The law can seem like a daunting and complex tangle. The attorneys of Cunningham Dalman are here to help. If you require legal representation or would like to seek advice from a law expert, we hope you’ll talk with someone at our firm. We also encourage you to learn more about legal issues that matter to you. On this page you will find valuable information about many different aspects of the law. We encourage you to spend some time browsing this collection of posts written by Cunningham Dalman attorneys.
On December 8, 2016 Michigan’s Governor signed into law the Qualified Dispositions in Trust Act. The Act went into effect on March 8, 2017. This new law makes it possible for the first time for people to create a Domestic Asset Protection Trust (DAPT) in Michigan that benefits the person who created the trust. Michigan… continue reading
Thank you to all who voted for us in the Holland Sentinel News Best of the Best Contest! We are thrilled to once again be voted best law firm in Holland. We are so appreciative of our clients and this community.
Across the country, it’s estimated that 80-90% of businesses include family. If your business is in this category, does that affect how you think about your company? In other words, do you ever think about your business to what extent your family and business work together or the challenges that exist between the two? As… continue reading
Bitterly referred to by many as the “death tax”, the federal estate tax applies to transfers of wealth when a person dies. And because of its effect of charging an additional 40% tax to the assets of an estate that were likely already subject to income tax while the owner was alive, the estate tax… continue reading
IRS issues more guidance on the retroactive effect of the Supreme Court’s decision in Windsor. In U.S. v. Windsor (2013) the U.S. Supreme Court held that the Federal Defense of Marriage Act (“DOMA”) is unconstitutional. Exactly how the IRS would implement this reversal of law was left to future pronouncements by the IRS. On January… continue reading
Earlier last year, I wrote articles about when it might be appropriate to update an existing estate plan and the consequences of dying without any estate plan at all. However, there is an important related question that I have not touched on yet, and that is: what should be done to determine if it is… continue reading
Q: Does a living trust protect my assets? A: This trust is a great way to pass an inheritance but it will likely not help you through other situations. Here are my top tips on what a living trust does not do and mistakes to avoid. Your living trust does not: 1. Provide asset protection… continue reading
If you’re a business owner, you should be proud of it. You’re serving the needs of your customers. You’re providing jobs to your employees and may even consider them “part of your family.” You may also be “giving back” to your community in a number of ways. Your company contributes in so many ways to… continue reading
Can you believe it? It’s already time for the Holland community to select the best businesses in the Holland area. This year the Holland Sentinel changed things up a bit and initiated a two-step process. Our office made it through the nomination step and now we need your support in the second step to earn… continue reading