Texas Lawyers Blog

Description

The Texas Lawyers Blog provides useful information on the law and Texas lawyers. For more information on this Blog or a legal topic, please feel free to submit an inquiry or send an e-mail message to blog@texaslawyers.com

Saturday, August 25, 2012

SEC Requires International Energy, Mining, and Extraction Companies to Report Payments to Foreign Governments by International Energy Company Fraud Lawyer and International Oil Company Illegal Kickback Lawyer Jason S. Coomer

International Energy, Mining, and Extraction Companies Listed With the SEC Are Being Required to File SEC Disclosures On Payments Made to Foreign Government Officials for Oil, Gas, and Mineral Contracts: False Reports of Payments to Foreign Governments by Multinational Oil Companies Can Result In SEC and FCPA Violations That Are the Basis for Whistleblower Reward Bounty Actions by International Energy Company Fraud Lawyer and International Oil Company Illegal Kickback Lawyer Jason S. Coomer

Under the Dodd-Frank Wall Street Reform and Consumer Protection Act, all domestic and foreign companies registered with the U.S. Securities and Exchange Commission (SEC) must publicly report how much they pay governments for access to their oil, gas and minerals, beginning in FY2012. These payments must be reported on a country-by-country and a project-by-project basis, and will likely cover a wide range of the material benefits that accrue to governments from extractive deals.  This Dodd-Frank reporting requirement, known as the Cardin-Lugar Transparency Amendment is expected to help remove corruption from the oil and gas mineral extraction industry.

SEC ruling will spotlight financial dealings of firms in Africa | MinnPost

"The world is set to know a bit more about the billions of dollars that US-listed companies spend to scoop gold and gas and diamonds and oil out of the earth."

"In a 2-to-1 vote yesterday, the US Securities and Exchange Commission approved a thorny clause nestled near the back of 2010's 800-page US Financial Reform Act. Section 1504 — the “Disclosure of Payments By Resource Extraction Issuers Section” — forces any oil or mining company listed on a US stock exchange to produce an annual report detailing each check, bank transfer, or cash-flushed suitcase above $100,000 that they submit to foreign governments."

False Reports of Payments to Foreign Governments by Multinational Oil Companies Can Result In SEC and FCPA Violations That Are the Basis for Whistleblower Reward Bounty Actions

If you have evidence of an energy company that is committing accounting fraud or giving illegal bribes to government officials, please feel free to contact International Oil Company Government Corruption Lawyer, Jason S. Coomer or go to the following web page for more information:  International Extraction & Mining Contract Whistleblowers.

Sunday, August 19, 2012

Texas Depuy Pinnacle Hip Implant Lawsuits and Texas Depuy ASR MoM Hip Lawsuits: Depuy Pinnacle Hip Implants and Depuy ASR Mom Implants Are The Subject of Several Failed Hip Implant Lawsuits by Texas Depuy Pinnacle Hip Implant Lawyer and Texas Depuy ASR MOM Failed Hip Implant Lawyer Jason S. Coomer

Texas Failed Depuy Pinnacle Hip Implant Lawyers and Texas Failed Depuy ASR MOM Hip Implant Lawyers are Still Taking Some Depuy Pinnacle Hip Implant Lawsuits and Depuy ASR MOM Implant Lawsuits by Texas Depuy Pinnacle Hip Implant Lawyer and Texas Depuy ASR MOM Failed Hip Implant Lawyer Jason S. Coomer

Though some Depuy failed hip implant lawsuit statutes are about to run, other Depuy failed hip implant lawsuits continue to be viable.  Persons that have failed Pinnacle hip implants and persons that have recently been diagnosed with a failed ASR MOM hip implant and will require or have recently required revision hip surgery may still have viable failed hip implant lawsuits.  Persons that have a failed hip implant that has recently been removed should contact a Depuy failed hip implant lawyer to determine, if they may still have a viable case. If you or a family member have been the victim of a failed hip replacement surgery and had to have a hip implant replaced through revision hip surgery, please feel free to send an e-mail to Texas Failed Depuy Pinnacle Hip Implant Lawyer abd Texas Failed Depuy ASR MOM Hip Implant Lawyer Jason Coomer about these potential statutes and potential failed hip implant issues.

