Word: settlements
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Initiative: Tobacco Taxes/Smoking Bans/Tobacco Settlement Revenues...
...Judge Sim Lake originally ordered a $5 million fine to be paid to the U.S. Government, but then changed his mind. "No fine - it will all go to the victims," he said. Seattle attorney Lynn Sarko, who represents employees in Enron retirement fund lawsuits, said in court that the settlement was a fair resolution. "It will provide the victims a large amount of money much sooner," Sarko said...
...botanical passions have often brought her in close proximity to Aboriginal Australia. This is cleverly suggested in "Prism" by placing her cabinet of glass-beaded native flora and fauna, Understorey, 1999-2004, in the anteroom to a gallery of work by mainly women artists from the Central Australian settlement of Utopia, whose riotous desert-flower colorfields appear to wink at Hall's work...
...incredible 88% of universal-life policies never result in a death benefit being paid. The policies either lapse or are surrendered for their cash value. In both cases, a life settlement may make more sense. In the case of a lapsed policy, the death benefit is often greater than the sum of premiums remaining to be paid. And 1 in 5 policyholders over 65 is in line for a life settlement greater than the surrender value of the policy, according to Conning & Co., an insurance-research firm...
...make sense to sell some stocks or real estate--if you must in order to meet current expenses--and keep paying on the life policy. But if you're inclined to let your life insurance run out or surrender it for its cash value, consider a life settlement first. Like finding something of value amid the junk in your attic, you'll be happy you didn't just toss...