Monday, September 23, 2013

WWII soldier's letter reaches daughter after seven decades

Kevin Clifford / AP

Peggy Eddington-Smith, 69, of Dayton, Nev., receives a reproduction copy of her father's dog-tags during a ceremony in Dayton, Nev., on Saturday.

By Martin Griffith, The Associated Press

RENO, Nev. - A World War II soldier's heartfelt letter to his daughter has finally reached her, seven decades after it was written.?

Peggy Eddington-Smith received the letter penned by her father, Pfc. John Eddington, as well as his Bronze Star and Purple Heart medals, during an emotional ceremony Saturday in Dayton, Nev., about 40 miles southeast of Reno.?

The father she never met wrote the three-page letter shortly after she was born and shortly before he died in Italy in June 1944. He sent it while stationed in Texas, just before he was sent overseas.?

Getting his medals was nice, but the letter meant more because it made her feel closer to her father, Eddington-Smith said. She knew little about him since her mother could rarely bring herself to discuss the love of her life.?

"The letter gave me more knowledge of who he was," she told The Associated Press. "He poured out his heart to me, and a lot of men don't put that kind of emotion in writing. I'm just overwhelmed by everything, trying to absorb everything."?

Donna Gregory of St. Louis found the soldier's letter and other World War II memorabilia in a box 14 years ago while helping her then-husband clean out his grandparents' home in Arnold, Mo., a St. Louis suburb.?

Gregory's voice cracked with emotion as she read the letter Saturday, bringing tears to Eddington-Smith and many in the crowd of about 150.?

The soldier devoted the first page to his wife, saying he hoped she did not find it "silly" that he was writing a letter to a child who could not read.?

Addressing the next two pages to his "darling" daughter, he wrote that while she may not see him "for some time," he wanted her to know that she was always on his mind.?

"I love you so much," the letter says. "Your mother and daddy ... are going to give you everything we can. We will always give you all the love we have."?

Handout from Kevin Smith via AP

In this undated family photo provided by Kevin Smith is a wedding picture of Pfc. John Farrell Eddington and his wife, Helen.

Eddington urged his daughter to "always treat your mother right. You have the sweetest mother on the Earth."?

He closed the letter by writing, "I love you with all my heart and soul forever and forever. Your loving daddy."?

Eddington-Smith and Gregory are unsure what connection the soldier had to the couple who owned the house where his memorabilia was found. Eddington was from Leadwood, Mo., about 75 miles southwest of St. Louis.?

Gregory tracked down Smith in June after a search that involved libraries and the Internet. Both women cried during their initial phone conversation that left the daughter shocked by the items' discovery.?

Eddington-Smith knew her father died in the war. She was unaware of the letter and other contents of the box, including 16 letters from Eddington to his mother, his draft card and military dog tags, his high school diploma and newspaper clips.?

An only child, she grew up in St. Louis and lived there until her mid-20s. She moved with her four children to Nevada in 1972 after a divorce. Her mother, Helen, never remarried and died in 1997.?

"I would ask my mother why she didn't get remarried and her only comment was that she found the perfect man and will never again find the perfect man," Eddington-Smith said.?

Associated Press Correspondent Jim Salter in St. Louis contributed to this story.?

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? 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Source: http://feeds.nbcnews.com/c/35002/f/663306/s/318a2a28/sc/3/l/0Lusnews0Bnbcnews0N0C0Inews0C20A130C0A90C220C20A630A560A0Ewwii0Esoldiers0Eletter0Ereaches0Edaughter0Eafter0Eseven0Edecades0Dlite/story01.htm

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Sunday, September 22, 2013

Cathedral High Homecoming Parade

Staff photo by Steve Muscatello

Members of the Cathedral High School marching band play as they make their way down Minnesota Street in New Ulm during the school's homecoming parade Friday. For more photos of this event go to cu.nujournal.com.

Article Photos

Source: http://www.nujournal.com/page/content.detail/id/536547.html

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How to sync your new iPhone 5s or 5c with Gmail, Google Contacts and Calendar

Apple's new iPhone duo, the 5s and the 5c, was finally released yesterday, and if you happen to be among the lucky early adopters, chances are that you may want to sync your new iOS 7-powered smartphone with your Google account, allowing you to access your Gmail, Google Contacts and Calendar right on that 4" Retina Display.