Failed Depuy Pinnacle Hip Implant Lawsuit Information, Failed Depuy ASR MOM Hip Implant Lawsuit Information, and Failed Hip Implant Hip Revision Surgery Lawsuit Information

For more information on Failed Depuy Pinnacle Hip Implant Lawsuits, Failed Depuy ASR MOM Hip Implant Lawsuits, and Other Failed Hip Implant Revision Surgery Lawsuits, please go to the following Web Pages: Depuy Revision Hip Surgery Lawsuit Information, Failed Hip Surgery Medical Malpractice Lawsuit and Defective Hip Implant Lawsuit Information, and Depuy Failed Hip Surgery Lawsuit and Metal on Metal Hip Implant Revision Surgery Lawsuit Information.

Medicaid Fraud Qui Tam Lawyers Help Health Care Professionals Claim Financial Rewards For Properly Exposing Medicaid Fraud By Texas Medicaid Fraud Qui Tam Lawyer and Medicaid Fraud Whistleblower Lawyer Jason S. Coomer

Medicaid Fraud Qui Tam Lawsuits, Medicaid Fraud False Claims Act Lawsuits, and Medicaid Fraud Whistleblower Lawsuits Offer Large Financial Rewards and Whistleblower Protections to Health Care Professionals That Properly Expose Medicaid Fraud by Texas Medicaid Fraud Qui Tam Lawyer & Medicaid Fraud Whistleblower Lawyer Jason S. Coomer

Medicare Fraud Whistleblowers are needed now more than ever to expose systematic Medicaid fraud that is being committed by large for profit health care providers that are seeking to increase their profits by committing fraud against government benefit programs including the Children's Health Insurance Program (CHIP), Medicaid, and Medicare.  Through Medicaid fraud, CHIP fraud, and Medicare fraud; some hospitals, nursing homes, home health care companies, therapists, doctors, dentists, and large health care companies are getting rich by defrauding the government and taxpayers.


USDOJ: United States Joins Lawsuit Against San Francisco Area’s North East Medical Services

The United States has joined a whistleblower action pending in the Northern District of California against the federally-qualified health center (FQHC), North East Medical Services (NEMS), alleging that the center under-reported income it received from a managed care organization in order to artificially inflate reimbursements it received from the California Medicaid program, the Justice Department announced today.   North East serves the San Francisco Bay area.

“As health care costs continue to rise, it is more important than ever that health care providers report accurate information to federal and state health care programs,” said Stuart Delery, Acting Assistant Attorney General for the Justice Department’s Civil Division.   “The Department of Justice is committed to cracking down on improper accounting practices such as those alleged in this case, which undermine the integrity of these health care programs and increase the costs of health care for the rest of us.”
 
“Filing claims that imp roperly inflate reimbursement amounts means there are less funds available for people in need,” said Melinda Haag, U.S. Attorney for the Northern District of California. “My office views the actions this defendant allegedly committed as a serious breach of the responsibilities healthcare organizations owe to people in need of medical care and also to the taxpayers who fund these programs.  We are committed to doing everything in our power to protect the integrity of the healthcare system.”
 
The whistleblower action, captioned United States ex rel. Trinh v. North East Medical Services, Inc. Civil Action No. 10-1904 (N.D. Cal.), was filed under the qui tam provisions of the False Claims Act.   The False Claims Act allows for private persons to file actions to provide the government information about wrongdoing.   Under the statute, if it is established that a person has submitted or caused others to submit false or fraudulent claims to the United States, the government can recover treble damages and $5,500 to $11,000 for each false or fraudulent claim filed.   If the government is successful in resolving or litigating its claims, the whistleblower who initiated the action can receive a share of between 15 percent to 25 percent of the amount recovered.

