Month: February 2021
Estate Planning for Bitcoin and Cryptocurrencies
As cryptocurrencies like Bitcoin, Ethereum, Ripple, and others increase in popularity and circulation in the economy, it is important to plan for the transition of cryptocurrency in your estate plan and the tax consequences of cryptocurrency. The IRS is paying more attention to these kinds of assets. The IRS treats cryptocurrency as property and an
Real Estate Law Update: Extension of Marketable Title Act Deadlines
The Marketable Title Act, MCL 565.103 was amended by Public Act 572 of 2018 to make it easier to eliminate old use restrictions and covenants on real property in Michigan. A key component of Act 572 was that interests, claims, or charges could be preserved and kept effective by filing a notice of claim of