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There are two basic reasons why estate planning is so important. First, estate planning allows you to decide what will happen to your assets upon your death. Second, by planning ahead, you can substantially decrease the tax consequences of transferring your estate assets to family members or loved ones. In the absence of planning, your estate assets may be subject to either estate or gift taxes, both of which can significantly drain estate assets.
The former governor Arnold Schwarzenegger and his wife of over 25 years say they have no plans to reunite despite recent reports that they may have been seeking counsel and are trying to resolve their marital problems. The couple has been spending time together with their children which spurred on the rumors of reconciliation, however, sources claim that they are a family despite the divorce case and they will continue to parent their children together.
Large commercial trucks are always present on the roads and highways of America, and they are accountable for over 500,000 accidents every year. The United States Department of Transportation (USDOT) also states that commercial truck accidents account for 98% of annual traffic fatalities that involve automobile drivers. While it is a good idea to try to avoid driving behind or beside a commercial truck such as an 18-wheeler, it is impossible to avoid doing so at times.
The number of drug manufacturing plants across America is growing, but the majority of illicit drugs in our country are imported from other countries in South America and the Caribbean and Mexico as well.
Maybe the time has come in your life to get your social security disability benefits, but what happens when those benefits are denied?
According to legal reports, the Texas Supreme Court has recently passed down a landmark decision on water rights in the lone star state. Reportedly, the crux of the decision is that landowners own the water which is beneath their property. Sources say that after two years of litigation and speculation as to what the court might do, a decision was handed down on February 24, 2012.
Filing a personal injury lawsuit in the State of California is no easy task because of the complex and specific requirements it demands. Consequently, California personal injury claimants must be aware of the limitations concerning filing an injury case to avoid compromising their claim.
You have choices when planning your estate. You are not required to utilize a last will to direct the distribution of your assets after your death. Instruments such as revocable living trusts are viable options and they are not exclusively for the wealthy.
One of the more tragic cases, my office is working involves a woman who developed pressure sores on her heels during an admission to a New Mexico nursing home. Despite the fact that the woman was bed-bound, the facility took virtually no preventive measures to avoid pressure sores. In fact, by the time the staff at the nursing home began to treat the wounds, much of her heels and feet were covered with necrotic tissue.
Given the state of our high-tech delivery rooms, it might seem contradictory that most major birth injuries occur as a result of simple human communication problems. We like to assume ALL doctors know exactly what they’re doing, at all times. Especially during the high-stress experience of labor. But study after study has proved that teamwork breakdowns are more threatening to a baby’s health than anything else - simply because there’s so much to keep track of, at such a risky time.