Thompson Legal

04/18/2025

📢 Important Update for Michigan Buyers and Real Estate Professionals! 📢

Are you planning to be involved in a real estate transaction in the future? If so, there are some important changes you need to know about!

The Michigan Department of Treasury has recently updated the Property Transfer Affidavit Form 2766, effective March 2025. Our real estate attorneys at Thompson Legal have broken down the key changes in our latest legal insight article.

We'll walk you through:
🔍 The increased emphasis on disclosing familial relationships in property transfers.
⚠️ The potential for increased scrutiny from assessors and what that means for you.
💰 A reminder about property tax "uncapping" and why the Property Transfer Affidavit is so important.

Understanding these updates can help ensure a smoother real estate transaction and prevent potential property tax issues down the road.

➡️ Read the full article here: https://www.thompsonlawplc.com/real-estate-blog/recent-changes-to-michigans-property-transfer-affidavit-form-2766-march-2025

Have questions about how these changes might affect your specific situation? Contact Thompson Legal today to speak with a knowledgeable Michigan Real Estate Attorney. Call us at 734-743-1646 to schedule a consultation.



Please note: This post is for informational purposes only and not legal advice. Always consult with a licensed attorney for advice specific to your situation.

As of March 2025, the Michigan Department of Treasury has implemented several key changes to the Property Transfer Affidavit Form (Form 2766). These updates aim to improve clarity, enhance data collection, and ensure more accurate property tax assessments following a transfer of ownership. In this a

03/31/2025

Probate can seem overwhelming, especially when you consider who needs to be notified. Our latest article, "Who Gets Notice in a Probate Estate?" explains this process.

Did you know that in Michigan, the personal representative has a critical duty to inform 'interested persons' and creditors? This includes heirs, beneficiaries, and those with claims against the estate.

Here’s a quick overview:

↪️The personal representative's duties in providing notice.
↪️Who qualifies as an 'interested person' under Michigan law.
↪️How creditors are notified and claims are handled.

Don't let notification requirements complicate your probate process. Understanding these steps is vital for a smooth probate administration.

Read the full article: https://www.thompsonlawplc.com/probate-blog/who-gets-notice-in-a-probate-estate

If you need guidance with probate in Michigan, our attorneys at Thompson Legal are here to help. Call us at 734-743-1646 for a consultation.

In a Michigan probate estate, the personal representative has specific duties to notify parties. This includes providing notice to all interested persons and creditors, both known and unknown, as well as, in some cases, the Friend of the Court. Proper notification is essential for a smooth probate p

03/25/2025

This morning, our very own Brittany Thompson had the pleasure of speaking with the The Downriver News Network about one the incredible networking opportunities available through the Southern Wayne County Regional Chamber - Downriver's Business Network, the Tuesday morning networking group! 🤝

Brittany highlighted the recent Network Connection Open House at Community Choice Credit Union in Wyandotte, emphasizing the importance of building strong local business connections. Whether you're a seasoned entrepreneur or just starting out, these events are invaluable.

Check out the video to learn more about how you can grow your network and support the Wyandotte business community. We're proud to be part of such a vibrant and connected group of local business owners!

➡️ Watch the interview here: https://www.facebook.com/share/v/1E7MGnPYBu/?mibextid=wwXIfr

03/24/2025

📣 Michigan Employers, Important Update! 📣

The Michigan Earned Sick Time Act (ESTA) has been updated, and it's crucial for all employers, especially small businesses, to understand these changes.

Thompson Legal has broken down the key aspects you need to know in our latest article:

https://www.thompsonlawplc.com/business-blog/michigan-earned-sick-time-act-what-employers-need-to-know

Here’s a quick overview:

➡️ Virtually all employers in Michigan are included.
➡️ If you have 10 or fewer employees, you have until October 1, 2025, to comply.
➡️ Employees accrue sick time, and there are rules for how much they can use in a year.
➡️Employers have responsibilities regarding notice and employee pay.

Don't forget there are special considerations for those just starting out!

Don't risk fines and penalties! Read the full article to ensure your business is compliant. We know navigating these legal updates can be tricky, so Thompson Legal is here to help.

