Dear Mr. Berko: Can you tell me why the economy can’t get back on its feet and why we seem to have had more economic downturns in the past 10 years than we had in the past 25? Has capitalism ...Read More »
Plumbing claim didn’t make it in legal pipeline fast enough
DEAR BENNY: I recently learned that my home, which I purchased new in 1988, was constructed with Quest pipes. I wasn’t aware of the lawsuit that was created during that time. I was told that I have a leak in ...Read More »
Don’t make mistake of selling HR 4646 short
Dear Mr. Berko: I have been told by a well-connected lawyer friend that the Obama administration is proposing a 1 percent tax on all transactions to raise money for a bigger stimulus package and to increase social benefits. I’m told ...Read More »
Campaign cash rules still don’t go far enough
RALEIGH — It’s not uncommon to hear those involved in politics, when the topic of the latest scandal comes up, to refer to the “criminalization of politics.” Viewing criminal prosecution of politicians and their top aides in that way isn’t difficult ...Read More »
Is it Q4 or 4Q?
I am getting all sorts of SOS calls and e-mails asking advice for what to do in Q4. My answer is simple: the same thing you should have been doing in Q1, Q2, and Q3. Calendar years are broken into ...Read More »
Mobile home will have to be probated if transferred to son
DEAR BENNY: I am a widow with a very small estate and would like to avoid probate for my children. I own my own mobile home but not the property it sits on. If I added my son’s name to ...Read More »
Pension plan pressures likely to force changes in N.C.
RALEIGH — Last year, State Treasurer Janet Cowell warned state legislators that they could face a $1.2 billion bill in the coming year if they did not start forking over adequate state pension plan contributions. Of course, they didn’t much ...
Tagged with: North Carolina General AssemblyRead More »
University of Phoenix stock gets passing grade
Dear Mr. Berko: I recently hired a University of Phoenix graduate over a University of Florida graduate because I felt the Phoenix student would give me more bang for my buck in our accounting department. I’m interested in owning shares ...Read More »
Family needs advice on what to do with $16M inheritance
Dear Mr. Berko: When my wife’s grandfather passed several years ago, he left us $16 million after taxes, legal fees, etc., from his businesses and real estate in California. We have a modest $260,000 joint account plus two IRAs worth ...Read More »
Now is the perfect time to step up
Everyone is climbing a ladder. The only question is which rung are you on? Ever thought about it? It’s a way bigger thought than, “Is my job safe?” But if that’s what you’re thinking, it’s probably not. Asking yourself “Is ...Read More »