Wondering if a bankruptcy may be necessary in your personal or business finances is never a good feeling. We understand that. However, there is no shame in meeting with an attorney to see if a bankruptcy can benefit you and your situation. Bankruptcies can be highly beneficial for many who
As discussions around personal finance and financial protection continue to evolve, Michigan is on the brink of significant changes to its bankruptcy exemption laws. Recently, both the House and Senate passed a bill that, if enacted, could substantially benefit individuals considering filing for bankruptcy. Currently, Michigan’s bankruptcy exemptions allow a
Estate planning documents are a vital part of an individual’s end-of-life affairs that are often overlooked. It is not a topic that is “fun” to talk about. In fact, all too often people wait too long to address things in their estate planning they know could be issues for their
As the year comes to a close, we took some time at Martin L. Rogalski, P.C. to discuss some trends we have seen from the past year. Here is what some members of the team had to stay: Martin: Bankruptcy filings over the past few years have been trending upwards.
Creating a Revocable Living Trust is a financial investment that can benefit you both while you are alive and after you have passed. Unfortunately, we often see that people have not properly funded their Trust during their lifetimes and have not taken full advantage of the Trust. How Do I
When debt begins to pile up, it can feel like the walls are closing in financially. With this added pressure, it can often be hard to determine what the best course of action can be. Should you drain 401(k), IRA, or other retirement accounts? Do you have to have all
Our founder, Martin L. Rogalski attended the 36th Annual Bankruptcy Section Seminar hosted by the Federal Bar Assocation of Michigan from July 26-28, 2004 at the Boyne Highlands Resort in northern Michigan. He attended a session called “Attorney Lifestyle Challenges” presented by: Greg Ekdahl of Keller & Almassian, Steve Rayman
On July 1, 2024, the Uniform Power of Attorney Act (UPOAA) went into effect in the State of Michigan. The UPOAA was created to encourage powers of attorney to be accepted both locally and across jurisdictions. The language used in the UPOAA was determined after review of other states and
Bankruptcy is a word almost everyone knows. From the board game Monopoly to the evening news, everyone has a general idea of what bankruptcy means. However, even with a concept that traces its origins to ancient Rome, there are misconceptions people often believe. With bankruptcy filings becoming increasingly more common,
Estate planning attorneys are frequently asked by clients if they should have a will or a trust. Let’s explore the difference between the two documents. A Will A Will is a document that is used when you die to dictate how you want your assets to be distributed to your
Martin L. Rogalski, P.C. is more than just a law firm. We care about our clients and their future. Which is why we pride ourselves on giving honest answers and the personal attention you deserve. Let us help you move confidently forward. Call us today to schedule your appointment.