Thankfully, with iOS 7, it's now very easy to sync your iPhone 5s or 5c with your Gmail account. For the purpose, just follow these simple steps:

How to sync your new iPhone 5s or 5c with Gmail, Google Contacts and Calendar


1. Open the Settings app;
2. Go to Mail, Contacts, Calendars;
3. Choose Add Account;
4. Now choose Gmail as the type of account you want to add;
5. You'll be prompted to enter your Google account details - enter them;
6. Provided you entered your details correctly, you'll be taken to a screen where you get to choose the items you want to have synced;
7. Activate the toggles for Mail, Contacts, Calendars and Notes to have them all synced, or just those that you wish.

And you're all set! Enjoy seamless syncing of Gmail, Google Contacts and Calendar with your iPhone 5s or 5c!

Source: http://www.phonearena.com/news/How-to-sync-your-new-iPhone-5s-or-5c-with-Gmail-Google-Contacts-and-Calendar_id47635

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Top 25 Rdp: Tide beats Colorado St; Buckeyes roll

TUSCALOOSA, Ala. (AP) ? AJ McCarron passed for 258 yards and threw a 30-yard touchdown to DeAndrew White in the fourth quarter to lift No. 1 Alabama to a 31-6 victory over Colorado State on Saturday night.

Kenyan Drake set up one touchdown with a blocked punt returned 15 yards by Dillon Lee and scored on a 3-yard touchdown run for the Crimson Tide (3-0), who led 17-6 heading to the fourth. Alabama managed only one offensive touchdown and no third-down conversions in the first three quarters a week after winning a 49-42 shootout over Texas A&M.

Coached by former Tide offensive coordinator Jim McElwain, the Rams (1-3) nursed hopes for a monumental upset into the fourth quarter before allowing two touchdowns. Trey DePriest stripped the ball from quarterback Garrett Grayson and recovered the fumble early in the quarter.

The next play, McCarron laced a perfect strike to White in the end zone and restless Alabama fans had something to cheer about. The Tide were without several key players, including receivers Amari Cooper and Kevin Norwood, guard Anthony Steen and cornerback Deion Belue

McCarron completed 20 of 26 passes but also was intercepted on an ill-advised throw. T.J. Yeldon ran seven times for 49 yards and Christion Jones caught nine passes for 90 yards.

NO. 4 OHIO ST. 76, FAMU 0

COLUMBUS, Ohio (AP) ? Kenny Guiton again starred in place of Braxton Miller, setting a school record with six touchdown passes ? all in the first half ? to lead Ohio State over Florida A&M.

It was the Buckeyes' most lopsided win since 1935.

Ohio State (4-0) needed a total of four offensive plays and 46 seconds to go up 21-0 in the opening 6 minutes and never looked back. It was an epic mismatch between a team with national-title aspirations and a Football Championship Subdivision member getting a $900,000 guarantee.

FAMU (1-3), which suffered its worst loss ever, trailed 48-0 before picking up its initial first down in the second quarter.

Guiton completed 24 of 34 passes for 215 yards. His TD passes went to five different receivers.

The game was Ohio State's last tuneup before opening Big Ten play next week against Wisconsin.

NO. 5 STANFORD 42, NO. 23 ARIZONA ST. 28

STANFORD, Calif. (AP) ? Tyler Gaffney ran for 95 yards and two touchdowns, Anthony Wilkerson added 68 yards and another score, and Stanford started strong en route to a victory over Arizona State in the Pac-12 opener for both teams.

The defending conference champions controlled every facet of the game to turn the only matchup between ranked opponents this week into a 29-0 halftime lead. The Cardinal (3-0, 1-0) scored in the air and on the ground, forced two turnovers, blocked two punts, tallied 10 tackles for loss and recorded three sacks.

Taylor Kelly threw for 367 yards, including three touchdown passes in the fourth quarter, and Jaelen Strong caught 12 passes for 168 yards and a score in an otherwise disappointing showing for the Sun Devils (2-1, 0-1).

NO. 6 LSU 35, AUBURN 21

BATON ROUGE, La. (AP) ? Jeremy Hill rushed for a career-high 184 yards and tied a career best with three touchdowns to help LSU hand Auburn its first loss of the season.

