Opinion

Life Care Planning

Victor, age 75, wants to relieve his family from having to make decisions regarding his medical care in the event that he suffers a terminal illness, irreversible condition, coma or is likely to die within a short period of time unless he has extraordinary life-sustaining treatment. What can he do to relieve his loved ones of the burden of making the decision to withhold this life-sustaining treatment?

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Culture, Sources and Methods

Economists (practitioners of the dismal science) tell us that the United States will experience an economic recession within the coming months, because the branch of our federal government most directly responsible creating or avoiding recession (the Federal Reserve or simply The Fed) is actively doing all it can to create a recession.

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From the Editor

The world of newspapers is a fluid, ever- changing world with the advent of the internet over the last 30 years. When I was growing up in Houston and Pearland in the 60s and 70s, we had two newspapers; the Houston Post and the Houston Chronicle. My grandparents received both newspapers each day.

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Letter from your CherryRoad Publisher

Dear Readers and Community Members, Today, we are announcing a reduction in print frequency for the Stephenville Empire-Tribune. Currently a two day per week newspaper, as of the week of January 16th, we will be delivering one paper per week on Wednesdays. As a result, subscribers will see an extension of their expiration date.

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Life Care Planning

Lester, a widower, age 75, owns a ranch with 350 acres which he purchased fifty years ago. The property has greatly appreciated in value over time. His will leaves the property to his son and daughter in equal shares. However, Lester has considered selling the property now because he may no longer be able to live alone on the ranch and care for it. The problem with selling now is that he will incur substantial capital gains tax on the difference between what he paid for the property and its current value.

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Find Your Balance

Ahhhh! Here we are at the dawn of a New Year! It's almost mind boggling. As I sit in my patio recliner sipping hot tea, I'm a little reflective, looking back on the last couple of years and I'm pretty sure I don't want to go back. Scripture teaches us to look forward.

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Toss the Resolutions

New Year's Resolutions... they're as much a tradition as eggnog and fireworks. One of the main differences is that, while other traditions make us feel good, these yearly goals often convince us we're failures. U.S. News reports that 80% of people toss aside these hopeful aims by Valentine's Day. Why bother? We'd be better off ditching the resolutions and making cookies instead.

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Mom and pop stores and the economy

This year was a challenge for our entire country as we tried to spring back from Covid and a economy that is tanking pretty quickly. The “experts” claim that we aren’t in a recession. A recession is defined as a “significant decline in economic activity that is spread across the economy and that lasts more than a few months.” Other experts claim that we will soon be in a recession. I guess $5/gallon gas prices are part of the “experts’” equation. Grocery stores, oil companies, and big box stores have enjoyed record profits while “mom and pop” stores are closing by the scores every day.

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