Medicaid Fraud Qui Tam Lawsuit Information, Medicaid Fraud False Claims Act Lawsuit Information, and Medicaid Fraud Whistleblower Lawsuit Information

If you are aware of Medicaid Billing Fraud, Medicare Billing Fraud, CHIP Fraud, or other health care fraud and are the original source with special knowledge and evidence of the fraud, it is important that you step forward to expose the fraud.  For more information on Medicaid Fraud Qui Tam Lawsuits and Medicaid Fraud Whistleblower Lawsuits, please feel free to contact  Medicaid Billing Fraud and CHIP Fraud Whistleblower Lawyer Jason Coomer via e-mail message or go to the following web pages: Medicaid Billing Fraud Whistleblower Lawsuits, Medicaid Retention Overpayment Lawsuits, Texas Medicaid Fraud Whistleblower Recovery Lawsuits, and Medicaid Referral Kickback Lawsuits.

Saturday, August 18, 2012

Brazil Government Official Bribes: New Laws Prohibit Multinational Corporations From Bribing Brazilian Government Officials and Offer Large Financial Rewards and Protections to International Whistleblowers for Exposing Government Corruption and Illegal Bribes by Brazil Government Official Bribe Lawyer and Brazil Government Official Illegal Payment Lawyer Jason S. Coomer

International Contract Bribes and SEC Bounty Actions: Multinational Corporations That Illegally Bribe Brazilian Government Officials Are The Target of FCPA SEC Bounty Actions That Reward and Protect International Whistleblowers That Expose Illegal Bribes, Kickbacks, and other Government Corruption by Brazil Government Official Bribe Lawyer and Brazil Government Official Illegal Payment Lawyer Jason S. Coomer

With the rapidly expanding Brazilian economy, many international corporations are using illegal bribes, kickbacks, and other illicit payments to government officials to obtain lucrative government contracts, construction contracts, and oil contracts.  These illegal bribes are the target of new laws that offer large financial rewards and whistle blower protections to international whistle blowers that expose illegal bribes and other government corruption.  These whistle blower reward laws are essential and effective in exposing government official bribes, government agent kickbacks, fraud, embezzlement, and other forms of corruption.

These foreign anti-bribery laws are part of a global trend where governments around the world are cracking down on large corrupt multinational corporations that are offering bribes and kickbacks to government officials in order to obtain large government contracts, avoid health & safety regulations, bypass environmental laws, and exploit populations in foreign countries.

If you are aware of significant international contract bribes, illegal kickbacks or other corrupt practices by foreign companies and/or multinational corporations, please feel free to contact Brazil Government Official Bribe Lawyer Jason Coomer. 


Analysis: Next hurdles for Brazil: sticky fingers, red tape | Reuters

"The ministry overseeing Brazil's new $66 billion infrastructure plan was also ground zero for a spectacular corruption scandal last year in which officials allegedly demanded 5 percent kickbacks on highway construction projects and then pushed carts down the hallways to hand out the cash."


"Rousseff hopes the infrastructure plan, unveiled on Wednesday, will revolutionize Brazil's decrepit highway and railway system. She is also betting it will provide a boost to an economy that has barely grown during the past year, and is struggling to upgrade its infrastructure before hosting the 2014 World Cup and the 2016 Summer Olympics."

"The initiative marks a major shift from practices over the past decade in which successive left-leaning governments oversaw planning, execution and maintenance of most infrastructure projects. Under the new scheme, which some have labeled a privatization, businesses will be responsible for most aspects of building or improving about 4,500 miles of highways and 6,200 miles of railroads."

"Rousseff said she will outline similar initiatives for sea ports and airports in coming weeks."

"Observers generally praised the spirit of the plan, but pointed out that it does not remove the state entirely from the equation. Brazil's notoriously slow environmental licensing process, a legal system that allows projects to be halted for tenuous reasons, and continued problems with graft mean that the plan is likely to fall short of Rousseff's expectation of $50 billion in investments in just five years."