Hill scored touchdowns of 49, 10 and 6 yards, and also set up another score with a 54-yard scamper in which he was shoved out of bounds at the 1. Fullback J.C. Copeland scored from there.

Tre Mason rushed for 132 yards and had two short touchdown runs in the third quarter for Auburn (3-1, 1-1 Southeastern Conference), the second cutting LSU's lead to 28-14.

Zach Mettenberger completed his only touchdown pass ? a 32-yarder to Jarvis Landry ? early in the fourth quarter as LSU (4-0, 1-0) dimmed Auburn's hopes for a comeback.

Auburn's Nick Marshall was 17-of-33 passing for 224 and was intercepted twice.

NO. 7 LOUISVILLE 72, FLORIDA INTERNATIONAL 0

LOUISVILLE, Ky. (AP) ? Teddy Bridgewater threw four touchdown passes and Louisville's defense allowed a school-record 30 yards, helping the Cardinals blow out Florida International.

It was the highest scoring game for the Cardinals (4-0) since a 73-10 victory over Murray State in 2007. It also matched the school's fifth-largest margin of victory.

Bridgewater hit DeVante Parker for two TD passes and Gerald Christian and Eli Rogers for one apiece before Will Gardner came on and passed to Michaelee Harris for another score in the fourth quarter. Dominique Brown, Senorise Perry, Michael Dyer and Brandon Radcliff rushed for TDs.

Charles Gaines returned the second-half kickoff 93 yards for a touchdown, and recovered a muffed punt to set up Bridgewater's second TD pass in the second quarter. Bridgewater had 212 yards on 17-of-22 passing, part of Louisville's 464-yard effort against winless FIU (0-4).

NO. 8 FLORIDA ST. 54, BETHUNE-COOKMAN 6

TALLAHASSEE, Fla. (AP) ? Florida State and quarterback Jameis Winston defeated FCS opponent Bethune-Cookman despite plenty of sloppy play.

The defending ACC champions (3-0) will want to clean up their offense before starting a seven-game stretch against conference foes next week.

Winston completed 10 of 19 passes for 148 yards and two touchdowns. Devonta Freeman ran for a game-high 112 yards and a touchdown. Karlos Williams finished with 83 yards rushing and two touchdowns, and James Wilder Jr. added 56 yards and a touchdown.

The Wildcats (3-1) scored their lone touchdown off a seven-yard run from quarterback Jackie Wilson with 8:21 left in the third quarter.

All three starting FSU receivers had dropped passes in the second quarter, including two for TDs.

NO. 9 GEORGIA 45, NORTH TEXAS 21

ATHENS, Ga. (AP) ? Aaron Murray threw for 408 yards and three touchdowns, and ran for another score to lead Georgia over pesky North Texas.

Murray overcame an early interception in the end zone, hooking up with freshman Reggie Davis on a 98-yard TD ? the longest pass play in school history. Arthur Lynch and Chris Conley also had touchdown catches for the Bulldogs (2-1).

The Mean Green (2-2) came in as a 33-point underdog, but big plays on special teams helped make a game of it. Brelan Chancellor returned a kickoff 99 yards for a touchdown, and Zac Whitfield fell on a blocked punt in the end zone early in the second half to stunningly tie the game at 21.

Murray made sure the Bulldogs avoided the upset when he scored on a 1-yard sneak and went to Conley on a 4-yard TD pass.

NO. 10 TEXAS A&M 42, SMU 13

COLLEGE STATION, Texas (AP) ? Johnny Manziel accounted for 346 yards with three touchdowns in just more than a half to help Texas A&M cruise past SMU.

Texas A&M (3-1) was up 32-6 at halftime, and Manziel led the Aggies to a touchdown on their first drive of the third quarter before the Heisman Trophy winner went to the bench.

It was a nice bounce-back game for Texas A&M after falling to No. 1 Alabama 49-42 last week.

Manziel had 244 yards passing with a touchdown and ran for 102 yards and two more scores.

Deshazor Everett returned a fumble 12 yards for a touchdown and Ben Malena ran for 71 yards and two scores. He got things going for A&M with a 3-yard touchdown run in the first quarter.

