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Archive for July, 2009

Men tell police of attack by gang after pistol-whipping, shots fired

Wednesday, July 22nd, 2009

By David ReynoldsDave.Reynolds@StarNewsOnline.com

Three men were attacked by a group of about seven young men, armed with handguns, near the corner of South 11th and Ann streets.

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Accident victim blames highway patrol for loss of his bicycle

Wednesday, July 22nd, 2009

By David ReynoldsDave.Reynolds@StarNewsOnline.com

Todd Hasz says he is considering suing the N.C. Highway Patrol for the value of his bike, which he says shouldn’t have been left at the scene of an accident.

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Some pushing for streetcars in downtown Wilmington

Wednesday, July 22nd, 2009

By Patrick GannonPatrick.Gannon@StarNewsOnline.com

At the Wilmington Railroad Museum, Bill Bryden brought together a group to discuss the possibility of bringing streetcars back to Wilmington.

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Set decorator Hugh Scaife remembered as a renaissance man, teacher

Wednesday, July 22nd, 2009

By Amy HotzAmy.Hotz@StarNewsOnline.com

Although he was born into a wealthy family and became a yachtsman with a penchant for fine arts, Hugh Scaife made his own way in life.

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Marino on Money: July 22

Wednesday, July 22nd, 2009

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This week we are talking about adoption. Yesterday, we reviewed the total costs. They can range from $0 for some children in foster care, up to tens of thousands. Most families don’t have $20k-$30k lying around. Fortunately, there are resources to help with the costs.

First, investigate the different types of adoptions. Call social services to ask about adoption. Then call a couple of agencies that specialize in domestic and foreign adoptions. As always, the internet has a wealth of information.

Here are some of the ways families receive help for adopting a child. First, there is a tax credit of $11,390 for special needs adoptions. There is also an annual tax credit of $1,000 per child. Depending on your income, you may be phased out each credit. Check with your tax advisor to see if you qualify.

These credits are not available until the adoption is finalized, so be prepared to pay all of the expenses up front. There are also credits for military personnel. If you qualify for any of the credits, understand they will not be available until after you file your tax return.

There are many places where you can receive help with adoption, but it does take a little work on your part. Check with your employer, they may offer adoption assistance as well. Also search the internet or ask an adoption agency about grants. Many families use a home equity line or other loan to finance the adoption.

Remember, you can’t call 1-800-Gimme-A-Baby. It’s not that easy. Like every good thing in life, adoption takes some work, but it is definitely worth it.

If you have a financial question for Ross, you can use the Marino on Money page.

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videoAdopting a child is one of the biggest decisions in a parent’s life. This week on Marino on Money, Ross discusses several options and tells you what to expect financially.

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