| Reimburse self for expenses from managing mom's interests
Dear Bruce: Should I be paying myself from my mother's money that I manage? Since moving back to Florida nine years ago, I have had increasing responsibilities for my 92-year-old mother, who lives 60 miles away. I have sold her house, car and moved her twice. I have gotten her an increase in her veteran's benefits. I put her money in CDs at a much higher interest rate than she was getting from her bank. For the past four years, I have had power of attorney. She was diagnosed with slow progressing Alzheimer's and has been staying in an assisted-living facility. I go there every two weeks and take her to all appointments. I manage her affairs and more. My sister makes one trip here a year from another state, stays at our home and spends a few hours with mother, yet she is listed as executrix in mother's will.
Are You Ready to Parent Your Parents?
Quick: can you answer the following: Do your parents have a will? Who will care for them if they become ill or incapacitated? How will you and your siblings share in that responsibility? Jim Comer, author of When Roles Reverse: A Guide to Parenting Your Parents (Hampton Roads Publishing, 2006), says that knowing the answers to questions like this can save families time, heartache and, perhaps most importantly, money they don't have to waste. "This book could save you $10,000, or much more," Comer said at a recent presentation to a packed audience at St. Edward's University in Austin . "But what it can save you in time and energy in finding the answers to your questions is priceless." In fact, there is an entire section of fifty questions Comer implores his readers not to ignore; questions like: can you legally take action on your parents' behalf in case of emergency? Are you authorized to make decisions on their behalf if they cannot? Do you have access to their medical and financial information to assist in transactions they are no longer capable of negotiating? Comer's book includes interviews with Elder Law attorneys to help readers negotiate the maze of legal cans and can'ts.
The Law Firm of Goldman Scarlato & Karon, PC Announces Class ...
CONSHOHOCKEN, Pa.--(BUSINESS WIRE)--Goldman Scarlato & Karon, P.C., a law firm with offices in Pennsylvania and Ohio, announces that a lawsuit has been filed in the United States District Court for the Central District of California, on behalf of persons who purchased or otherwise acquired publicly traded securities of New Century Financial Corp. ("New Century" or the "Company") (NYSE:NEW) between May 4, 2006 and February 7, 2007, inclusive, (the "Class Period"). The lawsuit was filed against New Century and certain officers and directors ("Defendants"). If you are a member of this class and wish to view a copy of a complaint and join this class action, please e-mail us at info@gsk-law.com and request a copy of the complaint and a plaintiff certification. If you are a member of the Class, you may move the Court no later than April 10, 2007 to serve as a lead plaintiff for the Class.
Rudd plays down poll popularity
Federal Opposition Leader Kevin Rudd says he takes no comfort from today's AC Nielsen opinion poll, which has found he is the most popular Opposition Leader in decades. The Sydney Morning Herald/Age AC Nielsen poll puts Labor well ahead of the Coalition and places Mr Rudd ahead of John Howard as preferred prime minister. But Mr Rudd has told Sky News he is not paying much attention to the results. "I take zero comfort from today's polls, absolutely zero, polls come, polls go, they go up, they go down," he said. "What I know is that history is actually against us. If you look at the pattern of the last decade often there is a resurgence in Labor polling in the six or nine months heading into the election and then what Mr Howard does is engage in the spending spree of the century." A high approval rating does not guarantee success - Labor leaders Bill Hayden, Kim Beazley and Mark Latham all rated well, but did not win office.
|
