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HEADLINES
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DID
YOU KNOW?
Family-Owned Business Succession Requires
Foresight and Delicate Planning
For every family-owned and -operated business,
the process of passing the control of the enterprise to the next generation
requires foresight and delicate planning, as well as sensitivity to the
needs of the people involved.
HEALTH HAPPENINGS
Brains Need Exercise Too!
An active brain is a healthy brain, according
to researchers at Case Western Reserve University. Staying active
outside of work, either physically or mentally, in midlife years may help
prevent Alzheimer’s disease later in life.
LOCAL LINES
Region 10 Hosts 'Law School' in Montrose
The Region 10 Area Agency
on Aging and The Law Offices of Baird B. Brown, P.C. are hosting a one
day "law school" for seniors from 9 a.m. to 3 p.m. on Friday, Sept. 22.
MEDI-MINUTES
States Warned About Transfers
The Health Care Financing Administration
has announced that it will soon release regulations to cut down on illegitimate
"intergovernmental transfers," a payment mechanism which some states abuse
to increase Medicaid matching money from the federal government.
Clinton Plans Medicare Cancer Drug Cuts
The Clinton Administration has announced
plans to cut Medicare payments for anticancer drugs administered in doctors’
offices. Both the medical community and Congress have voiced objections
to the planned cuts, which will affect hundreds of thousands of elderly
patients.
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Top
Site
Of
The
Week:
U.S.
Estate and Gift Tax Law
from
the Legal Information Institute
at
Cornell University
Book
Of
The
Week:
60
Minute Estate Planner
MORE
HEADLINES...
NATIONAL NOTES
House Repeals Tax on Social Security Benefits
The U.S. House of Representatives has voted
to repeal the tax on Social Security benefits for higher-income beneficiaries.
NEWS YOU
CAN
USE
Claim Denied? Here's Tips to Get Your Insurance
Company to Pay
What should you do if an HMO or health
insurance company denies your claim? Here are some possible approaches
that might help.
RESOURCE CORNER
How's Your County's Health?
Officials and residents in all 3,082 US
counties can now access a Web-based snapshot of their county’s health status.
TAX TID-BITS
IRS Issues Proposed Regulations for
Transfers to Foreign Trusts
The IRS has issued proposed regulations
for recognizing gain on transfers of appreciated property to foreign trusts
and estates. |