MYSTERIOUS: State law - What They Never Told You

Comptroller Don Huffines did not disclose his role managing firm investing in SpaceX

On state-required disclosure forms, Huffines omitted his leadership role in Huffines Enterprises Science & Technology, a firm that invests in Elon Musk’s company that has received tax breaks from the state.

The Texas Tribune · 20h ago

The Expensive Difference Between Adding Someone to Your Bank Account and Naming a Beneficiary

A bank account can turn a simple family favor into a surprisingly complicated money decision. Adding an adult child to an account might help with grocery bills and monthly payments, but it can also give that child ownership rights. Naming the same child as a beneficiary usually offers a different…

The Free Financial Advisor · Oct 27

California court revives $1M lawsuit over 3-year delay in approving a homeowner’s second dwelling

In a legal battle, California resident Wei Shi has taken the City of Palos Verdes Estates to court, claiming excessive delays in the approval of his accessory dwelling unit application. Shi asserts that the city violated state law’s requirements for prompt reviews. Thanks to a favorable ruling from an appeals…

The Times of India · Oct 27

Your Parent Dies With Money in a Joint Bank Account — Who Actually Gets It?

Imagine your mother passes away with $75,000 sitting in a joint bank account that has both her name and yours on it. You assume the...

Saving Advice · Oct 22

What Happens to $20,000 in Credit Card Debt When Someone Dies?

A $20,000 credit card balance doesn’t disappear when its owner dies, but it doesn’t automatically become the family’s problem, either. The money someone leaves behind usually determines how creditors get paid, and that can change what heirs ultimately receive. The person opening the mail after a funeral may face a…

The Free Financial Advisor · Oct 22

Maine’s state ferries need about $15.8 million a year to run, while fares can cover only half; state law treats the boats as the only vehicle link to six islands

Linking six island communities with the mainland, the Maine State Ferry Service offers essential transportation for locals. Projected operational costs for the 2024 fiscal year stand at approximately $15.78 million, funded through a combination of user fares and state funding. The increasing expenses have resulted in fare escalation, adversely affecting…

The Economic Times · Oct 22

ADU Nihilism

Definitions of different housing types are arbitrary. Every productive housing reform produces conflict.

Reason · Oct 20

Serial Rapist Andrew Luster's Release Sparks Outrage as California Corrections Department Says It Was Not Early

Andrew Luster's release after roughly two decades in prison has angered Glendora officials and victims, while California authorities maintain he completed his reduced sentence under state law.

International Business Times UK · Oct 20

North Carolina collected about $2 million in ferry fares but spent $1.4 million collecting them; a new state law requires tolls on all ferry routes

The ferry system in North Carolina is vital for community connectivity and goods transportation, but it is currently facing significant financial hurdles. Fare collection expenses are considerable, compromising a major share of revenue and sparking sustainability concerns. New legislation has enforced tolls across all ferry routes—including the historically free Hatteras-Ocracoke…

The Economic Times · Oct 17

Your Parent Dies With Credit Card Debt — Do You Have to Pay It?

Losing a parent is difficult enough without a credit card company calling about a balance you didn’t create. Yet families sorting through a parent’s finances...

Saving Advice · Oct 15