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Here's how to save for your child who may need life-long care

Here's how to save for your child who may need life-long care

Finance
If you have a family member with a significant disability, you may be wondering how to care for her or him. Special needs trusts are an option but they often require substantial amounts of money — as much as $ 100,000 up front — and the services of a lawyer. A less expensive way of establishing a trust for a family member with special needs is the pooled trust, available to people with modest assets. Whether or not you have one of these special needs trusts, the ABLE account is another way to set money aside. Not only is it less expensive, it’s much easier. ABLE accounts are tax-advantaged savings accounts f...
A look inside the rescue effort to save boys trapped inside Thailand cave

A look inside the rescue effort to save boys trapped inside Thailand cave

World
In northern Thailand, rescuers are working around the clock to save 12 boys and their soccer coach who have been trapped inside a partly flooded cave for almost two weeks. New images and video taken from inside the Tham Luang Nang Non cave show crews with flashlights and equipment, struggling to wade through the floodwater's powerful currents as they prepare for a potential operation to rescue the group in the coming days. After days of heavy rain, rescuers took advantage of the relatively dry weather by pumping out as much floodwater as possible from the cave. Meanwhile, crews are working to divert any water flows in the area from entering the cave. The images also show crews installing dive lines and leaving extra air tanks along the path that rescuers may use to get the boys and...
Embryo breakthrough 'can save northern white rhino'

Embryo breakthrough 'can save northern white rhino'

Science
The seemingly "disastrous" story of the world's most endangered mammal - the northern white rhino - could be rewritten by IVF, scientists claim. They used the method to produce rhino embryos with sperm from two dead males.The embryos were made using eggs from a closely related sub-species, but the scientists say the method could save the northern white rhino. One of the team said he hoped a baby that's fully northern white rhino would be born "within three years". This could provide a way of "rescuing valuable genes" from a sub-species that is already functionally extinct; the last male northern white rhino, named Sudan, died earlier this year at the age of 45. Only two females now remain, but the researchers who carried out this...
NHS funding: Brexit 'won't save enough' to fund £20bn boost

NHS funding: Brexit 'won't save enough' to fund £20bn boost

Health
The government will not reveal how a £20bn boost to the NHS is funded until the autumn budget - but any savings from Brexit will not be "anything like enough", the health secretary says.Jeremy Hunt also said there "will be an increased burden of taxation" to fund the 3.4% average annual rises to 2023.It came after Theresa May said the NHS funding boost in England would be partly funded by a "Brexit dividend".Labour's John McDonnell called the funding model "not credible".The prime minister announced at the weekend that the government's plan to increase the NHS budget over the next five years.The plan means more money will be given to the rest of the UK - about £4bn - although it will be up to the Welsh and Scottish go...
Should I pay off my debt or save for emergencies first?

Should I pay off my debt or save for emergencies first?

Finance
Three simple ways to pay off credit card debt Why do financial experts recommend creating an emergency fund before paying off credit card debt?—Brandon You have some credit card debt and you're up for doing the hard work of paying it off. Then along come financial experts who tell you: Hold on! Emergency fund first! But why wouldn't you pay off debt as quickly as possible, especially when the average credit card charges a 16.73% interest rate? "Because life happens," says Rey Cruz, a certified financial planner with Cruz Investments and Wealth Management in Aurora, Illinois. And relying on a credit card in an emergency is incredibly expensive. In addition to the cost of borrowing, it isn't a safe fallback, says Cruz. "You can't extend your credit if the credit ...