General Durable Power of Attorney: What Is It And Why Should You Have One?

Aug 10,2015

A general durable power of attorney is a legal document authorizing someone (called your Agent or Attorney-in-Fact) to manage your financial affairs on your behalf. This individual can perform any actions that you could do for yourself, such as signing checks, buying or selling real estate, depositing or withdrawing funds, even run a business! The bonus […]

The Need for Long-Term Care Planning

Aug 03,2015

Many people are under the impression that long-term care planning is not necessary or that it is only needed by those individuals approaching older age. The reality is that due to a disability or the aftermath of a sudden accident, people of all ages might sometimes find themselves in need of long-term care services. In […]

Planning Ahead for Healthcare Decisions

Jul 27,2015

There are two important keys for factoring in healthcare decisions late in life. These are the living will and a healthcare proxy. They not only provide directions for someone’s care, but they also keep decisions from being made in expensive court proceedings.  […]

Tips for Succession Planning: Getting Out and Moving On

Jul 21,2015

There are plenty of stories about the challenges of moving on from a business when it’s time to leave, but there are also more positive stories about proven paths for successful business exits. One such example is that of Arbor Investments LLC in Michigan after the sale of 208 Arbor Drug Stores in 1998.  […]

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