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Money IQ: Are Trusts Just for the Wealthy?

Money IQ
By Dan Monte
 
Are Trusts Just for the Wealthy?

As an attorney who has practiced primarily in the areas of trusts and estates for the past 20 years, I frequently hear people say that they are simply not wealthy enough to have a trust.

There is a very common misconception that somehow the use of trusts in estate planning is only for the wealthy. The intended purpose of this short article is to dispel this misconception.

As each one of us has a unique personality, each one of us has a unique set of circumstances which will dictate the form of our estate plan.

Contrary to common belief, it is not Read More

NNSA, Los Alamos County Revised Fire Protection Agreement a Win-Win

Shaking hands recently on a modified Cooperative Fire Protection Agreement are from left, LASO’s Kevin Smith, Fire Chief Troy Hughes and County Administrator Harry Burgess. Courtesy/LAC

NNSA/COUNTY News:

The National Nuclear Security Administration (NNSA) and the Los Alamos Fire Department (LAFD) recently modified the Cooperative Fire Protection Agreement to ensure world-class emergency response capabilities for Los Alamos National Laboratory (LANL) and Los Alamos County.

County Administrator Harry Burgess and Manager Kevin Smith of NNSA’s Los Alamos Site Office signed Read More

LANL’s Dr. Wingo Introduces Rotarians to the Power of Domestic Honeybees

Dr. Bob Wingo discusses the power of bees as Rotary President Linda Hull and her husband Robert Hull of Los Alamos Technical Associates (LATA) listen at right. Photo by Carol A. Clark/ladailypost.com

Staff Report

The incredible power of bees as a detection tool was literally the buzz among many Rotarians assembled for a lunchtime presentation Tuesday at the Dixie Girl Restaurant in downtown Los Alamos.

Dr. Robert M. Wingo, the Environmental Science and Engineering Team Leader for the Chemical Diagnostics and Engineering Group at Los Alamos National Laboratory delivered the talk.

Domestic Read More

Taxpayer Losses, Lack of Needed Data Revealed in New Oil and Mining Report

Illustration of an oil rig. Courtesy photo
 
GAO News:
 
WASHINGTON D.C. – A report released this morning by the Government Accountability Office (GAO), originally requested by U.S. Sen. Tom Udall and Rep. Raúl M. Grijalva, D-Ariz., describes glaring shortfalls in the data publicly available on hardrock minerals and highlights lost revenue from extraction on federal lands.
 
In 2011, Udall and Grijalva requested the report from GAO to identify the amount and estimated dollar values of minerals extracted from federal land.
 
The report examined available data on minerals
Read More

Local Cartoonist Signing Books Dec. 17

Local cartoonist Stephen McCranie will be hosting a release party for his new book at the Los Alamos County Library 4-6 p.m. Monday, Dec. 17.

The new book, Belly Flop!, is the third volume of an all-ages graphic novel series called Mal and Chad. McCranie will give a short talk and will be available afterwards to chat and sign books.

Books can be purchased for $10.

McCranie graduated from Los Alamos High School and attended the University of New Mexico. While there, he began working on a comic strip called Mal and Chad about a boy genius and his talking dog for the UNM school newspaper.

An editor from Penguin Read More

NNSA Completes Removal of All HEU From Austria

Anne Harrington

NNSA News:

WASHINGTON, D.C. – The National Nuclear Security Administration’s (NNSA) Global Threat Reduction Initiative (GTRI), the Vienna University of Technology, and the Government of Austria Tuesday announced the successful return of all remaining U.S.-origin highly enriched uranium (HEU) nuclear reactor fuel from Austria to the United States.

This makes Austria the 22nd country that has worked with GTRI to remove all HEU from its territory.

“The completion of this project with Austria is another important step in the global effort to minimize the civilian use of Read More

Letter to the Editor: Local Businesses Show Generosity

By Diana Martinez
Senior Program Director
The Family YMCA

Local businesses field requests all year for support of worthy causes. My experience is that our local businesses are often more generous than the corporate giants.

I hope our community remembers this and buys gifts and certificates locally not just at Christmas, but all year. The Y’s latest event was a half marathon and 5K race and many businesses came though yet again, but so many more give in other events to other charities.

Thank you to our business community. And special thanks to this event’s sponsors: Alpine Laser Dental, McDonalds, Read More

Public Invited to Discover ‘The Truth About Santa’

LALT News:

Los Alamos Little Theatre will host “The Truth About Santa,” at 7:30 p.m. Saturday, Dec. 22

“The Truth About Santa” is a PG-13 melodrama about troubles at the North Pole and will be performed by the Southwest Rural Theatre Project.

The Story:

Santa Claus is tired of the lies. Like the gods of old, he, too, has his mortal mistresses. This Christmas Eve he will bring Mary, his favorite earthly consort, and Luke and Freya, their illegitimate, semi-divine children, back to his North Pole compound to live with him—forever!
 
Not surprisingly, Mrs. Claus resists.
Read More

Children’s Christmas Bazaar Draws 160 Local Shoppers

Shoppers get busy selecting Christmas gifts for family members Dec. 4 during the Children’s Christmas Bazaar at Trinity on the Hill Episcopal Church. Courtesy/TOTH

Children take a break from shopping to sign holiday cards for soldiers as part of the ‘Mail for Heroes’ program. Courtesy/TOTH

TOTH News:

This year’s Children’s Christmas Bazaar at Trinity on the Hill Episcopal Church Dec. 4 drew 160 shoppers, 76 volunteers and a large gathering of parents waiting while their children shopped.

