The ol’ 401K after a good bear market

My sister called me recently to tell me that she stopped paying into her retirement account at work. Her feeling was "why should I continue? I put a dollar in there and it turns into 50 cents the next day!" While a dramatic exaggeration of...

Ask the advisors: Addressing your MBT questions

Dear Advisors:We've all heard about the negative points regarding the new Michigan Business Tax (MBT). Are there any positive changes?Although they appeal to a fairly small percentage of taxpayers, there are some favorable aspects of the MBT. For instance, under the Single Business Tax, businesses...

New development plans shine through gloom

REGION - The nightmare on Wall Street hasn't prevented companies and nonprofits from pursuing their dream development projects in the Grand Traverse region.They have visions of a new YMCA facility on Silver Lake Road, a 271,000 square-foot shopping center in Acme, a cancer center in...

Workin’ 9 to 5… and 6 to 10 and 11 to 4

REGION - It's official. The economic downturn has worked its way from Wall Street warnings and into the lives of northwest lower Michigan residents. Most locals now have neighbors, friends, or family affected by foreclosure, bankruptcy, unemployment, or all three. Yet while Michigan grapples with...

Layoffs create new set of legal worries for employers

TRAVERSE CITY - It's not called the WARN Act for nothing. If the recession has forced your business to lay off workers, the economics behind that decision, however sound, could be the least of your worries, say local employment attorneys. A variety of state and...

Finding a real estate agent of your dreams… A checklist:

This is the last in our series of articles discussing your team of professionals that can assist you in designing, building, financing or selling your home. Here's some advice from some of the community's well-respected real estate professionals on selecting a realtor. We also conducted...

Culver Meadows to break ground on second facility

TRAVERSE CITY - Families seeking housing for loved ones with dementia will have another option when Culver Meadows opens a new facility this fall. Owners Trina and Brad Jewett of Traverse City will be breaking ground on a new 20-bed adult foster care home...