Your Will?
  
Once they make a will, many people will put it in a safe deposit box or leave a copy with their attorney, and forget about it.  However, there are many reasons to review and update your will and other estate planning documents.  
 
Here is a checklist of some life events that may prompt you to do so:  1) The individuals you have named are deceased; 2) marriage or divorce; 3) your children have reached age 18; 4) you moved to a new state; 5) your assets have substantially increased or decreased; 6) need to name new trustee, guardian, or personal representative; 7) new people to name or add as beneficiaries. 
 
Call us today to schedule your free consultation with our estate planning attorneys.
Call Today for a
FREE CONSULTATION 
Call us today to learn more about the types of estate planning documents that can be used to fit your needs. If you schedule a meeting before November 1, 2013, mention this post and Sandra K. Alexander, Esq. will provide you with an informative and valuable one (1) hour free consultation to discuss your current estate plan and the planning for the future security of your loved ones. Additionally, if you know of anyone who may benefit from estate planning, please pass along our contact information to him or her for a free consultation as well.
Offer Expires 11/01/2013.
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