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How Retirement Planning Affects Estate Planning

Most Michigan residents have some form of retirement savings. The most common types of retirement accounts are IRAs, 401(k) plans, and Roth IRA plans. Each has specific rules governing how and when withdrawals are made. In addition, there are significant estate planning implications for handling...

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Witnessing and Reporting Nursing Home Abuse

Sadly, nursing home abuse is an everyday occurrence in Michigan. In some cases the abuse takes the form of neglect. But sometimes the abuse escalates to physical or even sexual assault. Family members often suspect nursing home abuse but fail to report it, either because they...

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Recognizing Scams

While anyone can fall prey to a scam, many con artists choose to focus their attention on the elderly. Michigan seniors may find themselves the target of any number of scams involving Medicare, insurance, and estate planning. It is important to recognize the signs of...

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Best Life Insurance Plan Options

If you are currently thinking about estate planning and are considering purchasing life insurance, it is important to consider a number of different options. As an article in Consumer Affairs explains, while many Americans decide not to purchase life insurance (some simply because they do...

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Burial Benefits for Veterans

Losing a loved one is difficult under any circumstances, and it can be challenging to think about financial issues when you are coming to terms with the death emotionally. Yet it is important for families of veterans to know about burial veterans for benefits and...

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Pensions and Estate Planning

For residents of Grand Rapids, Michigan who are thinking about estate planning and, in particular, are thinking about options concerning their pensions, it is important to understand how estate planning is connection to decisions about your pension. First, what is a pension? Is this something...

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What Happens to Your Michigan Business After You Die?

For business owners in Michigan, planning for their business’ future after their death is an important consideration. This article will consider what happens to a Michigan business after its owner’s death, the process of transferring a business, what happens when a business is not transferred...

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