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FREDERICK, Colo. -- A Frederick husband and father is behind bars in the Weld County Jail, booked early Thursday morning for the disappearance of his pregnant wife and two young daughters.According to two law enforcement officials, Christopher Watts, 33, has confessed to killing Shanann?Watts, 34, and their two daughters — 3-year-old Celeste and 4-year-old Bella. Officials believe they know where the bodies are.Watts and her daughters were reported missing out of Frederick on Monday. The Colorado Bureau of Investigation issued a missing-endangered alert for the three on Tuesday. A day later, the Federal Bureau of Investigation joined in the search.Just after midnight Thursday, an official with the Frederick Police Department said they had made an arrest "in connection to the missing person's case" involving Shanann Watts and her two girls. Officials said they were awaiting charges for the suspect, who will be held at the Weld County Jail for the time being.Police declined to comment further on the investigation. Watts was 15 weeks pregnant. In an interview with Scripps station KMGH in Denver on Tuesday, Chris Watts said his wife’s purse, keys and phone were all left at home before she went missing. You can watch the full interview below: Town of Frederick officials said they would provide another update in this case on Thursday at 10:30 a.m. 1422
Financial fallout from the pandemic is hitting millennials hard — and many will soon turn to their parents for help, if they haven’t already.Before parents ride to the rescue, financial planners urge them to map out a strategy that doesn’t just plug a short-term need but also makes sense in the long run.“Often the heartstrings will get pulled — ‘I really have to help them!’— but it can be detrimental to the parent,” says certified financial planner Jeffrey L. Corliss of Westport, Connecticut.(Of course, financial aid can flow the other way, as many millennials help support their parents. I’m addressing parents here, but most of the advice applies to kids helping their folks as well.)Millennials losing jobs, incomeEven before the pandemic, millennials had lower median incomes, far more debt and a much smaller slice of the nation’s wealth than boomers had at the same age. Millennials — usually defined as those ages 24 to 39 — are more likely than older generations to have lost jobs or household income because of the pandemic, various surveys show.“I’ve already seen clients coming in, worried about their kids,” says CFP Deborah Badillo of Miami. “‘They’re going to lose the house! What can I do to help them?’”Have them explore alternativesEncourage your kids to take full advantage of available financial help before extending yours, Badillo says. They may not know, for example, that unemployment benefits have been dramatically expanded because of the pandemic. Weekly payments are higher and are available to people who normally wouldn’t qualify, including gig workers, the self-employed and people whose hours have been reduced.In addition, there are many more options for people struggling to pay debt. Most mortgages qualify for forbearance programs that allow homeowners to skip payments for up to a year. Hardship programs have been added or expanded by credit card companies and other lenders. Federal student loan payments have been paused until Sept. 30, and income-driven programs can reduce payment amounts after that.Another option is a coronavirus hardship withdrawal, which allows people to tap their IRAs and 401(k)s without penalty if they were physically or financially affected by COVID-19. The withdrawals are taxable, but if the money is paid back within three years those taxes are refundable. Raiding retirement funds isn’t ideal, of course, but your kids have many more years to replenish their retirement savings than you do.Assess your own situationWhile your kids are filing for unemployment and calling their lenders, take a moment to assess your own finances. Where will the cash for your kids come from? It’s one thing to give away money you’ve been saving for a vacation, since you’re unlikely to travel soon anyway. It’s quite another to undermine your own ability to retire or handle a layoff or other setback.Some parents make a conscious decision to operate with a smaller cushion, or to delay their retirements, to help their children, says CFP Lazetta Rainey Braxton in New York. Just keep in mind that you may not get to decide when you retire. Many workers retire earlier than expected, often because of a health problem or job loss. Helping your children now could mean you have to lean on them later, Braxton says. If you’re not sure how this financial aid will impact your future finances, a consultation with a fee-only financial advisor could bring you some clarity.Set some boundariesFinancial planners typically recommend deciding how much to give, and then setting clear boundaries about when the financial help will end. That’s tricky now, of course, because no one knows how long the current economic crisis will last.But parents can still set expectations in other ways, financial planners say. If the child didn’t have an emergency fund, for example, parents can discuss the importance of saving money out of every future paycheck, so the child won’t have to rely on family help again, Braxton says.“Some parents will just put on a Band-Aid and give them money, but they really haven’t helped in terms of their financial capacity,” Braxton says.If an adult child is moving back home, Corliss suggests a written contract outlining chores and responsibilities, such as how soon they’ll be expected to move out after finding a job. A similar end date can be set for any cash the parents hand out. Corliss says the message should be clear: “We expect you to get on your feet as soon as you can.”This article was written by NerdWallet and was originally published by The Associated Press.More From NerdWalletMortgage Relief Programs for Homeowners Hit by the Coronavirus CrisisWhat Is a Credit Card Hardship Program?Cashing Out a 401(k) Due to COVID-19? Consider These Things FirstLiz Weston is a writer at NerdWallet. Email: lweston@nerdwallet.com. Twitter: @lizweston. 4841