Former Texas quarterback Garrett Gilbert threw for 310 yards and a touchdown with an interception for SMU (1-2), which piled up 16 penalties for 111 yards.

NO. 15 MICHIGAN 24, CONNECTICUT 21

EAST HARTFORD, Conn. (AP) ? Fitzgerald Toussaint ran for 120 yards and two touchdowns, Desmond Morgan made a one-handed interception in the fourth quarter that swung the game Michigan's way and the Wolverines dodged another upset with a victory against Connecticut.

A week after Michigan needed a last-second stand to hold off Akron, Brendan Gibbons kicked a 21-yard field goal with 4:36 left to give the Wolverines (4-0) their first lead of the second half.

Chandler Whitmer threw two touchdowns and Ty-Meer Brown returned a fumble 34 yards for a score in the third quarter that put UConn (0-3) up 21-7.

Devin Gardner turned the ball over three times for Michigan and the Wolverines also muffed a punt inside their 10 that led to a UConn touchdown. Toussaint broke a 35-yard touchdown run in the third quarter, and scored from 12 yards out right after Morgan's pick with 9:56 left.

NO. 16 MIAMI 77, SAVANNAH ST. 7

MIAMI GARDENS, Fla. (AP) ? Dallas Crawford and Gus Edwards both scored three touchdowns and Miami got into the end zone on its first seven possessions in rolling to a victory over Savannah State.

The Hurricanes set a school record for points, topping the 75 scored against Fordham in 1954.

Miami (3-0) lost quarterback Stephen Morris to a lower right leg injury with 8:51 left in the opening quarter. Coach Al Golden said in a televised halftime interview that X-rays were negative.

Stacy Coley had a kickoff return for a score and a touchdown catch for Miami, which has won five straight games for the first time since 2008. Duke Johnson, Allen Hurns and Beau Sandland all added a TD in a game that had the final quarter shortened to 12 minutes by mutual agreement of the coaches.

DeQuan Daniels had a 75-yard touchdown run for Savannah State (1-3).

The Hurricanes had three quarterbacks ? Morris, Ryan Williams and Gray Crow ? throw TD passes.

NO. 17 WASHINGTON 56, IDAHO ST. 0

SEATTLE (AP) ? Keith Price threw for 213 yards and three touchdowns in less than a half, Deontae Cooper scored his first career touchdown after three major knee surgeries, and Washington routed Idaho State in the Huskies' final tuneup before the start of Pac-12 play.

Bishop Sankey, the national leader in yards rushing per game, barely broke a sweat against the Bengals (2-1) of the FCS. Sankey saw action on the Huskies' first three series and scored on a 3-yard TD run in the first quarter. Sankey finished with 77 yards on four carries.

Price played a little more than 1? quarters, throwing TD passes of 1, 6 and 5 yards and adding a 1-yard TD run as the Huskies (3-0) led 42-0 at halftime. It was the second straight season they overwhelmed a lower division opponent in the first half.

Last year, Washington led Portland State 45-0 at halftime.

NO. 18 NORTHWESTERN 35, MAINE 21

EVANSTON, Ill. (AP) ? Linebacker Damien Proby and defensive end Dean Lowry each had an interception return for a touchdown to lead Northwestern over Maine.

Northwestern improved to 4-0 as it wrapped up its non-conference slate, but this was not the consistent, steady performance coach Pat Fitzgerald was looking for heading into Big Ten play. If not for the interception returns, Maine (3-1) could have been in line for an upset down the stretch.

Running back Mike Trumpy and quarterback Kain Colter each had rushing TDs for Northwestern.

Marcus Wasilewski was 25-for-40 for 237 yards with two touchdowns and two interceptions for Maine, which had a 379 to 373 edge over the Wildcats in total yards.

Northwestern had posted better than 500 yards of offense in each of its first two games against California and Syracuse.

NO. 19 FLORIDA 31, TENNESSEE 17

GAINESVILLE, Fla. (AP) ? After starting quarterback Jeff Driskel was lost to a season-ending ankle injury, Tyler Murphy led Florida to five scores in a somewhat ugly game, helping the Gators open Southeastern Conference play with a victory over Tennessee.

