Family & Estate

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Michigan Estate Recovery

Michigan’s Estate Recovery law, originally signed in 2007, went into effect on July 1, 2011. The estate recovery law is meant to allow the government to recoup money spent on Medicaid from the estates of individuals who took advantage of Medicaid funding to assist with the cost of nursing home care.  
 
The Estate Recovery law calls for the State of Michigan

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WHAT MAKES US HAPPY

In recent years, much research has been generated to answer the question of what makes us happy. While some evidence suggests that happiness is connected to wealth, the fact is that we are all “better off” than 50 years ago but we are not a lot happier. One researcher sees happiness as related to people rather than things. Here is

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NARCISSISM AND ENTITLEMENT

 These are the new dirty words of the decade. So many persons in me-centric world believe they are superior, entitled and owed something. Narcissism may include dead-end relationships with others, a serious pathological attachment to self, and usually profound insecurity. The sense of entitlement and self love have given rise to those who are infatuated with their own uniqueness and

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The Tax Reform Act of 2010

The Tax Reform Act of 2010
On December 18, 2010, President Obama signed the Tax Relief,
Unemployment Insurance Re-authorization and Job Creation Act of 2010 (TRA
2010). A few of the key provisions are summarized here below.
For individuals, income tax rates applicable in 2010 are extended for 2011
and 2012. Current rates are 10%, 15%, 25%, 28%, 33%, and 35%. In 2013,
absent any action

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Dads for Daughters

Author(s): Ann Stuursma, Tara Velting

Dads for Daughters
With Father’s Day less than a month away, we have been thinking about how dads influence their children but especially their daughters. Most psychologists believe that all future romantic relationships are influenced either in a positive or negative manner by the way a daughter interacts with her father during her “growing up” years.
Psychologist James Dobson (Focus on the

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Divorce In Recession – No One Wants The House

Author(s): Tara Velting, Ann Stuursma

Therecession is a very bad time to get a divorce. The divorce rate in 2009 fell 4% after rising to 7% in 2007. Many are waiting to divorce until the housing market rebounds , somewhat. For most people seeking a divorce, the biggest assets generally are ` retirements accounts and their home and its equity. However, according to

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New Year’s Resolution – Laugh More

Author(s): Bobbe Taber, Linda Junkins

What is your resolution this year? We hope you resolve to laugh more, Studies continue to show that people with better social relationships are more likely to live longer and recover more quickly from sickness, Laughter is a vital part of all good relationships and helps bond us together.
Laugher has many health benefits. Laughing…

Relaxes the muscles
Stimulates the organs with oxygen-rich

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End-Of-Year Tax Considerations

Author(s): Ann Stuursma, Tara Velting

lf you have waited until the last minute this year to make decisions on monetary gifts and decisions regarding your retirement accounts, please keep the following information in mind.
In 2009, there is no penalty for seniors who fail to take the required minimum distributions from their IRA and employee retirement accounts. Last year, as the stock market continued to fall,

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Failure Is An Event – Not A Person

Author(s): Ann Stuursma, Tara Velting

Divorce is often a bitter and emotionally draining experience, not only for the adult parties, but perhaps especially for the children. Children are often put in the middle while the adults fight about who is in control. ln a joint legal custody situation, by far the most common in Michigan, the parties are expected to make joint decisions regarding their,

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Words To Live By

Author(s): Ann Stuursma, Tara Velting

In his book, Ten Powerful Phrases for Positive People, businessman, Rich DeVos, focuses on key phrases that he has found to help overcome differences, build relationships, and make us feel positive aboutourselves and others. Everyone can benefit from this book and learning just how powerful the ten phrases can be when implemented in your life. As the holidays approach, we

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