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Tuesday, June 5, 2012

Reuters Money: In U.S., same-sex spouses may face financial tangles

Reuters » Money 2012
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06/5/2012
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
In U.S., same-sex spouses may face financial tangles
NEW YORK (Reuters) - Christel de Vries, a Dutch outsourcing manager for Accenture, sealed her love for her female partner twice, once in 2001 in Amsterdam under Dutch law and again in 2007 in a civil union in New Jersey. Yet under U.S. federal law, she isn't married — and that is creating obstacles in her divorce.
Health care court ruling could paralyze Medicare
CHICAGO (Reuters) - Opponents of President Barack Obama's health care law have been predicting dire consequences for seniors on Medicare ever since the legislation was signed last year. The warnings are mostly political spin, but there could be real problems if the U.S. Supreme Court strikes down the Affordable Care Act this month.
Is there a Great Past Performance Penalty?
(Reuters) - As we are in the finals of the hockey season, I wonder whether there is a penalty box for funds that have had great long-term investment performance.
Senate panel chief to detail tax code vision
WASHINGTON (Reuters) - The chairman of the Senate tax-writing committee promised to spell out ideas for revamping the tortuous tax code next Monday, providing a glimpse of the influential lawmaker's plan for major fiscal decisions looming at the end of the year.
For euro zone, life does not equal hope: James Saft
(Reuters) - As events in Europe show, an unhappy marriage can be prolonged indefinitely but where there is life there is not always hope.
How much wedding will $20,000 buy?
NEW YORK (Reuters) - When Heather Colburn and Greg Neil began planning their wedding, they had two goals: spend no more than $20,000, and invite 270 of their closest friends and relatives.
Are Europe's problems lurking in your bond fund?
NEW YORK (Reuters) - Global bond funds might not be the safe haven some investors expect.
More hotel deals expected in 2012
(Reuters) - The value of hotel deals for the first five months of 2012 came to $5.1 billion, down from $6.4 billion a year earlier, research from Jones Lang LaSalle Hotels indicated as attendees at a New York hospitality industry conference said they expected more hotel transactions this year.
MF Global trustee sees $3 billion in potential claims
(Reuters) - MF Global Holdings Ltd could have more than $3 billion in claims against its former affiliates, Louis Freeh, the trustee overseeing the wind-down of the parent company of the collapsed broker-dealer, said in his first status report.
Banks face competition on mobile wallets: study
CHARLOTTE, North Carolina (Reuters) - More than half of the consumers interested in paying for goods with their smart phones do not want the service provided by their main bank, according to a study due on Monday.
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