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"Ask Amy Advice Column on EVLiving - Your guide to the East Valley"

 
Slide-Lok Garage Storage Cabinets

 
Legal News: How Can I Protect my Minor Children?

How Can I Protect my Minor Children? Part II

March 15 , 2004 by Monica Donaldson

My last article addressed the question 'Who will care for my children if I die.' This article takes a step further, to answer the question 'Who will control my children's inheritance if I die.'

Generally speaking, a child under the age of eighteen cannot own property or assets in excess of $5,000. As such, if a parent leaves more than this amount to a child, and if such 'inheritance' is not protected by a trust, it is likely that a conservatorship will be established to manage the funds.

 
Study: Outsourcing Tech Jobs Aids U.S.

"Such legislation would be 'protectionist' and 'unwise,' according to the ITAA, whose 500 members include Microsoft Corp., Hewlett-Packard Corp. and Amazon.com.

But Cynthia Kroll, senior regional economist at the University of California, Berkeley, said policy makers can't afford to ignore outsourcing.
'If R&D is coming out of India, will the next wave of growth bypass us entirely?' Kroll asked. 'We need to pay attention to what India and China and these other countries are doing to get these new rounds of investment.'"