» insurance

Austin, TX (Law Firm Newswire) February 17, 2017 – If a worker is injured on a jobsite in Texas and files a lawsuit, what happens to a claim for compensation? In Texas, companies may choose to opt in or to opt out of providing workers’ compensation. If a worker’s employer has chosen to opt in and that individual is hurt on the job, they cannot sue the employer. If the employer has chosen to opt out and there is a workplace accident, the injured worker may file a personal injury claim. Additionally, if a worker is killed, the family of […]


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Austin, TX (Law Firm Newswire) October 25, 2016 – Mercedes Contreras is suing Royal Cargo Corp. and Leyvis Ortega, alleging Ortega negligently failed to properly control his big rig. According to the trucking accident lawsuit filed in this case, Mercedes Contreras was heading west on I-30. She was hit by a big rig driven by Leyvis Ortega, who collided with the rear of her car. Contreras alleges she sustained permanent, disabling injuries. The statement of claim further alleges that Ortega did not pay attention to where he was going and what was going on around him, did not stay a […]


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Fairfax, VA (Law Firm Newswire) July 27, 2016 – A power of attorney is an important legal document that grants someone the right to take action on behalf of another person regarding financial decisions. It is often used by adult children whose parents are advanced in age and are no longer able to make decisions independently. However, challenges sometimes arise because financial institutions do not always facilitate the process of exercising that power. Therefore, families must take measures to avoid the potential problems stemming from a power of attorney. There are many kinds of powers of attorney. For instance, a […]


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Fairfax, VA (Law Firm Newswire) July 20, 2016 – Life insurance can be an integral part of estate planning in that it can help preserve wealth for posterity. In the case of an unforeseen death, life insurance can shield the testator’s family by replacing lost earnings. Additionally, there are many ways in which it can be used to take the place of wealth. For instance, if the testator owns real estate that has appreciated in value, or other assets, and would like to part with them without incurring capital gains tax liability, the testator could give the assets to a […]


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Virginia Beach, VA (Law Firm Newswire) July 15, 2016 – Older workers need to be wary of some potential Medicare errors that may come up if they intend to continue working past the age of 65. Approximately one-third of Americans within the age group of 65 to 69 stay in the workforce. This rate is 50 percent higher than it was ten years ago. Thus, an increasing number of older Americans are not getting Medicare upon reaching age 65. Andrew H. Hook, a prominent Virginia elder law attorney of Hook Law Center with offices in Virginia Beach and northern Suffolk, […]


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Tampa, FL (Law Firm Newswire) July 15, 2016 – The Florida Supreme Court heard arguments June 9 about whether damages caps in lawsuits over medical malpractice are constitutional. The medical malpractice case stems from injuries suffered by Susan Kalitan, a dental assistant who underwent surgery for carpal tunnel syndrome in 2007. Her esophagus was perforated when tubes were inserted into her mouth during the anesthesia process. The Supreme Court is expected to address the constitutionality of a 2003 law that set limits on non-economic damages, otherwise known as damages for pain and suffering, in medical malpractice cases. “Arbitrary limits on […]


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Fairfax, VA (Law Firm Newswire) May 11, 2016 – Frequently, estate plans are created on the basis of assumptions that are no longer true. Correcting these assumptions may help estate planners modify the way in which they handle certain estate planning issues. Following are some factors that advisors can consider when drafting their clients’ estate plans. Planning for long-term care is becoming increasingly important as people are living longer. Covering such costs should be taken into consideration prior to making gifts. One way of focusing on these expenses is through the use of long-term care insurance policies. An estate planning […]


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Brandon, FL (Law Firm Newswire) April 13, 2016 – Title lenders are coming under fire from the federal government and ordinary Florida citizens. The lenders issue loans to individuals using titles to the borrowers’ automobiles as collateral. Despite existing state law limiting certain controversial practices, the companies remain under scrutiny for what some call predatory lending. Federal regulators may weigh in on the matter soon, and at least one Florida couple is suing one of the state’s biggest lenders. Reggie Osenton, a Tampa bankruptcy attorney, strongly cautions against borrowers turning to title lenders. “Even the best of these lenders have […]


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Austin, TX (Law Firm Newswire) March 11, 2016 – Opting out of the Texas workers compensation system saves employers money over time, but there is a caveat to that observation. The rising number of significant jury awards may signal a change to come. Opting out of the Texas workers compensation system, otherwise referred to as non-subscription, is still appealing to many employers, as it saves companies a lot of money. “But in reality, it may not save a company money if an attorney wins an injury case against them,” said workplace injury attorney, Brooks Schuelke, of Perlmutter & Schuelke, PLLC […]


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Virginia Beach, VA (Law Firm Newswire) March 2, 2016 – Many baby boomers expect to work for a longer period of time and would prefer a phased retirement in which they gradually reduce the number of hours they work and/or work remotely. Therefore, they are seeking assistance from an increasing number of firms that concentrate on placing older workers in part-time and temporary positions in certain industries. While some jobs can be performed in the office, others can be completed from home or another remote area. According to a retirement study conducted in 2013, almost half of the participants expressed […]


