| Naming trustee draws clear plan
LIVING TRUSTS: As most of you probably know, a living trust is an estate-planning tool that groups major assets under a trust for legal purposes. One of its major benefits is the "successor trustee" feature. This is where the owners of the trust, typically parents, designate the order of those who would oversee the trust. Almost always, the surviving parent becomes the trustee after the death of the partner. Then, the choice of who is next in line is clearly defined in the trust. Most estate planners advise parents with more than one child to choose a single one as next in line, rather than naming two or more. This all came into play in my case, as my mother developed dementia and became unable to handle her financial affairs. The living trust named me as the successor trustee to her, as the surviving parent.
Nursing home group opposes stockyards
The proposed relocation of Blue Grass Stockyards to Midway "puts at severe risk" the plans for a new nursing home/assisted-living center in that Woodford County town, according to a non-profit task force that has worked eight years to make the nursing home a reality. For that reason and others, the Midway City Council passed a resolution this week asking Woodford Fiscal Court to withdraw the fiscal court's application for a text amendment in the county zoning law that would allow the stockyards to move to an industrial park north of Interstate 64. That amendment must be recommended by the county planning commission and approved by the Midway City Council before the stockyards could move from Lexington. A public hearing on the text amendment is scheduled for Feb.
Stomach illness hits Menorah
Beachwood- A restriction on visitors and activities at the Menorah Park campus of senior living centers will continue through the weekend because of two outbreaks of a stomach virus. The Stone Gardens assisted- living home went under a relaxed and self-imposed quarantine Monday after some of its 120 residents had stomach flu symptoms. As of Friday, there were 13 active cases. On Thursday, Menorah put restrictions on the Fairmount pavilion, where 18 of 67 residents had symptoms. Other parts of Menorah Park were not affected. The campus has 960 residents. "They're being very proactive about trying to get it under control," said Andrea Arendt, an epidemiologist for the Cuyahoga County Health Department. Arendt said the illness is probably norovirus, commonly called stomach flu, which usually clears up within 48 hours.
Financial planner's new book aims to help retirees
REGION Financial planner Matthew Tuttle recently penned a book that addresses a growing demographic he feels is too often neglected by Wall Street those over 65 years old. "I do a ton of speaking and [retirees] ask me 'Is there a good [financial] book to read?'" he said. "The answer is there really wasn't one for people who are already retired."
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Batavia woman, WWII nurse mourned
Growing up in a farmhouse that lacked indoor plumbing, Margaret Wood couldnt have realized her future would include flying trans-Atlantic flights as a Womens Army Air Corps nurse during World War II. Her assignment with the 817th Medical Air Evacuation squadron took her to France, Germany and the Azores, where she transported wounded troops to England for more medical treatment. Patriotism led her to enlist in the service after graduating from nursing school at the University of Michigan. We got all caught up in the spirit of the adventure, and it just seemed the thing to do, Wood told a newspaper reporter several years ago. A longtime resident of Western Springs and a Batavia resident since 1998, Wood died Monday after a brief illness. She was 87. Born Feb. 21, 1919, the former Margaret Langdon grew up in Hubbardston, a small Michigan farm town.
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