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July 26, 2010, 9:11 am

What happens if you are unable to make your own health care decisions? By planning ahead, you can make your wishes known and name the individual that you trust to make such decisions on your behalf.

It is difficult for most people to consider a time when they cannot make decisions for themselves. Yet, this is exactly what happens when an accident or illness leaves us physically or mentally incapacitated and unable to either express our desires or possibly unable to logically evaluate our own medical situation.
The law allows you to officially express your desires as well as give permission to another person to make decisions concerning your health care when you cannot. There are two documents that you need to create: a living will and a durable power of attorney for health care.
 
July 19, 2010, 2:26 pm

Goldman Sachs agrees to pay a $550 million fine to the SEC. They said they made a mistake in not disclosing all the facts before investing their own clients’ money in a deal that was intentionally stacked against the investors. That’s appalling!

July 12, 2010, 9:23 am

Higher income taxes are in our future. I hope I am wrong, but Congress can take no action and still raise our personal income taxes for 2011 and beyond. How does this change our thinking and strategies for minimizing income taxes?

The Bush tax cuts enacted in 2001 are set to expire on December 31, 2010, unless Congress takes action to extend them. To date, there has been no strong evidence that this will occur. This means that your personal income tax rates for 2011 will be higher than they were in 2010. 
 

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