For the first time, a bill to legalize marijuana at the federal level will soon go to the floor of the U.S. House for a vote.“The MORE Act would actually erase past convictions for marijuana offenses, opening the door to opportunities to jobs, housing, education, things that could help people, but it would also make it so people will no longer be denied federal benefits because of marijuana activity,” said Maritza Perez, Director of the Drug Policy Alliance.Some CEOs of companies in the industry say the bill has a long road ahead but are optimistic marijuana will become legal at some point.“I think that it creates that dialogue where we can have sensible legislation and policy when it comes to cannabis and THC products,” said Joe Dowling, CEO of CV Services.“It’s actually one of the few things that when I’m talking to people on both sides of the aisle, that they actually agree, that it’s something that can move us forward in one direction in creating jobs and stimulating the economy,” said Michael Cammarata, CEO of Neptune Wellness Solutions.Studies show more people support the legalization of marijuana. A 2019 Gallup poll showed majority-support across major political parties for legalizing marijuana. It showed 51% of Republicans, 68% of independents, and 76% of Democrats are in favor of it.A vote on the MORE Act is expected to happen next week. If it passes the Democratic-controlled House, it faces a challenge in the Republican-controlled Senate. 1480
FREDERICK, Colorado – With the case documents currently sealed by a judge regarding the investigation into why 33-year-old Chris Watts allegedly killed his pregnant wife and two young daughters, more information about the family is filling in holes in the timeline surrounding the killings.Local, state and federal law enforcement officials said at a Thursday morning news conference they are still working to piece together the investigation surrounding the deaths of 34-year-old Shanann Watts and her daughters, 3-year-old Celeste and 4-year-old Bella.PHOTOS: Chris Watts arrested, charged for family deathsBut many questions remain about what might have led to the killings and when they occurred. Here’s everything we know so far: 742
Frankie Kipp started the Blackfeet Nation Boxing Club in 2003 for a simple reason. He wanted to teach vulnerable people on the reservation, especially women and young girls, to defend themselves.After years of working as a probation officer, he was tired of bearing witness to tragedy after tragedy. Kipp was a successful amateur boxer in his youth and connected the two sides of his life with the club. Next week, Kipp’s life work and his pupils will be recognized on the big screen. The club will be featured in a documentary called “Blackfeet Boxing: Not Invisible”, set to air Tuesday, June 30 at 7:30 p.m. ET on ESPN.“I started seeing girls getting bullied,” Kipp said from his home in Browning, Montana. “And several in their 20s wanted to learn how to take up for themselves because they were getting abused. We start hearing about young ladies getting taken from Indian country. And so I started training my daughter and I told her if something happens, at least you're going to know how to fight for your life.”Over the past 20 years, Kipp has trained more than 500 boxers on the reservation, and he’s seen positive effects in his charges and in the community.“Some of the girls that come into the boxing club have really low self-esteem. And the confidence they get from boxing is just phenomenal,” Kipp said. “But I don’t train bullies. I tell all the boxers to go to authority figures first if someone is threatening them. But let them know that you box for Blackfeet Nation and that you won’t let anyone hit you. You will fight back.”“It was emotional a sense that, I was a probation officer prior and I put a lot of things upstairs in my head, unpleasant things,” Kipp said. “I had to talk several people out of suicide, kids as young as 8 years old wanted to kill themselves. The documentary had brought a lot of memories back up. There were a few that were real unpleasant that made me break down during the interview.”‘Blackfeet Boxing: Not Invisible’, directed by Kristen Lappas and Tom Rinaldi, is a film about fighting — for respect, identity and acknowledgment.The documentary, which has already screened at several film festivals, paints the gym against the backdrop of stories like that of Ashley Loring-Heavyrunner and several other Missing and Murdered Indigenous Women. Kipp hopes the large audience will help spread awareness to the silent epidemic.“I think it would raise awareness, not just on our reservation but most of the Indian nations. This is what's happening, people are coming up missing,” Kipp said. “We have unsolved murders. It’s crazy some of the things that we see. I do think that it's going to bring up some awareness with that.”There are no scorecards or knockouts for many of the boxers on the Blackfeet Reservation. Their prize is survival.Kipp: "If you don't fight for your life, you won't have a life."This story originally reported by Tom Wylie on ktvq.com. 2916