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Michigan has an estimated per capita income of $27,549 and median household income of $50,803 [1] Michigan counties by per capita income Note: Data is from the 2010 ...
The difference in housing costs from state to state is especially important. The Bureau of Economic Analysis has calculated that the regional price parity of U.S. states ranges from 84.4 in Mississippi (the cheapest state in which to live) to Hawaii at 119.3 (the most expensive state).
The cost of living calculator also breaks down the difference in typical costs between the two locations, including average rent and home prices. Let’s say you currently live in Joplin, Missouri ...
Revocable living trusts were often touted and marketed as valuable solely because of their ability to "avoid probate" and the costs and complications that surrounded it. Although probate avoidance is certainly a consideration in the use of a "living trust", there are many other estate planning techniques which also "avoid" probate.
A living trust takes a bit more work and is typically costlier to set up than a will. ... potentially adding time and costs. Living trusts also often make sense for those who deeply value privacy.
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