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| External News and Resources | Mark Patterson describes his blog (http://gotoretirement.com/) as a Baby Boomer's journey from retirement planning to retirement living. It is a great resource for many aspects of retirement planning. Check it out!
Few insurers will pay for long-term care provided by family members, says NPR in this article.
"Almost half of American households are on course to struggle through retirement." See the Chicago Tribune article here.
The New York Times discusses what to do about a "Do Not Resuscitate" Order in this article.
CNBC lists seven questions you should ask while planning your retirement finances here. |
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What Makes a Great Holiday?
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A great holiday often means the satisfaction contributing to an organization that solves real problems for real people. Here are some wonderful things our clients have said about us this year.
I am so grateful for your help. You were the only service that was helpful for my problems. The information I received was clean, precise and most of all to the point. ~Vivian Green, Ann Arbor, MI
Louie was kind and gentle with his words. He listened to me with his heart and head and I appreciated him and this work he is doing and that you are all doing. Thank you so much." ~Sandra Walker, Lansing, MI
I (had) a hard time understand(ing) what to do about my situation until I talked to the attorney. Thank(s) so much. ~Lois Barone, Grand Rapids, MI
Thank you for reading our newsletter, supporting our work, and contributing financially to Elder Law of Michigan for the past year. I hope we can count on your generosity in the last days of 2010 to continue our high quality programs and services in 2011. Please visit our website at www.elderlawofmi.org/donate to make a contribution before the end of the year.
Thank you,
Kate White, Executive Director |
"It Really Helps"
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 "It's so nice for the residents to know that they can have food on their tables all month long. Before getting the Bridge Card, many of us would run out of food by the end of the month," said Linda Hedley of East Lansing.
We are happy to share the story of Linda, a recent client from the MiCAFE program. Read her story here. (PDF)
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THE BEST KEPT SECRET IN MICHIGAN
| | By Kate White, Executive Director
Did you know that Michigan has a Pension Rights Project? Unfortunately, not a lot of people do!
It's a secret that needs to be let out. We are one of 22 states to have a pension advocacy program. Pensions are increasingly in the news. It is important for you to know that should you or someone you care about have a problem with pension benefits,
there is free help available.
For more information, see the full article here. (PDF)
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| Attorney Wes MacIntosh to Lead New Reverse Mortgage Counseling Project | | 
Starting in January 2010, Elder Law of Michigan will add Reverse Mortgage Counseling to its work in the area of economic security. "We are very excited to have Wes and other staff trained to advise older adults on this important option for financing long term care of basic needs in retirement," said Kate White, Executive Director. Reverse mortgages are used to generate cash for older adults, using the equity in the home.
Homeowners must be able to maintain the home, and continue to pay property taxes and homeowners insurance on the property. "Our emphasis is on educating the homeowner about the benefits and drawbacks of reverse mortgages, including but not limited to discussing payment options and alternatives to reverse mortgages," said White.
To request Reverse Mortgage Counseling, please contact the Legal Hotline for Michigan Seniors at 800-347-5297.
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