In our regularly updated blog, we discuss a wide range of topics of interest to Michigan seniors and their families. Learn what estate planning documents are essential in case of incapacity due to illness or injury, why you might benefit from creating a trust, how to use Medicaid benefits to pay for long-term care needs, and much more. To discuss your specific concerns, please contact our office to request a free initial consultation.
- Page 7
-
When Should You Begin Receiving Your Social Security? Payments?Approaching retirement can be an exciting time when you plan on how you will be enjoying yourself with friends and family. Naturally, as you prepare your budget for this time in your life, you will consider your sources of retirement income. For most, Social Security income will be a consideration in making these plans. Figuring... Read More »
-
Estate Planning as a Single ParentWhen you are a single parent, your children depend on you for everything from their food and shelter to paying for their extracurricular and medical expenses. Additionally, you serve as a primary source of love and emotional stability for your children. While meeting their day-to-day physical and emotional needs is imperative, it is equally important... Read More »
-
When a Horse Visits a Nursing HomeAn unusual visit brought joy to nursing home residents as they were able to meet and pet the massive, affectionate horse.
-
Improving Your Retirement PlanRetirement is a goal for many Americans. Ideally, after years of devoting themselves to work, an individual will be able to transition comfortably into enjoying their post-employment life. However, to achieve this goal, it is critical that potential retirees take steps today to prepare for their future. While you may have made some preparations, there are... Read More »
-
A Retirement Home for CatsIt would be an understatement to say that Floridian retirees Bruce and Terry Jenkins are cat lovers. In fact, the 70-year-old couple fancy the feline species so much that they decided to open up their one-acre property to create a retirement home just for cats. The couple’s backyard was once a playground for their children,... Read More »
-
Did You Buy A New Home But Are Still Trying To Sell Your Old Home? Here’s How To Keep Your Property Taxes From Going Up.On April 8, 2008, former Governor Granholm signed an amendment to the law that enables a person who has established a new principal residence to keep a Principal Residence Exemption (PRE) on property previously exempt as the owner’s principal residence. The conditional rescission allows an owner to receive a PRE on his or her current... Read More »
-
Special Needs Planning and Mental Health IssuesParents of children with complex psychiatric needs are often tasked with addressing their child’s medical and educational issues while providing a supportive family environment. In some cases, the child’s mental health needs will extend into adulthood and inhibit their ability to provide for themselves. As caregiving parents age, it is often necessary to have measures... Read More »
-
More People Are Working Right Past Their RetirementMany of us look forward to exiting the workforce around age 63, the average age of retirement in The U.S. However, there seems to be a new trend forming among people reaching that retirement age. Older and older adults are remaining in the working world for years beyond their possible retirement.
-
Seniors Alert – Funeral Notice ScammersSavvy seniors are becoming very smart about spotting scam messages. So scammers are always on the hunt for new ways to evade the “delete” button. This scam email, disguised as a funeral notification, reaches a new low, and is targeted at seniors. How the Scam Works: You receive an email with the subject line “funeral... Read More »
-
Probate In Michigan – Don’t Make This MistakeMichigan probate law is a strange creature. Sometimes when you plan without fully understanding this creature, the result is directly opposite what you intended. Let me tell you a sad story about “Mrs. Smith”. Mrs. Smith had four children, all of whom she loved and trusted. One daughter, Sally, lived closer and started helping Mrs.... Read More »