The event also included the signing of 105 cards sent to the American Red Cross for Read More

Council Approves Phased N.M. 502 Project

Councilors vote 6-1 to direct staff to proceed with the phased N.M. 502 Improvements Project, with Alternative D, expressing the need to strike the best possible balance in the timeframe available to ensure state and federal funding is received. Councilor Vincent Chiravalle voted against the measure. From left, Councilor Fran Berting, Councilor Mike Wismer, Council Vice Chair Geoff Rodgers, Council Chair Sharon Stover, Councilor Vincent Chiravalle, Councilor David Izraelevitz and Councilor Rick Reiss. Photo by Carol A. Clark/ladailypost.com Read More

Public Weighs in on N.M. 502 Improvements

Audience members at tonight’s County Council meeting at which several spoke during public comment on the N.M. 502 Improvements Project. Frustration was expressed with traffic noise and the endurance of road construction for extended years. A woman asked that trucks be made to take the truck route to lessen the traffic noise to homeowners. Another resident asked that if the speed limit is reduced to 35 mph along a portion of East Road that it be enforced by police around the clock. Several Councilors also expressed concern with widening the roadway, thus increasing danger to children Read More

Council Repeals Youth Advisory Board

Los Alamos County Administrator Harry Burgess, left, listens as County Attorney Becky Ehler to his left, presents an ordinance repealing Article XV of Chapter 8 of the Los Alamos Code of Ordinances in its entirety dealing with the Youth Advisory Board. Councilor Mike Wismer explained that he introduced the idea of a Youth Advisory Board five or six years ago to give the youth of the community a new voice concerning issues and items the group felt were important. Since that time, however, other community organizations have emerged that provide opportunities for youth involvement in community Read More

County Administrator Discusses Belt Tightening Measures

Los Alamos County Administrator Harry Burgess, third from right, explains to Council that it’s prudent to anticipate less GRT revenue likely coming to the County from Los Alamos National Laboratory in the coming years and to look ahead for ways to reduce costs. He would like to see the current Council hold off on some of the multi-million dollar projects where possible and has scheduled a mid-year budget review for the Jan. 29 Council meeting. He told Councilors that there is enough reserve funding to carry the County through three budget cycles but wants to find ways to conserve money where Read More

Planning and Zoning Commission Conducts Annual Briefing to County Council

Los Alamos Planning and Zoning Commission Chairman Fred Roach briefs County Councilors on the commission’s activities over the past year. Photo by Carol A. Clark/ladailypost.com

Los Alamos Planning and Zoning Commissioners from left, Chairman Fred Roach at podium, Pete Sheehey, Avivah Smith-Nelson and Anne Nobile discuss the work of the commission and call for members of the public to contact them with interest to serve on this commission as two positions are coming available. Council Chair Sharon Stover commended the commission for its fine work over the past year. Photo by Carol Read More

Driver Cited for DUI in Monday’s 3-Car Crash

Police issue charges in this three-vehicle collision Monday on Trinity Drive. Photo by Greg Kendall/ladailypost.com

By Carol A. Clark

Los Alamos Police have issued charges against one of the driver’s in Monday evening’s three-vehicle collision on Trinity Drive near Timber Ridge Road.

Geraldine Quintana of Santa Fe has been charged with one count of aggravated DUI, one count of abandonment or abuse of a child and one count of careless driving.

“Our investigation finds that a 2000 Toyota sedan driven by Alice Gutierrez attempted to make a left turn on Timber Ridge when it Read More

State GOP Elects New Officers

John Billingsley

Staff Report

New Mexico Republican Party leaders elected retired businessman John Billingsley as state party chairman during Saturday’s biannual meeting in Albuquerque of the state party’s central committee. He replaces outgoing Chairman Monty Newman.

Billingsley has been chairman of the Lincoln County GOP as well as the state party’s first vice chairman for the last two years. He also served as U.S. Rep. Steve Pearce’s 2008 Senate race campaign manager.

Party leaders also elected Rube Render as 1st vice chair, Rick Lopez as 2nd vice chair, Charles Christmann as congressional Read More

Rachel Peck Guides Olions to Great Start

Anastasia (Haley Henson) and policewoman (Rebecca Varjebedian) discuss the baby in “Nothing Is What It Seems” written and directed by senior Alexandria L’Esperance. Courtesy/Olions
 

Review by Maire O’Neill

The Los Alamos High School Olions presented this year’s student-directed one act plays in the new Topper Theater Dec. 6-9.

As always, this year’s plays, which ranged from heart-breaking to mind-twisting to bully-breaking, showcased the multiple talents of the Olions.

“Nothing Is What It Seems” written and directed by Alexandria Read More

Stidhams Mark 25 Years at LA Church of Christ

Timothy and Tanya D. Stidham. Courtesy photo

By Linda K. Wood

In 1987, “The Cosby Show” was the most popular program on television, the New York Giants won the Superbowl and a gallon of gasoline cost 89 cents.

In August of that year, Timothy D. Stidham and his wife Tanya, moved with their four children to Los Alamos from Sherman, Texas.

They were to begin what would be 25 years of service to the Los Alamos Church of Christ. Twenty-five years and counting…

The church honored the Stidhams with a banquet at Hilltop House Hotel Friday, Nov. 30. At that time, present and former church members recounted Read More

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