Murphy had a 52-yard touchdown throw to Solomon Patton, a swing pass that went the distance, and made several plays with his legs as Florida (2-1, 1-0) won its ninth straight in the series. Murphy's 7-yard TD scamper in the fourth quarter made it 31-10 and sent fans scrambling for the exits.

The Volunteers (2-2, 0-1) had hoped to rebound from an embarrassing 59-14 loss at No. 2 Oregon a week ago, but they left Gainesville with another double-digit setback.

Murphy completed 8 of 14 passes for 134 yards. He also ran 10 times for 84 yards. His biggest mistake was taking a snap off his facemask, a botched play that resulted in a fumble.

NO. 20 BAYLOR 70, LOUISIANA MONROE 7

WACO, Texas (AP) ? Bryce Petty threw for 351 yards with four touchdowns and ran 2 yards for another score, and Baylor kept piling up the points in a win over Louisiana-Monroe.

The fast-paced Bears (3-0) had seven offensive touchdowns in the 10 drives Petty played. Those TD drives took a total of 6 minutes.

Baylor is the first FBS team since LSU in 1930 to open a season with at least 60 points in three consecutive games, according to STATS. Those Tigers had at least 70 points in each of those games ? Baylor scored 69 in its opener before 70 points in each of its last two.

The Bears finished with 781 total yards, matching the school record they set in their last game, two weeks ago in a 70-13 win over Buffalo.

ULM (2-2) suffered its worst defeat since a 73-7 drubbing at Auburn in 2003.

NO. 22 NOTRE DAME 17, MICHIGAN ST. 13

SOUTH BEND, Ind. (AP) ? Cam McDaniel scored on a 7-yard run following a questionable pass interference call, one of several penalties that hurt Michigan State, and Notre Dame beat the Spartans for its 10th straight home win.

The Fighting Irish (3-1) also took advantage of another questionable pass interference call in the first half that set up a 2-yard touchdown pass from Tommy Rees to TJ Jones and a holding penalty that kept alive a drive that led to a 41-yard field goal by Kyle Brindza. The Spartans (3-1) had 10 penalties for 115 yards by the Big Ten officials.

But Michigan State made some costly mistakes of its own, including a trick play after the Spartans gained some momentum. After opening the second half with a field goal, receiver R.J. Shelton threw a pass that was intercepted by Matthias Farley and led to Notre Dame's go-ahead touchdown.

NO. 24 WISCONSIN 41, PURDUE 10

MADISON, Wis. (AP) ? Melvin Gordon ran for three touchdowns, James White added 145 yards rushing and a 70-yard score, and Wisconsin opened Big Ten play with a win over Purdue.

Gordon scored from 5 and 27 yards in the first half before capping the opening drive of the second half with a 15-yard touchdown run to give Wisconsin (3-1, 1-0) a 31-10 lead.

Nose guard Warren Herring had a sack and three tackles, and linebacker Chris Borland had six stops and a pass breakup at the goal line with the game still close in the first half.

Wisconsin moved on nicely from last week's stunning 32-30 loss to Arizona State, after officials mishandled the final seconds to deprive the Badgers of a game-winning field-goal try.

Quarterback Rob Henry's 22-yard scramble for a score on what appeared to be a busted play provided one of the few highlights for the Boilermakers (1-3, 0-1).

NO. 25 TEXAS TECH 33, TEXAS ST. 7

LUBBOCK, Texas (AP) ? Backup quarterback Davis Webb threw for two touchdowns and 310 yards to lead Texas Tech over Texas State.

Webb threw a 4-yard touchdown pass to Eric Ward in the third quarter and a 10-yarder to Bradley Marquez in the fourth after Texas State failed on a fake punt deep in its own territory.

Webb finished 19 for 43 and had two interceptions.

Texas Tech's defense got the lone touchdown of the first half when linebacker Will Smith returned a fumble 9 yards. Ryan Bustin added four field goals for the Red Raiders (4-0)

Texas State (2-1) struggled against a stingy Red Raiders defense that gave up only 232 total yards. Bobcats running back Robert Lowe scored on a 49-yard run ? a career-long rush for the sophomore ? and quarterback Tyler Arndt was responsible for two of the team's three turnovers.

Source: http://news.yahoo.com/top-25-rdp-tide-beats-colorado-st-buckeyes-032426702.html

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Estate Planning For Technology Executives Engaged In ...

