Death, cash and confusion in a late-in-life marriage
Dear Bruce examines an estate dispute after a father’s death amid a blended family. It explores intestacy rules, potential joint accounts, and the invalidity of a verbal contract on inheritance, advising a will and probate steps. The column also answers a reader about whether dropping collision coverage on an older car saves money and at what cost.
MENTIONED IN THIS ARTICLE
G.M
Warsaw
Bruce
J.C
Elmira
Trade tensions ease as China piracy crackdown agreed
Washington AP report says a narrowly averted US China trade war centers on stronger enforcement of intellectual property. China will pursue WTO membership while pledging a six month piracy raid and destruction of pirate goods. Clinton calls the agreement a strong step to save over $1 billion in annual exports.
MENTIONED IN THIS ARTICLE
Washington
United States
China
World Trade Organization
Clinton
U.S
Mickey Kantor
Barings Collapse Shocks Asia Markets After Rogue Trader
Asian markets reel as Barings Bank fails amid a rogue trader scandal. A 28 year old Briton, Nicholas Leeson, allegedly gambled away hundreds of millions in unauthorized futures trades, fleeing Singapore. The Nikkei plunges about 16 percent, signaling broad financial tremors and potential administration of Barings by Ernst & Young.
MENTIONED IN THIS ARTICLE
Hong Kong
Britain
Baring Browners & Co
Bank of England
Associated Press
Howard Gorges
South China
Barings
Ernst & Young
New York
Hank
Pepuris 1
DunBapure
Nicholas William Leeson
Barings Future
Singapore
Business Times
Leeson
Asia
Tokyo Stock Exchange
Mitsuru Kanno
Wako Securities
Tokyo
Tot moms likeliest to be hurt on job study finds
A study of Southern California aerospace workers shows mothers with children under six face threefold higher on the job injury risk than women with older children or none. Older caregivers over 50 also show sevenfold risk. experts urge safety improvements without bias while noting preschool mothers are a fast growing workforce segment.
MENTIONED IN THIS ARTICLE
Southern
California
Jess F. Kraus
Journal
Epidemiology
University of California, Los Angeles
Baker
Forecasters expect one more Fed hike then easing by year end
A NABE survey of 48 economists predicts one final rate increase in late winter or early spring followed by a reduction later in 1995 as the economy slows. Growth projected at about 2.4 percent in 1995 and 2.2 percent in 1996 with inflation easing but unemployment rising to about 5.7 percent in 1996.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
National Association of Business Economists
Association
Fed
Alan Greenspan
Congress
NABE
Ousted Phar Mor exec faces second trial
Michael Monus, former Phar Mor Inc. president, walks free after a hung jury on all counts. Indicted on over 100 felonies, he faces a second trial as prosecutors, Phar Mor Management, and observers weigh possible edge for the defense in a cloudy Cleveland courthouse scene.
MENTIONED IN THIS ARTICLE
Cleveland (Ap
Phar-Mor Inc
Michael Monus
Cleveland
Monus
U.S
George White
Eral
Phar-Mor
James McElhaney
Case Western Reserve University
Also Mentioned on This Page
Dad
Smart Money
P.O
Eijers
Bruce ‘Williams
Charlene Barshefsky
Wu Yi
Barings Closes
Old British Bank
London
Baring Brothers & Co
Susan P. Baker
Johns Hopkins University
Amy Rock Wohl
Los Angeles County Fire Department
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