Letter: Vote Lynette Bond for Mayor

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To the Editor:

I write today to urge North Adams voters to support Lynette Bond for mayor. I believe a vote for Lynette will keep the city moving in the right direction. Lynette is incredibly active in North Adams and has the experience, foresight, and fortitude to do the job that needs to be done. Sure, she has never been a Facebook warrior, soapbox avenger, or ego maniac, so perhaps her deep investment and commitment to the city hasn't hit everyone's radar, but the positive impact of her work has likely touched each and every one of you in some way.

The city of North Adams has always had to work a little harder than other places to succeed. Lynette gets that and spends her time putting in that effort, not just talking about it or reminiscing about what once was.

I've known Lynette for years and when she announced her candidacy for mayor, I was thrilled. Lynette and I volunteered on the Planning Board together and I always found her inquisitive, mature, educated on the subject matter, able to make decisions -- and all around, just a great person. All necessary qualities in a mayor!

Lynette Bond will be proposing new, creative solutions (and she already is) -- and won't fall back on the same old same old. As mayor she can see a path forward to advance North Adams and help it realize its potential.



I have said for years that North Adams is too small to have the luxury of infighting. If we can't work together, why would anybody else want to work with us? Lynette will work with everyone, not just the majority who voted for a new direction over the last six elections. (A little secret: North Adams may be better known today, but the rest of the world doesn't care if you succeed or not. Only you do. For your own sake, work together.)

To address the garbage you might hear about "well, she's not from here." Neither was I. That didn't mean I couldn't fully commit myself to the community and find a longtime home and lifelong connections here. So please disregard those who make that argument. It's meaningless, divisive, and "where you are from" isn't a qualifier for how you will lead.

A recent fundraising letter that made the rounds on social media said the quiet part out loud: it implied that returning to the old days is the future for the city. To answer the point posed in the letter, yes indeed, I prefer how the city has been run the last 12 years. Freedom to dissent, freedom to express yourself, freedom to be creative with your business. Clearly a lot of other people liked it as well. Go forward with hope and vision North Adams, and elect Lynette Bond as your next mayor.

Paul Hopkins
Boylston, Mass.

Paul Hopkins is a former member of the North Adams Planning Board and former president of the North Adams City Council. 

 

 

 


Tags: election 2021,   letters to the editor,   


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Be careful when naming beneficiaries

You might not have thought much about beneficiary designations — but they can play a big role in your estate planning.
 
When you purchase insurance policies and open investment accounts, such as your IRA, you'll be asked to name a beneficiary, and, in some cases, more than one. This might seem easy, especially if you have a spouse and children, but if you experience a major life event, such as a divorce or a death in the family, you may need to make some changes — because beneficiary designations carry a lot of weight under the law.
 
In fact, these designations can supersede the instructions you may have written in your will or living trust, so everyone in your family should know who is expected to get which assets. One significant benefit of having proper beneficiary designations in place is that they may enable beneficiaries to avoid the time-consuming — and possibly expensive — probate process.
 
The beneficiary issue can become complex because not everyone reacts the same way to events such as divorce — some people want their ex-spouses to still receive assets while others don't. Furthermore, not all the states have the same rules about how beneficiary designations are treated after a divorce. And some financial assets are treated differently than others.
 
Here's the big picture: If you've named your spouse as a beneficiary of an IRA, bank or brokerage account, insurance policy, will or trust, this beneficiary designation will automatically be revoked upon divorce in about half the states. So, if you still want your ex-spouse to get these assets, you will need to name them as a non-spouse beneficiary after the divorce. But if you've named your spouse as beneficiary for a 401(k) plan or pension, the designation will remain intact until and unless you change it, regardless of where you live.
 
However, in community property states, couples are generally required to split equally all assets they acquired during their marriage. When couples divorce, the community property laws require they split their assets 50/50, but only those assets they obtained while they lived in that state. If you were to stay in the same community property state throughout your marriage and divorce, the ownership issue is generally straightforward, but if you were to move to or from one of these states, it might change the joint ownership picture.
 
Thus far, we've only talked about beneficiary designation issues surrounding divorce. But if an ex-spouse — or any beneficiary — passes away, the assets will generally pass to a contingent beneficiary — which is why it's important that you name one at the same time you designate the primary beneficiary. Also, it may be appropriate to name a special needs trust as beneficiary for a family member who has special needs or becomes disabled. If this individual were to be the direct beneficiary, any assets passing directly into their hands could affect their eligibility for certain programs.
 
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