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Guardianships
November 5th, 2009
If you are in a position to be a guardian of another person, it is important to understand what you are getting into. While it is a huge responsibility, it can be extremely rewarding knowing that you are helping someone who can not help themselves. U…
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When Primary Homes Become Investment (Rental) Properties
October 7th, 2009
Did you buy a new home and can’t sell your old one because of the depressed real estate market? Do you know someone who was forced to relocate for a new job but cannot sell their home? These scenarios are increasing for a number of reasons; and wit…
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Moving out of town with the children? Better check the fine print.
September 29th, 2009
If you are a parent with minor children whose custody is governed by a court order, you better contact an attorney before you decide to pack up and move. Michigan law requires court approval if you plan to move more than 100 miles from the child’s…
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Categories: Firm News
New Source of Venture Capital
September 23rd, 2009
Are you looking for a new source of venture capital to start a new business? The IRS, through a private letter ruling, has approved the use of retirement plan benefits to fund a new business start up. Let’s assume that you have retirement benefits…
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New Requirements for Residential Mortgage Lenders
August 27th, 2009
Mortgage brokers, lenders and servicers and their agents are now required to register with the Commissioner of the Office of Financial and Insurance Regulation of the Michigan Department of Labor and Economic Growth, before providing mortgage loan se…
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Categories: Real Estate
Traffic Tickets - Paying Upfront Can Cost You
August 27th, 2009
Auto insurance companies determine a driver’s premium based on accidents, tickets and other relevant information. While you may not have total control over an accident, it is possible to limit the number of points on your driving record. When y…
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Categories: Traffic Offenses
August is Make-a-Will Month
August 27th, 2009
Do you and your family have appropriate estate plans? A will or revocable living trust are the cornerstones on which family members and loved ones build financial security after your death. Additionally, Durable Powers of Attorney and Patient Advocat…
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Healthcare Reform Proposal and its Potential Effect on Business
July 23rd, 2009
The Jackson and US Chambers of Commerce oppose the current health care reform proposal which is before the US Congress because of the burden it will place on already financially-strapped businesses. In a recent “Call to Action” to its members, th…
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Categories: Business Services
Oil Boom – Landowner Beware
July 23rd, 2009
As was recently reported in the Jackson Citizen Patriot newspaper, the Jackson, Michigan area is experiencing an oil exploration boom. Many exploration and drilling companies are combing the area, signing leases with landowners, and exploring the sub…
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Categories: Real Estate
IRS Loses Battle with Entrepreneurs
July 23rd, 2009
A recent Tax Court decision held that investors in certain businesses could deduct losses associated with those businesses against salary and investment income. This decision goes against a long-standing position taken by the IRS that such losses cou…
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