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.
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Guardianship Abuse and Neglect and How to Protect your Loved OneWhen an adult is in need of a guardian, this is usually due to the fact that there are incapacitated in some way. A person in this position is vulnerable as they often cannot make important decisions for themselves and may be limited in their ability to advocate for their needs. Therefore, their guardian is... Read More »
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The Family Farm and Estate PlanningMichigan is abundant with farmland and, in many cases, these lands are cultivated by family farming businesses. Often, the family will have built their farming business from the ground up and will want to see it continue for generations to come. While this seems like a natural progression, estate planning for family farms can present... Read More »
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How to Prepare for IncapacityAs we age, it is inevitable that there will be signs of this process. For some, this will mean experiencing less physical strength and stamina. However, for others, getting older may result in a decline in mental functioning. This could be due to an onset of dementia or the result of another medical condition. In... Read More »
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Are Your Heirs Ready for Your Collectibles?Many people invest in collectibles. Sometimes it’s an intentional investment; other times, the collection accrues simply from the love of collecting. And sometimes, people come into a collection as part of an inheritance without even realizing it has additional value. Interestingly enough, the collectibles market can be just as volatile as any financial market. In... Read More »
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Keeping Your Mind and Body HealthyFor seniors, regular exercise, proper nutrition, social activity, and intellectually stimulating activities can provide benefits which span from having healthier bodies with fewer visits to the doctor to being able to remain physically and mentally engaged with the world around them for many years to come. Here are some methods of keeping your body and... Read More »
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Preparing for IncapacityNo one is fully prepared to hear that their mental capacity is declining. Depending on when a physician is consulted it may be that the patient is in the early stages of a mentally debilitating condition or their illness may be more advanced. For others, it may be that their mental health is not diminished,... Read More »
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When is the Best Time for Social Security?Approaching retirement is a time when you will be assessing your ability to be in the right financial position to live comfortably. A good place to begin is by considering your retirement income sources and making a realistic calculation of your available funds. For many people, Social Security and the timing of when to draw... Read More »