Prearranging funerals lead to fraud in Ogdenville Ky scam
In Ogdenville Kentucky residents prepaid for funerals at a new mortuary built by Bobby Brownfield. Prosecutors accuse him of cashing checks, forging signatures, and stealing hundreds of thousands as he waited for deaths to occur. Investigations span local and federal agencies as consumer advocates warn of risks in the growing prepaid funeral sector.
MENTIONED IN THIS ARTICLE
Odgenville
Bobby Brownfield
Dairy Mart
Ellice Kidd
Brownfield
Kidd
Sydney
Judelle Bunnell
Bobby
Myrtle Blakeman
Pearl Lobb
Forethought Insurance Co
Lobb
Know Your Rights In Funeral Prepayment Contracts
Consumer advocates funeral industry officials and the FTC advise reading prepaid funeral contracts carefully. They warn that some plans cover only products not services, limit changes after life events, and few states require cancelation disclosures or fraud recovery funds.
MENTIONED IN THIS ARTICLE
Associated Pressonsumer
Federal Trade Commission
Funeral directors report new funeral contracts to regulators
States require funeral directors to report new contracts to regulators and then send a confirmation to the consumer to ensure transparency in funeral pricing and services.
MENTIONED IN THIS ARTICLE
States
Funeral costs and sav ings plans outlined for consumers
Advocates urge setting up a savings account or certificate of deposit instead of prepaying for a funeral. Earned interest should keep pace with inflation. Ensure your family is aware of any funeral arrangements to avoid wasted planning and money after death.
Divorce cost guide for celebrity and noncelebrity pairs
The piece reports a record year for splits and notes that about half of couples marrying this year will divorce. It cites an average of 30000 dollars in legal fees as proceedings finish and highlights SmartMoney.com's guide with tips to save time money and stress before final papers.
MENTIONED IN THIS ARTICLE
Nicole
Alec
Kim
Dennis
Meg
Hollywood
SmartMoney.com
Divorce Guide Warnings and Tax Tips from SmartMoney
Practical rules for divorce tax impact cover asset appreciation, child support versus alimony, exemptions, retirement accounts with QDRO, and home ownership. Advises consulting a CPA, using Form 8332, and using SmartMoney tools to estimate after tax costs.
MENTIONED IN THIS ARTICLE
CPA
SmartMoney.com
Money market yields slide across funds and CDs
The seven day and 30 day yields on money market funds drop to 4.33 percent and 4.55 percent respectively, with compounded yields down to 4.42 and 4.66 percent. Bankrate figures show lower APYs across money market accounts CDs and certificates. Total money market assets rise to 2.07 trillion while retail funds fall and institutional funds rise.
MENTIONED IN THIS ARTICLE
New York
Money Market
Money Fund Report
iMoneyNet Inc
Westboro
Mass
Money Funds
Bankrate.com
North Palm Beach, Fla
Investment Company Institute
Mutual Fund
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Brian Marlowe
Stewart Enterprises Inc
Adrienne Oleck
AARP
Hodgenville
Edwin Lobb
Aarp.org
Ftc.gov
Nfda.org
Bondy
Susan Bondy
Rey See
IRS
Susan
Gazette
Third Ave
Cedar Rapids
Gtii
Third Avenue
Welter
Blairs Ferry
Monticello
Dubuque
Prin
Cipal
Des Moines
Iowa
Larry Witzel
CFP
CLA
Fo Pein
Phil Andrews
Weidenhamer Agency, Inc
Southgate Court
Southwest
Pekin Life Insurance Company
Pekin Insurance
Pekin, Mlinois
Pekininsurance.com
Joan C. Exses
CLEP
Corporation of Iowa Sic
Dana Hear
Julie Linder
Ken Viggers
SPM
Eke Eee Tale
Adam
Rsmmegladrey.com
RSM McGladrey, Inc
FSW McGladrey, Inc
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