Living wills and living trusts explained clearly
Reader asks about differences between living wills and living trusts. Bruce explains a living will specifies end of extraordinary medical measures if recovery is unlikely, while a living trust avoids probate by passing assets directly to beneficiaries. The letter also notes no inheritance tax relief from a living trust and suggests consulting an attorney for tailored options.
MENTIONED IN THIS ARTICLE
Bruce
A.M
Aurora
Indl
Catherie Hill
Labor unions show visibility rise amid strikes and politics
Washington AP notes unions gain public visibility through GM strikes Northwest Airlines pilots and other actions while facing declining membership. AFL-CIO chief John Sweeney cites organizing wins and political advances but warns benefits are not yet tangible. labor counts fewer strikes 1997 and sees hopes for growth via organizing and voter mobilization.
MENTIONED IN THIS ARTICLE
Washington
Northwest Airlines
America
National Labor Relations Board
Afl-Cio
John Sweeney
Congress
Sweeney
U.S. Chamber of Commerce
Thomas J. Donahue
Teamsters
Labor
International Association of Machinists
United Airlines
Northwest pilots strike hits Detroit economy hard
Detroit area faces a 30 million daily loss as Northwest pilots strike. The stoppage affects 150 000 daily Northwest passengers at Metro Airport and puts 6 500 Detroit based Northwest workers out of work along with 1 000 supporting staff. Local businesses report sharp drops in demand as travel shifts to other carriers and car rentals surge to meet demand.
MENTIONED IN THIS ARTICLE
Metro Detroit
William Wilson
Michigan
Comerica Bank
Detroit
Northwest Airlines
Wilson
Northwest
Metro
General Motors Corp
Cheers
Sukhbir Gill
Metro Airport
Mike Tibara
North Dakota
Canada
Air Canada
C.J. Troup
Travel Bazaar
Toledo
Ohio
U.S. Postal Service
Dan Callahan
National Car Rental
Cleveland
Chicago
Sloina
Ager
Central Travel
Maumee
Ill
Des Moines
Iowa
Union City Body Co
Indiana
Flint
Dan Flores
Flores
Northwest Air Lines pilots strike talks end without progress
Mediation efforts at a Chicago hotel failed to bridge the 180 million dollar annual wage gap between Northwest Airlines and the Air Line Pilots Association as talks paused with no details released. Northwest reports 6,100 pilots on strike since August 28 and 27,700 of 50,000 employees on temporary leave, with flight cancellations through midweek and Europe and Asia arrivals halted.
MENTIONED IN THIS ARTICLE
Rosemont
Ill
Northwest Airlimes
Chicago
Northwest
Air Line Pilots Association
Maggie Jacobsen
National Mediation Board
Minneapolis
Jon Austin
Paul Omodt
North America
Europe
Asia
India
Also Mentioned on This Page
J.S
Pawtucket
Bul
Javits Convention Center
New York City
Catherine
Smart Money
P.O
Elfers
Bethlilgte Net
Bruce Williams
State of Labor
Communications Workers of America
Bell Atlantic
US West
Alexis Herman
Federal Mediation and Conciliation Service
NLRB
Detroit News
Beverly Enterprises, Inc
Federation
Party of 4
Len Schoenborn
Burger King
Sinke
Wayne County
Holly Lewandowski
Rory Drew
Detroit Metropolitan Airport
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