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Virginia Beach, VA (Law Firm Newswire) February 18, 2016 – Although retirees’ health-care expenses are often high, there are options to handle their potential medical expenses. In a study conducted by Fidelity Investments, it was revealed that in 2014, a couple aged 65 would have required $220,000 to pay for health-care costs in their retirement years, excluding skilled nursing care. According to the American Council of Life Insurers, the average annual cost of care in a nursing home is approximately $81,000, with 2.6 years as the average time spent in a home by an elderly female patient, and 2.3 years […]


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Roseville, CA (Law Firm Newswire) February 11, 2016 – Special needs trusts (SNTs) are established for beneficiaries who are physically or mentally disabled. They are drafted in such a way that the beneficiary can reap the benefits of property that is held in trust for them while simultaneously maintaining eligibility to receive needs-based government benefits. The three kinds of SNTs are first-party, third-party and pooled trusts. First-party SNTs are used to hold property owned by the person with special needs, and are established by the disabled person’s parent, grandparent, conservator or the court. These trusts apply in cases in which […]


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Virginia Beach, VA (Law Firm Newswire) January 26, 2016 – The majority of individuals who purchase life insurance wish to replace their income should they die prematurely. They can choose a term plan that ends upon retirement. Another option is to pay for retirement by using a permanent life insurance policy, and withdrawing funds from the plan’s cash reserve. However, there are possible drawbacks when using this strategy. According to experts, whole life insurance may not be an appropriate investment vehicle because it is costly and not liquid. “When considering retirement planning, it is important to obtain sound investment advice […]


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Fairfax, VA (Law Firm Newswire) January 22, 2016 – Those who have blended families can face difficult estate planning issues. They may wish to leave a portion of their estate to their current spouse and their children, their children from prior marriages, and in some instances, their children from their spouses’ prior marriages. It can be a daunting task to provide for all members of one’s family. It is best not to depend on a spouse and children to work things out because there could be family arguments and possible litigation following one’s death. There are some estate planning vehicles […]


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Virginia Beach, VA (Law Firm Newswire) October 9, 2015 – There are several benefits associated with purchasing an annuity, but there are also risks. Several companies have announces that they are selling products called deferred-income annuities. This means that in return for a guaranteed paycheck for the rest of their life that starts many years later, they make a lump sum payment to an insurer. However, one cannot usually know for sure whether it would be prudent to purchase such annuities because it is unpredictable how long one will live. Nevertheless, one can consider the purchase of the annuity to […]


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Paramus, NJ (Law Firm Newswire) August 27, 2015 – In a precedent-setting victory, Callagy Law successfully argued that an ERISA plan administrator’s failure to substantially comply with a certain Department of Labor (DOL) regulation results in annulling the plan’s contractual limitation on the period in which to bring a law suit in Federal Court. Our client’s case was initially dismissed for filing his complaint after the plan’s one-year contractual limitation had run. But Callagy Law Counsel Matthew R. Major, Esq., persuaded the Third Circuit Court of Appeals that 29 C.F.R. § 2560.503-1(g)(1)(iv), a Department of Labor regulation governing the ERISA […]


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Virginia Beach, VA (Law Firm Newswire) August 25, 2015 – Filing for Medicaid can be complex, especially for people over the age of 65 and those who need long-term care. In such cases, hiring an attorney when applying for Medicaid can be important in securing coverage. “An attorney can help individuals identify which programs they may qualify for and take steps to become eligible if necessary, as well as provide assistance with the application process itself,” said Andrew H. Hook, a Virginia elder law attorney with Hook Law Center, with offices in Virginia Beach and northern Suffolk. Medicaid is the […]


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Palo Alto, CA (Law Firm Newswire) June 30, 2015 – The growing life settlement industry offers to buy life insurance policies and continue to pay the premiums in full, in order to help clients cover the cost of long-term care. “Many people are overwhelmed by long-term care costs, which are not covered by typical health insurance plans,” said Michael Gilfix, an elder law attorney in Palo Alto. “Life settlement firms offer to help, but the industry is still relatively small and not rigorously regulated.” By selling one’s policy to a life settlement company, it is possible to get cash flow […]


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Virginia Beach, VA (Law Firm Newswire) April 30, 2015 – Although long-term care insurance is beneficial for some people, purchasing such a policy also has notable downsides, including the high cost of premiums and the limitations on coverage. “People are living longer than ever and using long-term care for longer periods of time than in the past. So long-term care insurance has become very expensive, and the benefits are often inadequate,” said Andrew H. Hook, a Virginia elder law attorney with Hook Law Center, a firm located in Virginia Beach and northern Suffolk. Nursing home care can be prohibitively expensive, […]


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Virginia Beach, VA (Law Firm Newswire) April 23, 2015 – Many Americans purchase long-term care insurance to ensure that if they come to need nursing home or other long-term care, they will be able to afford it. Because long-term care insurance offers no active use until a health crisis develops, it is important for policyholders to stay on top of payments and to be aware of any changes to the policy. “In the months leading up to a real need for long-term care, seniors’ changes in health or mental state can sometimes lead them to fall behind on their insurance […]


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