The amended Michigan Earned Sick Time Act (ESTA) places new requirements on employers, impacting how they manage employee sick time. This article details employer obligations regarding accrual, frontloading, carryover, and usage of earned sick time, with specific guidance for small and new businesse

03/18/2025

Victory Gym in Wyandotte is not only giving people a place to work out, but it is also giving veterans and first responders a place to conquer PTSD, and it is free. The non-profit began back in 2015.

03/17/2025

Understanding the legal options for caring for a loved one is essential. Are you considering a Power of Attorney or Guardianship? It's important to know the differences.

Our new article, "Power of Attorney vs. Guardianship: Which One is Right for Me?" by Brittany Thompson, explains these important legal tools and helps you decide the best course of action.

Key Points Covered:

➡️The key distinctions between Power of Attorney and Guardianship.
➡️When each option is most appropriate.
➡️How to choose the right approach for your family

Whether you're planning for the future or facing immediate decisions, this article provides valuable insights to help you make informed choices.

Read the full article here: https://www.thompsonlawplc.com/estate-planning-blog/power-of-attorney-vs-legal-guardianship-which-do-you-neednbsp

If you have questions or need personalized guidance, our experienced Estate Planning and Probate attorneys at Thompson Legal are here to help.

📞 Call us at 734-743-1646 to schedule a consultation.

This article clarifies the distinctions between a power of attorney, a voluntary arrangement made by a capable individual, and guardianship, a court-appointed relationship for those deemed incapacitated. Choosing between the two depends on the individual's mental capacity, desired control, and speci

03/02/2025

Navigating Medicare and Medicaid can feel like deciphering a complex legal code, especially when planning for long-term care. At Thompson Legal, we understand the importance of clear, accessible information.

Our latest blog post, "Estate Planning & Eldercare in Michigan: Medicare vs. Medicaid," breaks down the key differences between these important programs and how they impact your estate planning.

Did you know Medicare primarily covers acute medical needs, while Medicaid focuses on long-term care for those with limited income? Understanding these distinctions is crucial for safeguarding your future and your assets. We delve into eligibility requirements, asset protection strategies, and the importance of proactive planning.

Whether you're planning for yourself or a loved one, knowing the ins and outs of Medicare and Medicaid can make a significant difference.

➡️ Read the full article here: https://www.thompsonlawplc.com/estate-planning-blog/estate-planning-amp-eldercare-in-michigan-medicare-vs-medicaid

Have questions? Our experienced estate planning attorneys at Thompson Legal are here to help. Call us at 734-743-1646 to schedule a consultation.

This article provides an overview of Medicare and Medicaid in Michigan, focusing on their implications for elder care and estate planning. The Michigan Estate Planning attorneys of Thompson Legal emphasize the importance of integrating these programs into estate planning to protect assets and ensure

02/13/2025

Navigating the world of commercial leases can be tricky! As a business owner, understanding the different types of leases and their implications is crucial for your financial health.

Our latest article breaks down the common types of commercial leases in Michigan, including triple net, double net, and gross leases, and offers insights to help you make informed decisions.

Learn more about protecting your business by clicking the link below!

https://www.thompsonlawplc.com/real-estate-blog/decoding-commercial-leases-a-guide-for-michigan-business-owners

Need help with your commercial lease? Contact Thompson Legal at 734-743-1646 to schedule a consultation. We're here to help!

Choosing the right commercial lease is crucial for Michigan businesses. This article breaks down common lease types like triple net, double net, gross, and percentage leases, outlining their pros, cons, and financial implications. Learn key factors to consider before signing a commercial lease and h

02/06/2025

What is a discretionary trust and how can it benefit you?

Our latest article answers your questions about this powerful estate planning tool, covering asset protection, trustee responsibilities, and more.

Read it now: https://www.thompsonlawplc.com/estate-planning-blog/understanding-discretionary-trusts-in-michigan

If you are considering creating a discretionary trust or have questions about an existing trust, contact Thompson Legal to discuss your specific needs and how we can help you achieve your estate planning goals.

(734) 743-1646

Discretionary trusts offer a powerful solution, providing flexibility and control over your wealth . The trustee has the power to decide which beneficiaries receive distributions, how much they receive, and when they receive it. Thompson Legal’s latest blog post delves into the world of discretion...