 Brazilians and Other International Whistle Blowers Can Receive Large Financial Rewards for Properly Exposing International Bribes and Kickbacks

For more information on  Brazilian Government Bribe Whistle Blower Bounty Actions where international executives, Brazilians, and other international whistle blowers can obtain large financial rewards for exposing international bribes and kickbacks from multinational corporations to government officials, please go to the following webpage: Brazilian Government Official Bribe Bounty Actions & Brazil Illegal Bribe Bounty Action Whistle Blower Rewards.

 

Thursday, August 16, 2012

Texas Corporate Fraud Lawyers Provide Legal Advice on Several Different Types of Corporate Fraud Lawsuits By Texas Corporate Fraud Lawyer and Texas Corporate Fraud Whistle Blower Lawyer Jason Coomer

Texas Corporate Fraud Lawyers Handle a Variety of Corporate Fraud Lawsuits Including SEC Corporate Fraud Whistle Blower Lawsuits, Breach of Fiduciary Duty Lawsuits, Corporate Fraud Shareholder Lawsuits, and Corporate Fraud Business Torts by Texas Corporate Fraud Lawyer and Texas Corporate Fraud Whistle Blower Lawyer Jason S. Coomer

Corporate fraud has been increasing as many business executives and business owners have committed massive corporate fraud at the expense of their shareholders, corporations, and business partners.  These fraudulent activities can be the basis of several different types of legal actions including breach of fiduciary duty lawsuits, corporate fraud business tort lawsuits, corporate fraud shareholder lawsuits, and corporate fraud whistle blower lawsuits.
For more information on corporate fraud lawsuits and corporate fraud whistle blower lawsuits, please feel free to contact Texas Corporate Fraud Lawyer and Confidential Corporate Fraud Whistle Blower Reward Lawyer, Jason S. Coomer.


Texas Corporate Fraud Lawyers Can Help Recover Business, Corporate, and Partnership Assets Through Texas Business Fraud Lawsuits and Texas Corporate Fraud Lawsuits

Protecting Corporate and Partnership assets including investment capital, mineral rights, intellectual property, water rights, stock, real estate, trade secrets, customer lists, and revenues is an important part of running a successful business.  However, sometimes someone in a position of power or with opportunity will take advantage of a situation to steal or take what does not belong to them.  The first step in recovering the assets is to obtain evidence of the fraudulent act.  Commonly, computer hard drives, e-mail messages, and accounting records are the best source of evidence to prove wrongdoing.  The  second step is to calculate the assets that were taken and any additional damages that this fraud has caused.  The third step is to identify all potential defendants that allowed the fraud to take place and who profited from the corporate fraud.

For more information on types of corporate fraud, please go to the following web pages or use the submission form on this Blog.
 
SEC Bounty Action Lawsuits Are Designed to Expose Corporate Fraud by Rewarding and Protecting Corporate Fraud Whistle Blowers

The SEC is offering large financial bounties to insider trade whistle blowers that expose executive insider trading, stock manipulation schemes, fraudulent accounting practices, hedge fund insider trading, private equity fund fraud, money manger insider trading, hedge fund manager illegal trading, stock manipulation schemes, and other violations of securities law.  These insider trading whistle blower rewards can be obtained by financial professionals with knowledge of illegal insider trading and other SEC violations.  The SEC encourages all financial professionals with original knowledge of executive insider trades, hedge fund insider trades, private equity fund fraud, false misleading information on a company's financial statements, false information on Securities and Exchange Commission (SEC) filings, stock manipulation schemes; embezzlement by stockbrokers; and other securities fraud to properly expose the violations.  

For more information on corporate fraud lawsuits and corporate fraud whistle blower lawsuits, please feel free to contact Texas Corporate Fraud Lawyer and Confidential Corporate Fraud Whistle Blower Reward Lawyer, Jason S. Coomer.