A Series of Articles On How Crowdfunding Affects Estate Settlement Plans For Owners of Closely-held Private Companies

Thomas E. Vass, The Private Capital Market, Inc.

First Article: Basic Wills and Probate for Technology Company Executives
Second Article: Coordinating Ownership Transfer With Family Estate Settlement Plans
Third Article: Transitioning The Business With Family Limited Partnerships
Fourth Article: Insurance Issues Related to Capital and Death

Introduction to the Series: Under Title II of the JOBS Act, commonly known as Accredited Investor Crowdfunding, technology company executives can publicly solicit potential investors. The major change in the new way of crowdfunding capital from the traditional venture capital method is that there will not be a period of time for private negotiations between the company and different groups of investors, under Reg D Rule 506(c).

In the new method, the CEO will establish the terms and conditions of the investment at the very beginning of the offering process, and like the Field of Dreams, if the investors like it, they will invest.

In order to avoid the allegation of fraud in a public solicitation, the technology company must prepare the terms and conditions of the offering before making public statements about the offering. Otherwise, what is said by the executive in public to one set of investors may turn out to be a false representation, if the company changes the terms with a second set of investors, in private, non-public negotiations over the terms.

Getting the offering terms and subscription agreements right from the start has serious implications for the estate settlement plans of the owners of technology companies. In other words, there is a critical nexus of financial and legal issues for the CEO between crowdfunding and estate settlement that the owners need to get right, before the crowdfunding project begins.

This series of articles is a first effort to explore how estate settlement plans of technology executives change as a result of crowdfunding. This is a new area of law and finance, and the analysis provided in the four articles is speculative and untested by experience, so senior executives should be cautioned to seek legal counsel on how to adjust their current estate settlement plans, if they intend to engage in a crowdfunding project.

Article One: Basic Wills and Probate For Technology Company Executives

The Will As The Basic Building Block For All Estate Planning

Everyone who dies needs to have a will. This advice is true for technology executives, too.

Creating the will is the first step among many steps to take for making certain that assets and income are transferred to family members or to other beneficiaries, and that the technology company can continue to function after the death of the CEO or owner.

A will is a written declaration by an individual?called the testator?of his or her intentions for the disposition of assets after death. A local probate judge at the county courthouse will review the will and if everything seems correct, will order that the title to property named in the will is transferred to the beneficiary.

In other words, just like general warranty deed is used by the county clerk of court to transfer the legal ownership of real estate between buyer and seller, the probate court uses the will to execute the legal order to transfer ownership title of estate property to the beneficiaries named in the will.

The written declaration of intent must be prepared a long time before death, and the will must be updated every year by the technology firm owner to reflect changes in ownership interests in company property that is to be transferred.

The CEO, and each senior executive of the technology firm must create a will, and one of the questions asked by the CEO every year at the annual company picnic is if the other senior managers have updated their will to reflect any changes in equity ownership or debt of the company related to the executive.

This annual update of the will by technology executives touches on a related touchy issue for the new crowdfunding rules. At the very last moment of preparing the new rules for crowdfunding, the SEC inserted ?Bad Boy? provisions related to Dodd-Frank legislation.

Any person, in the entire chain of events, both inside and outside the company, related to a Reg D Rule 506c offering, must disclose their prior history of regulatory compliance, and all the Bad Boys must be excluded from the offering process.

If some event had arisen in the prior year, that the CEO or other owners had not been made aware of related to being a Bad Boy, then the CEO would need to know about that event, and the Bad Boy would need to amend their will to reflect a change in their ownership interests in the company.

This provision applies to Bad Girls, too.

The best idea is for the CEO to create and amend the will, before the company begins the crowdfunding project, and to modify the parts of the will that may relate to the ownership interests in the company as a result of raising capital.

The will is the basic legal building block of estate settlement, and its terms affect all the other legal documents that may be created, like trusts, as a part of the estate settlement.

Important Legal Documents Related To The Will

An important document that has a name similar to the probate will is called the ?Living Will.? Unlike the probate will, which describes intent to transfer property at death, the living will describes the desire of the person for health care in the period of time before death.

