Detroit Emergency Financial Manager Kevyn Orr Had Tax Liens
Kevyn Orr, Detroit's new emergency financial manager, had two outstanding liens on his $1 million home in Chevy Chase, Md., for $16,000 in unemployment taxes in 2010 and 2011.
Kevyn Orr, Detroit's new emergency financial manager, had two outstanding liens on his $1 million home in Chevy Chase, Md., for $16,000 in unemployment taxes in 2010 and 2011.
When a parent is diagnosed with Alzheimer's Disease, it's up to the adult children to protect their finances, by getting power of attorney, monitoring accounts, and using other tactics. Here's how Cameron Huddleston of Kiplinger did it.
When it comes to money, there's really no such thing as normal. What we can tell you, though, is what other people are doing, so you can gauge "normal" for yourself.
Men's lifestyle website AskMen's Great Male Survey polled men on a host of subjects: Careers, relationships and -- most important for us at DailyFinance -- their financial opinions. Then they teamed with Cosmopolitan to get the female point of view. And some of the gender disparities were pretty striking.
Even the smartest people can do dumb things when it comes to money. Do you find yourself accumulating credit-card debt for goodies you don't really need -- and failing to plan for retirement? Here's one financial adviser's five-step plan to break bad habits.
It's certainly not easy, but for those who can do it, calculating expenses jointly helps clarify points in the negotiation that should be acceptable to both parties. And any post-divorce expenses will need to consider all manner of child care costs.
Except for child custody matters, dealing with the division of assets is always the main area of stress during divorce proceedings. But you can take concrete steps that will take at least some of the pain out of the process, as Part Two of our series explains.
Even in a "friendly" divorce, both parties must make sure they're doing everything possible to protect their financial futures. But people in the midst of a divorce often don't know where to start. In this three-part series, we'll take you through the five key steps. Here's Part One.
It's hard to make huge changes in your spending habits all at once. To reach your new year's resolution to manage your finances better, try small steps instead. Financial experts offer 10 easy suggestions that could help you spend less and save more in 2011.
New York Attorney General Andrew Cuomo has filed a civil lawsuit against Ernst & Young, alleging that the accounting giant helped now-defunct investment bank Lehman Brothers hide billions of dollars in debt from its investors via loans disguised as sales.
U.S. household wealth increased 2.2% in the third quarter as stock prices rose and consumers cut debt, according to a Federal Reserve report released Thursday. Companies' cash balances also grew in the third quarter.

























