Sunday, February 19, 2017

Michigan Abolishes Dower Rights

Michigan abolishes dower rights
Michigan abolishes dower rights
On December 27, 2016, Governor Snyder signed into law a package of bills that will eliminate statutory and common law dower rights which will take effect on April 7, 2017. Michigan’s dower law was created in 1846 and entitled a widow to a one-third life estate in all of the real estate owned by her deceased husband during the marriage.
Michigan was the only state to provide dower rights to wives without providing any corresponding rights to husbands, making it constitutionally questionable. Also, the wording of Michigan’s dower statue and case law made clear that it did not apple to same-sex couples, creating an additional constitutional issue in light of the recent US Supreme Court decisions legalizing same-sex marriage. In practice, dower rights are very seldom exercised because wives generally receive more favorable treatment under Michigan laws relating to intestacy (i.e. decedents who die without a will) or the spouse’s elective share (i.e the minimum amount to which a surviving spouse is entitled if the deceased spouse does leave a will).
Beginning April 7, 2017, spouses that hold property in their name alone will be free to transfer and mortgage the property without the signature of the other spouse. The only remaining exception is the Michigan homestead law that requires the signatures of both spouses on a non-purchase money mortgage that will cover their homestead (principal residence).
Dower will still apply if a spouse died before April 7, 2017.

Sunday, January 8, 2017

Grand Haven, one of the best places in the WORLD to retire

It’s a new year, a time when most of us reflect on our lives and start thinking about the future, maybe even retirement. When most of us think about retirement we think about relaxation in the sun, but where in the world is the best place to retire? According to The 10 Best Places in the World to Retire, an article written by Cynthia Drescher from cntraveler.com there are 10 places that are the absolute best places in the world to retire taking into account culture, access to health services, quality of life, and community:
Coronado, Panama is a Pacific coast beach with perfect sunsets just a two-hour drive down the Pan-American Highway from cosmopolitan Panama City. Panama’s tax system allows foreigners to live there nearly tax-free.
Penang, Malaysia is an island with beautiful beaches and easy in and out with quick and cheap flights to Kuala Lumpur and Singapore. Thanks to a government initiative, foreigners can now easily apply for a 10-year visa.
Cascais, Portugal is a seaside enclave of Cascais and is only 19 miles west of Lisbon but has 10 major golf courses, a castle, and miles of cobblestone streets bordered by cafes and fresh seafood vendors. Portugal is one the most affordable countries in Europe.
San Miguel de Allende, Mexico is located in the Mexican state of Guanajuato just 3 hours north of the action of Mexico City. With its ideal weather, art scene, colonial charm, and affordable living, it has been luring foreign retirees for decades.
Killarney, Ireland is a small city in County Kerry ranked high for safety, cleanliness, and overall charm. Horse-drawn carts still drive the roads and where a budget of $30,000 a year is ample.
Corozal, Belize, the country’s northern most town where English is the official language. Corozal offers a ferry connection to Ambergris Caye, Belize’s largest island and gateway to the world-class snorkeling and scuba diving of the Belize Barrier Reef.
Concord, CA is located only 30 miles east of San Francisco. It is a big little city home to farmers markets, excellent health care facilities, and free community activities including one of the few remaining drive-in theaters.

Grand Haven, MI nicknamed “Coat Guard City,” is a lakefront star. Offering a boardwalk, 90,000 gallon musical fountain, harbor trolley, charter fishing, and miles of bike trails. The State Park’s 48 acre sandy beach and clear, cool waters of Lake Michigan are a favorite. Grand Haven has long and warm Summer days and charming downtown streets which are alive with festivals and live performances.
Santa Fe, NM offers beautiful mountains and The Santa Fe National Forest which have inspired a thriving art scene. Historic architecture, a friendly community of all ages, and warm days with low humidity make Santa Fe a popular choice.
Louisville, KY is home to the Kentucky Derby, bluegrass music, bourbon, and culture. Step outside the city limits and hike the 260 miles of trails in Hoosier National Forest. Kentucky is known for its friendliness and hospitality and its cost of living is some 14 percent below the national average.
Ready to make Grand Haven your retirement destination? Call us today and we can help you find the perfect home to make your dreams into memories.
Kersh 616-212-8418 Mary 616-638-3390 Lauri 616-292-5727 Michigan Homes and Cottages