Articles Written By: datamine

Probate and Estate Administration

Probate and Estate Administration

  • Posted on August 5, 2014
  • /Under Blog
Losing a loved one is possibly the most difficult event that anyone can endure. The person that is designated the executor of the estate will be facing an overwhelming responsibility in the weeks that follow the loss of the family member. The executor of the estate must inform the beneficiaries (heirs), manage assets, handle real estate and correctly file taxes that pertain to the estate. If you have recently lost a loved one or have been named executor of an estate, you may feel overwhelmed by the duties that you have been now…Read more

Warranty Deed V Quit Claim Deed

  • Posted on June 23, 2014
  • /Under Blog
Warranty Deed v Quit Claim Deed A quit claim deed conveys everything owned by the grantor with the exception of any reservations. A warranty deed conveys the same title plus provides a representation that the grantor owns that which is conveyed which .the grantor has to back up with defense of title and damages if the owner is wrong plus the doctrine of estoppel by deed of after acquired title applies. If the grantor is insolvent or deceased at the time a title issue arises, defense and damages may not be useful. Title…Read more

Are you driving on a suspended license or do you need your driver’s license reinstated?

  • Posted on June 21, 2014
  • /Under Blog
Defense to Driving on a Suspended License In Michigan, the penalties for driving with a suspended license are severe. They range from a doubling of the length of the initial suspension, fines and driver’s responsibility fees, all the way to substantial incarceration. Still, some people drive on a suspended or revoked license-sometimes because they feel they have no other choice. With Watt Law Firm, P.C. at your side, you can have other options. Rather than taking the risk of jail time or other serious consequences, if your driver’s license has been suspended or…Read more

Qualifications to file Chapter 7 Bankruptcy

  • Posted on February 20, 2014
  • /Under Blog
How is my income calculated?  The bankruptcy court looks at your last six months worth of income from al courts plus the income received from other household members including your spouse as long as are your not living separately, even if you are not filing for bankruptcy together.  Those numbers are added up and divided by six to get an average monthly income.  This is called current monthly income.  Money you or your household members receive or have received during the past six months from Social Security and certain other sources do not…Read more

Start The Year Off Right! Protect Your Family With A Comprehensive Estate Plan

  • Posted on February 12, 2014
  • /Under Blog
START THE YEAR OFF RIGHT! PROTECT YOUR FAMILY WITH A COMPREHENSIVE ESTATE PLAN Start this year off right and resolve to take care of yourself and your family.  A fresh first step is to have Watt Law Firm, P.C. create your comprehensive estate plan. A comprehensive estate plan should including the following documents:  will, financial and medical powers of attorney, and a living will.  If you already have an estate plan, consider having Watt Law Firm, P.C. review your documents to ensure that they still accurately convey your wishes and encompass all your…Read more

Bankruptcy

  • Posted on January 9, 2014
  • /Under Blog
Bankruptcy questions? Step One: Schedule a no-cost, no-obligation consultation. Your first consultation is free, and you will meet with the attorney personally. The attorney will help you determine your best option available and answer all your questions. Bankruptcy Step two: Complete your online credit counseling course and submit your documents. After your first meeting with Watt Law Firm, you will be provided with a questionnaire and a list of required documents. Bankruptcy Step Three: Attend the meeting of creditors. Shortly after your case is filed, Watt Law Firm will accompany you to the 341 hearing, also known…Read more
Forming A New Business? We Can Help?

Forming A New Business? We Can Help?

  • Posted on November 26, 2013
  • /Under Blog
Watt Law Firm, P.C. has expertise in the formation of new business entities including the determination of the appropriate structure for your business and the creation of the corporate documentation. We help clients prepare necessary corporate documentation, including: Articles of Incorporation and Bylaws; Articles of Organization and Operating Agreements; Shareholders Agreements; Corporate Minutes and Resolutions; Business Asset or Stock Purchase Agreements and Sale Agreements. You may find organizations on the Internet, in magazines or the newspaper that offer certain services at lower rates. However, many of these organizations are unable to provide you…Read more

Grand Rapids Attorney Warning!

  • Posted on November 13, 2013
  • /Under Blog
Grand Rapids Attorney is warning about chapter seven bankruptcies this time of year as the 2013 tax refund will not be issued until the Spring of 2014.  If you are filing chapter seven bankruptcy between now and until the time you file for your tax return, this is not an asset you have in your hand and that you can count as an asset. It is something that is allowable in the future.  However, bankruptcy laws state that it is an asset that you currently hold and are vested in and if you…Read more

Grand Rapids Michigan Real Estate Lawyer

  • Posted on November 12, 2013
  • /Under Blog
At Watt Law Firm, P.C., we are committed to providing solutions for individuals and businesses in all aspects of real estate and property law. You need an experienced real estate lawyer guiding you through the process to ensure your rights are fully protected. Handling Residential & Commercial Real Estate Issues Whether you are buying and selling real estate or need a skilled litigator to make sure your rights are protected, we can help you. We handle a wide variety of real estate law-related issues, including: Purchase Agreements Closing Representation Title and Title Insurance…Read more

Young Adults Need an Estate Plan too!

  • Posted on November 11, 2013
  • /Under Blog
Why Your College-Age Children Need an Estate Plan They Should Designate Someone to Make Medical and Financial Decisions By ANNE TERGESEN Sept. 21, 2013 8:49 p.m. ET Here’s an issue many families overlook when children leave for college: That child, in the eyes of the law, is now an adult—and needs some all-important documents.Once individuals reach the age of majority—18 in most states—their parents are no longer entitled to see their medical and financial records and make decisions on their behalf. As a result, it is important for young adults to set up an estate…Read more