Tuesday, August 14, 2012

Libor Lawsuits: States, Pensions, and Hedge Funds are Reviewing Potential Libor Lawsuits: Libor scandal riles Calpers chief investment officer


States, Pension Funds, and Hedge Fund Lawyers Are Reviewing Libor Fraud Lawsuits Regarding Rate Manipulation on Interest Rate Derivative Contracts and Other Investments by Texas Libor Lawsuit Lawyer and Texas Libor Interest Rate Manipulation Lawyer Jason S. Coomer

Several states, hedge funds, and pension funds are reviewing potential Libor fraud lawsuits and Libor interest rate manipulation lawsuits.   Financial managers for pension funds, state governments and many other entities should seek legal counsel to determine if they may have suffered significant damages from Libor fraud and Libor manipulation interest rate manipulation. For more information on Libor Fraud Lawsuits and Libor Interest Rate Manipulation Lawsuits, please feel free to contact Texas Libor Fraud Lawsuit Lawyer and Texas Libor Interest Rate Manipulation Lawyer Jason S. Coomer.


Libor Scandal Riles Calpers Chief Investment Officer

"Libor is compiled from estimates by big banks of how much they believe they have to pay to borrow from each other and is used for $550 trillion of interest rate derivatives contracts. It also influences rates on many lending transactions, including mortgages, student loans and credit card transactions."

"Suspected manipulation by global banks of Libor benchmark international rates shows the financial services industry cannot be trusted to act in the best interest of long-term investors like the California Public Employees' Retirement System and any misdeeds uncovered in Libor probes need to prosecuted, said Joe Dear, who oversees the assets of the $233 billion pension fund."


"On Sunday, a spokesman for New York Attorney General Eric Schneider said the state is investigating possible rigging of Libor, and other states, such as Florida, are also looking at possible legal actions. Connecticut's attorney general launched a probe six months ago."

"U.S. and British authorities last month fined Barclays Plc, the bank at the center of the Libor scandal, a record $450 million for manipulating the rate. Barclays employees are not shielded from criminal prosecution. The U.S. Justice Department is also building criminal cases against several financial institutions and their employees, The New York Times reported on Saturday."

Monday, August 13, 2012

Libor Fraud Lawyers Are Seeking Compensation For Pension Funds, Banks, Government Entities, and Other Investors That Suffered Significant Damages from Libor Interest Rate Manipulations and Libor Fraud by Libor Fraud Lawyer and Libor Interest Rate Manipulation Lawyer Jason S. Coomer

Libor Pension Fund Fraud Lawyers Are Reviewing Libor Pension Fund Fraud Lawsuits For Banks, Colleges, Municipalities, Pension Funds, State Governments, and Other Investors That Have Sustained Significant Damages As A Result of Libor Fraud, Libor Manipulation, and Artificially Low Interest Rates by Texas Libor Fraud Lawyer and Texas Libor Interest Rate Manipulation Lawyer Jason S. Coomer

Libor fraud and interest rate manipulation have caused many investors to suffer significant damages from artificially manipulated interest rates.   These banks, colleges, municipalities, pension funds, and other investors that held Libor-linked securities purchased over-the-counter from defendant banks, that held bonds that were tied to Libor, and that lost money from fraudulently manipulated interest rates all have potential claims against the defendant banks and can seek compensation for significant losses caused by the fraudulent manipulation of Libor.

Financial managers for pension funds, state governments and many other entities should seek legal counsel to determine if they may have a valid claim for Libor fraud and manipulation of interest rates. For more information on Libor Fraud Lawsuits and other Libor Interest Rate Manipulation Lawsuits, please feel free to contact Texas Libor Fraud Lawyer and Texas Libor Interest Rate Manipulation Lawyer Jason S. Coomer.

Libor Fraud and Interest Rate Manipulation Resulted In Large Financial Losses For Some Pension Funds, State Governments, Colleges, Municipalities, and Other Investors: These Investors Have a Limited Time To Seek Compensation

There are numerous victims of the Libor fraud and interest rate manipulation including pension funds, state governments, colleges, and municipalities.  These victims have a limited time to seek compensation and should seek counsel to determine if they might have a valid claim for significant loses.

The victims of low-interest locusts | David Cay Johnston

"About 44 million Americans have earned a pension, 1.5 million of them in plans that already have failed, according to the U.S. government’s Pension Benefit Guaranty Corp."