A living will is a document that allows people to specify the life-sustaining treatments they would find acceptable in the final days of terminal illness or incapacity. Forty-eight states and the District of Columbia have living-will laws (all states except Massachusetts and Michigan).

A legal document related to the living will is called the durable health care power of attorney, which grants a delegation of? legal decision-making powers to another person.. The power of attorney gives the other person the ability to make decisions as if it was the person who granted the power.

It?s durable because the power conveyed to the agent does not lapse if the principal becomes incompetent.

In most cases, the durable power of attorney for health care provides for:

?The right to remove a physician
?The right to have the incompetent patient discharged against medical advice
?The right to medical records
?The right to have the patient moved
?The right to engage other treatment

Coordinating The Business Buy-Sell Agreement With The Will

If a person died without a valid will, he or she is said to have died intestate, and the probate court will
distribute his or her property under the intestate succession statutes of the state, without any
consideration for the decedent?s unique personal situation.

Without a will, it may be legally impossible to manage the company after the CEO dies because no person has the legal authority to make decisions for the business.

Even with a valid will, continual operation and administration of the company may be impossible, and the best idea is to create a legal agreement to pass the ownership interests of the CEO to other partners or owners. The separate buy-sell agreement must be described in the will or there may be legal disputes about how the business property is managed or transferred after death.

The intestacy statutes only take into consideration family relationships; they do not take into account such factors as managing a company. taxes, administration costs, or estate shrinkage.

Long before a company embarks on a crowdfunding project, the CEO and all the other owners of the company need to modify their wills and amend their buy-sell agreements to reflect what happens during and after the investment of new capital into the company.

Questions? Please contact Thomas Vass for answers to your questions about your estate planning or crowdfunding. tvass@businesscapitaladvice.com

About Thomas Vass: Thomas Vass is a regional economist with a research interest in the relationship between regional technological innovation, regional capital markets and regional economic growth. He is the author or Predicting Technology:? Identifying Future Market Opportunities and Disruptive Technologies (Wingspan Press, 2007).? He is a registered investment advisor, and his investment management work involves a commercial application of the Feser Technology Cluster methodology to selecting technology stocks for investment portfolios and identifying private capital investments in regional economies. He is the holder of a patent on technology stock selection. (Vass 7,251,627 July 31, 2007, Method of identifying a universe of stocks for inclusion into an investment portfolio), and the manager of a subscription based equity crowdfunding website, The Private Capital Market. He graduated with a BA from the University of North Carolina at Chapel Hill and has a Masters of Regional Planning, also from UNC-CH. He is located in Calabash, North Carolina.

Source: http://businesscapitaladvice.com/wp/estate-planning-for-technology-executive-engaged-in-crowdfunding-what-to-do-before-you-crowdfund-capital/?utm_source=rss&utm_medium=rss&utm_campaign=estate-planning-for-technology-executive-engaged-in-crowdfunding-what-to-do-before-you-crowdfund-capital

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Saturday, September 21, 2013

Top 4 Large-Cap Stocks In The Oil & Gas Pipelines Industry With The Highest EPS Estimates For The Next Quarter

Below are the top large-cap oil & gas pipelines stocks on the NYSE and the NASDAQ in terms of earnings estimate for the next quarter.

Kinder Morgan Energy Partners LP (NYSE: KMP) is likely to earn $0.75 per share in the December quarter. Kinder Morgan Energy Partners' trailing-twelve-month revenue is $10.46 billion.

Magellan Midstream Partners LP (NYSE: MMP) is estimated to post earnings of $0.75 per share in the December quarter. Magellan Midstream Partners' trailing-twelve-month operating margin is 34.38%.

Plains All American Pipeline LP (NYSE: PAA) may earn $0.72 per share in the December quarter. Plains All American Pipeline's PEG ratio is 13.68.

Energy Transfer Equity LP (NYSE: ETE) is expected to earn $0.70 per share in the December quarter. Energy Transfer Equity had $621.00 million in total cash for the recent quarter.

Posted-In: Highest EPS Estimates large-cap stocks Oil & Gas Pipelines IndustryTrading Ideas

Source: http://feeds.benzinga.com/~r/benzinga/~3/xdXdcil68Ss/top-4-large-cap-stocks-in-the-oil-gas-pipelines-industry-with-the-highes

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