Word: adult
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Realistically, the older generation should have a written succession plan by the time they are in their 50s, especially if adult children have been working in the business, says Michael Fay, senior partner and estate-planning attorney with the law firm Hale and Dorr in Boston. The plan should offer guidelines for the transfer of ownership if one member of the family wants to sell his shares. This usually involves a right of approval by the remaining owners coupled with a right of refusal to buy out a sibling or other family member before a portion of the business...
...Burbank Ice Arena, in Reading, Mass., Thomas Junta watched his 10-year-old son shoot the puck. The kid wasn't faring well. Though contact was forbidden, an elbow nearly smashed his nose. With play getting rougher, Junta, 42, a truck driver, called down to the only adult on the ice, Michael Costin, demanding that he intervene. Costin, whose three boys were playing too, reportedly replied, "That's what hockey's all about," and he and Junta traded insults. When Costin left the ice, the men scuffled, resulting in Junta's ejection by a rink manager...
...ended there, the incident might only be notable for its absurdity: adult men fighting over a kids' version of a thuggish sport. But when Costin, 40, emerged from the locker room, Junta was there. The men started brawling. At six foot one and 275 pounds, Junta overwhelmed Costin, 100 pounds lighter, and allegedly beat him into a coma. Two days later, Costin - a part-time carpenter and single father of four - was dead...
When TIME.com associate producer Jennifer Hunt weighed in late last week with a piece about being an adult "Harry Potter" fan, little did she know how big a response she would provoke. Here's a sampling of the letters she received...
...shared responsibility between the state and a private company--makes it hard for authorities to react in tandem to the crises of a juvenile-corrections system. Wackenhut Corrections wants to move on. The company may sell the buildings at Jena, which now stand empty, or fill them anew with adult prisoners...