Monday, August 6, 2012

Texas Health Care Fraud Lawyers Can Help Health Care Fraud Whistleblowers Collect Large Financial Rewards for Properly Exposing Medicare Fraud and Medicaid Fraud by Texas Health Care Fraud Whistleblower Lawyer & Texas Health Care Fraud Lawyer Jason S. Coomer

Health Care Professionals That Properly Blow The Whistle On Medicare Fraud, Medicaid Fraud, and Other Types of Health Care Fraud Can Receive Large Financial Rewards by Texas Health Care Fraud Whistleblower Lawyer & Texas Health Care Fraud Lawyer Jason S. Coomer 

Health Care Whistle Blower Reward Lawsuits are the most effective method for identifying and preventing large scale health care fraud against the government.  As such, the United States and several states have enacted health care whistleblower reward laws that harness the power of economic incentives by offering large monetary rewards to whistleblowers that properly report significant fraud.  As a health care whistleblower reward lawyer, Jason Coomer works with health care fraud whistle blowers to confidentially gather information regarding several different types of health fraud schemes including Medicare fraud schemes and Medicaid fraud schemes.

For more information on this area of law, please go to the following web pages:

- Hospital Medicare Fraud and Health Care System Fraud Lawsuits
- Hospice Medicare Fraud Whistleblower Lawsuits
- Texas Home Health Care Fraud and Retirement Community Fraud
- Medicaid Fraud Retention Overpayment Whistleblower Lawsuits
- Texas Nursing Home Medicaid Fraud Lawsuits
- Misbranding Drugs & Medical Device Whistleblower Lawsuits
- Medicare Fraud Physician Whistleblower Lawsuits
- Dentist Medicaid Fraud and Orthodontist Medicaid Fraud Lawsuits
- Retirement Fund Fraud Lawsuits & Investment Fraud Lawsuits
- Federal Health Care Program Kickback, Referral, and Bribery Claims
- Oil Company Accounting Fraud Whistleblower Reward Lawsuits
- Texas False Claims Act Whistleblower Recovery Lawsuits
- Inflated Average Wholesale Price Whistleblower & Drug Price Fraud Lawsuit
- Pharmaceutical Marketing Fraud Qui Tam Whistleblower Lawsuits
- Medicaid and Medicare Fraud Illegal Kickback Lawsuits
- Pharmaceutical Quality Assurance Defects and Dangerous Drug Lawsuits
- Drug & Medical Device Marketing Fraud Medicare Qui Tam Lawsuits
- Hospital Formulary Drug Fraud & Off Label Marketing Fraud Lawsuits
- Texas Medicaid Billing Fraud Whistleblower Lawsuits
- Medicare Compliance, Coding, and Reimbursement Whistleblower Lawsuits
- Medicare Billing Fraud Lawsuits and Medicare Fraud Qui Tam Claims
- Drug Representative Whistleblower Medicare Fraud Lawsuits
- Dentist Medicaid Fraud Whistleblower Lawsuits
- Hospital Administrator Whistleblower Medicare Fraud Lawsuits
- Off-label Pharmaceutical Marketing Fraud Whistleblower Claims
- Federal False Claims Act Lawsuits Whistleblower Protection
- Nursing Home, Elder Care, & Skilled Nursing Facilities Medicare Fraud
- Hospital Medicare Fraud Whistleblower Lawsuits
- Medicare Upcoding Fraud Qui Tam Claims
- Health Care Billing Fraud Lawsuits
- Medicare Recipient Whistleblower Lawsuits
- Dentist CHIP Fraud Lawsuits and Dental Medicaid Billing Fraud Lawsuits
- Estate & Probate Financial & Medicare Fraud Whistleblower Lawsuits
- Medicaid Drug Marketing Fraud Whistleblower Lawsuits
- Pharmacy Drug Price Medicaid Fraud Whistleblower Lawsuits

The 2012 Federal Estate Tax Exemption Portability Provision Allows Some Couples to Protect Up To $10.24 Million From The Federal Estate Tax by Texas Family Wealth Planning Lawyer and Texas Family Wealth Protection Lawyer Jason S. Coomer

