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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Aug 26, 2001
Page
35
Readers misinterpret divorce decrees as freeing them from joint debt. Creditors may still pursue you if your ex-spouse misses payments on joint accounts. Contact creditors before divorce to transfer liability or close joint accounts and open individual ones to protect your credit.
Money market funds show softer returns as seven day yields fall to 3.21 percent and 30 day yields decline to 3.27 percent. Compounded seven day and 30 day yields slip to 3.26 percent and 3.32 percent respectively with portfolio average maturity steady at 56 days. Total money market assets rise to 2.137 trillion from 2.101 trillion last week.
Betty Lin-Fisher outlines why everyone should consider a will. Summit County probate Judge Bill Spicer and attorney Patricia Hill urge professional help, warn against DIY software, and explain wills, executors, witnesses, guardians, and living trusts in plain terms.
Betty LinFisher reviews four computer programs and a paper kit for do it yourself wills. KIPLINGER'S WILLPOWER and NOLO WILLMAKER 8 prove confusing or risky, QUICKEN WILLWRITER 2001 appears clearer and recommended, while E Z LEGAL FORMS offers a basic one will kit with limited trust options.
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