Can I protect my daughter’s inheritance from her husband?
Q. My daughter, my only child, recently married a nice man but he is not responsible with his finances. His only source of income is a monthly stipend he receives from a trust and earned income from being a rideshare driver. He has at least $5,000 in credit card debt. I named my daughter as my beneficiary on my Roth IRA and 401(k) accounts. I don’t want my son-in-law to have any access to this money or through a divorce via equitable distribution. She will also get my house and other investments. Is a bloodline trust the best vehicle to use to prevent my son-in-law from inheriting or getting m...
Detroit Tigers to continue paying minor leaguers, haven't made cuts
The Detroit Tigers will indefinitely pay minor league players a weekly $400 stipend to offset any coronavirus pandemic cancellations and have yet to make individual cuts, a team spokesperson told the Free Press on Monday night.The weekly stipend has no end date at this time, the spokesperson said.Minor league clubs make most of their money through ticket sales, which hasn’t been possible during the COVID-19 outbreak. The season has yet to begin, and there’s a good chance minor league clubs not play at all this season.In March, all 30 teams agreed to pay minor leaguers through May 31. When the ...
Detroit Free Press
N-Power beneficiaries to get April stipend next week, says Minister
The Federal Government has assured enrollees of the N-Power programme their April stipend will be paid next week.The 500,000 N-Power enrollees across the country have been clamouring for their April payment since the announcement of the lockdown in some states owing to the outbreak of coronavirus.The Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Farouq who gave the assurance said the payment process was at the final stage.Speaking on Friday at the daily briefing by members of the Presidential Task Force on COVID-19, Farouq said: “It is in the final stage ...