The 2012 Federal Estate Tax Exemption Allows Most Individuals to Pass $5.12 Million and Some Couples to Pass $10.24 Million to Loved Ones Without Having to Pay a Federal Estate Tax by Texas Wealth Planning Lawyer and Texas Family Wealth Protection Lawyer Jason S. Coomer
The Federal Estate Tax currently allows a person that has not used their life time gift tax exemption to give away money assets up to the Federal Estate Tax Exemption at death without charging any tax on that amount.  The Federal Estate Tax Exemption for 2012 is $5.12 million which means that in 2012 only estates valued over $5.12 million will be charged a Federal inheritance tax and those estates over $5.12 million will only pay a 35% Federal inheritance tax on assets over the $5.12 million exemption.

For example a person that has an estate valued at $7.12 million and has not used any of their life time gift tax would be subject to the Federal Estate Tax on $2 million and would have to pay approximately $700,000.00 in estate taxes.

The 2012 Federal Estate Tax Exemption Portability Provision Allows Some Couples to Protect Up To $10.24 Million From The Federal Estate Tax

However, it should be kept in mind that for 2012 the Federal Estate Tax Exemption has become portable.  As such, each spouse has $5.12 million that can in many case be added together to create a $10.24 million Federal Estate Tax Exemption.  In other words, the estate of a deceased spouse can transfer to the surviving spouse any portion of the federal estate tax exemption that it does not use. The surviving spouse’s estate can then add that amount to the exemption it is entitled to, increasing the total amount that can be passed on to heirs tax free.

For example a married couple that has an estate valued at $10.24 million, has not used any of their life time gift tax, and properly uses the portability of the Federal Estate Tax Exemption would not have to pay any Federal estate tax.  Likewise, the same married couple with an estate of $12.24 would be subject to the Federal Estate Tax on $2 million and would have to pay approximately $700,000.00 in estate taxes.

Families interested in protecting their wealth should stay advised as to changes in the law that could impact their ability to protect their family's wealth.  One such change may be the change in the Federal Estate Tax Exemption that may automatically take place at the end of 2012, unless new legislation is passed.

Sunday, August 5, 2012

Austin Texas Drunk Driver Fatal Accidents Leave Behind Loved Ones With Potential Legal Claims by Austin Texas Drunk Driver Accident Death Lawyer and Austin Texas Fatal Drunk Driver Accident Lawyer Jason S. Coomer

Every Year Thousands of Texans Are Killed by the Negligence of Drunk Drivers: These People Leave Behind Mothers, Fathers, Wives, Children, and other Family Members that Have Potential Legal Claims Under Texas Law For Their Loss by Austin Texas Drunk Driver Accident Death Lawyer and Austin Texas Fatal Drunk Driver Accident Lawyer Jason S. Coomer

Every year thousands of Texans are killed by the negligence of drunk drivers, intoxicated drivers, and drivers under the influence of drugs or alcohol. Many of the people that are killed by drunk and intoxicated drivers, leave behind spouses, parents, children, and other loved ones that are devastated by their loss.  These mothers, fathers, wives, husbands, sons, and daughters have the ability under Texas law to file wrongful death lawsuits against the intoxicated and negligent driver, the  people or businesses that over served the drunk with alcohol, and the business or people that gave the vehicle to the drunk driver to drive.
 
It is common that many people who have lost a loved one to a drunk driver, do not realize that they may have a viable wrongful death or survival lawsuit against the person that negligently or recklessly killed their loved one as well as other parties that contributed to the drunk driver driving and causing the collision.  Under Texas law, Parents, Children, and Spouses of persons killed by drunk drivers have potential wrongful death claims against the drunk driver that killed their mother, father, husband, wife, son, or daughter.  Through these wrongful death lawsuits and survival actions the relatives of a person killed by a drunk driver can often recover from the drunk driver's insurance company, the drunk driver, parents that provided alcohol to minors that were driving, or the bar where the drunk was drinking.

For more information on this topic, please go to the following web page: Austin Texas Drunk Driver Accident Death Lawyer.