02/05/2025

📢 𝗔𝘀𝘀𝗲𝘀𝘀𝗺𝗲𝗻𝘁 𝗡𝗼𝘁𝗶𝗰𝗲𝘀 𝗦𝗲𝗻𝘁 𝗢𝘂𝘁! 📢

Assessment notices have been mailed out, and we want to help you understand the most important figure on your notice: the taxable value of your property for this year.

🔹 Why is this important? Your property taxes are based on the taxable value listed on your notice—unless you choose to appeal it.

🔹 Understanding Taxable vs. Assessed Value:
• If you've owned your home for more than a year, your taxable value may be lower than the assessed value.
• The assessed value represents half of the market value calculated by the state.
• If you purchased your home in the past calendar year, the taxable and assessed values will be the same in the first year, but over time, the taxable value typically grows at a slower rate due to state limits on increases.

If you have any questions or believe your assessment needs review, please contact the Assessor’s Office for guidance on the appeal process.

📧 Email: [email protected]
📞 Phone: 734-324-4510

01/22/2025

Another Win for Thompson Legal!

We're excited to share some great news! Attorney Brittany Thompson of Thompson Legal successfully argued a highly contested Motion for Summary Disposition on behalf of our clients. This significant victory not only saved their home, but also protected them from over $168,000 in potential legal fees.

At Thompson Legal, we're dedicated to providing top-notch legal representation to our clients. We're proud to have attorneys who are passionate about fighting for your rights.

If you're facing a legal challenge, don't hesitate to contact us. We're here to help.

Call us today at 734-743-1646 to schedule a consultation.

01/19/2025

Planning for the future can be overwhelming. An Enhanced Life Estate Deed offers a way to safeguard your property and provide for your loved ones while retaining control during your lifetime.

Our latest blog post breaks down the benefits and considerations.

➡️ https://www.thompsonlawplc.com/estate-planning-blog/a-guide-to-executing-an-enhanced-life-estate-deed-lady-bird-deed

Have questions about your estate plan?

Contact Thompson Legal today for a consultation. 📞 734-743-1646

01/11/2025

Thank you to Amber at ATA National Title Group for putting on another presentation of “Legal Considerations in Real Estate Transactions: Avoiding the Unauthorized Practice of Law” for Southeastern Border Association of Realtors office in Monroe.

I am still so impressed with the full turnout and insightful questions everyone had. See you again soon!

01/11/2025

SAVE THE DATE! Our biggest event of the year is quickly approaching! The spaghetti dinner fundraiser!

More information coming soon!

12/30/2024

📢 Business Owners in Michigan! 📢

Are you thinking about transferring real estate to your business? 🏡🏢

It's crucial to understand the potential property tax implications. Michigan has specific rules about "uncapping" property taxes when ownership changes.

Our latest blog post breaks down what you need to know:
* What is property tax uncapping?
* How does it affect your business?
* What are the exceptions?

Don't get caught off guard by unexpected property tax increases!

Read the full article here:

https://www.thompsonlawplc.com/business-blog/transferring-real-estate-to-a-business-in-michigan-understanding-property-tax-uncapping

Transferring real estate to a business entity in Michigan can trigger property tax uncapping. Assessors are required to uncap property tax values for a change in beneficial use or a change in control of the property, but certain exemptions exist, such as transfers between commonly controlled entitie

12/06/2024

Operating a business in Michigan? Then you need a resident agent.

A resident agent is a person or entity designated to receive legal documents and official mail on behalf of your business. It's a critical requirement for all Michigan businesses, but the rules can be confusing.

Our latest blog post breaks down everything you need to know about Michigan's resident agent requirements, including:

Who can serve as a resident agent
The responsibilities of a resident agent
What happens if you don't have one
Don't risk penalties or legal complications. Make sure your business is compliant with Michigan law.

Read the full article here: https://www.thompsonlawplc.com/business-blog/michigans-resident-agent-requirements-for-businesses

Have questions about resident agents or other business law matters? Contact Thompson Legal today at (734) 743-1646 to schedule consultation.

Michigan law requires businesses to have a resident agent to receive legal documents and official mail, ensuring compliance with state regulations. The article by Thompson Legal outlines key aspects of resident agents in Michigan including their role, requirements, and resident agent options.