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Alabama enacts Elder Abuse Prevention Act

Although estimates vary, it is generally believed that 4-6% of the elderly are subject to abuse. According to the National Incidence Study on Elder Abuse, approximately 450,000 elderly experience abuse each year in nationwide. The scale of the problem is massive and it comes as a relief that Alabama Governor Robert Bentley recently signed into law the Elder Abuse Prevention Act. The bill is designed to prevent and prosecute those that engage in elder abuse. Senator Tammy Irons of Florence, Alabama spent the better part of three years fighting to make the Act a reality. Senator Irons said, "I am grateful that Governor Bentley realized the importance of protecting our senior citizens and signed my bill into law this session. This is the first step in protecting our senior citizens from abuse in all of its disgusting forms--physical, emotional and financial."

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What To Do If You Have a Slip and Fall in Alabama

Slip and Fall AccidentA slip and fall or trip and fall accident comes within an area of the law known as premises liability. Under Alabama law, a premises owner has a duty to keep their premises in a reasonably safe condition for a business invitee. The plaintiff or injured party has the burden of proof in slip and fall case to establish that the premises owner/operator knew or should have known of the dangerous condition on their property that caused the person to fall. This often is a tough burden to meet. However, this can be established in a variety of ways: 1. Does the premises owner have a policy and procedure whereby they monitor their premises; 2. If the fall was caused by a substance, was there such a large amount that they should have noticed it?; 3. If the fall was caused by a defect in the premises the premises owner is presumed to have notice and knowledge of the condition; and 4. If the defect was created by the premises owner they are presumed to have notice - i.e. leaving an object sticking out in the aisle. As Huntsville Alabama slip and fall accident lawyers, here are a few tips on what you should and shouldn't do following a fall:

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How to decide if you should get your own attorney or work with your spouse for estate-planning purposes

According to a recent post on Forbes.com, the importance of estate planning for married couples cannot be stressed enough. The seriousness of such forward thinking is even more critical in blended families which tend to present more opportunities for volatility following the death of a parent. The first issue for all couples to resolve is whether to be represented jointly by the same estate planner or for you each to go it alone. While joint representation can be more cost-effective, it can mean that both parities don't have the freedom to speak up about their individual concerns. Unless there is healthy communication between the spouses joint representation can be a recipe for disaster.

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Alabama Residents Prepare for Possible Estate-Planning Changes: Part II

As a follow up to our last post, we now continue discussing the possible estate-planning changes contained in the President's recent budget proposal. • The low-risk grantor retained annuity trust or GRAT This estate-planning tool permits someone to put assets into an irrevocable trust and retain the right to receive distributions for the life of the trust. The annuity is equal to the value of what's been contributed plus interest.

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Alabama Residents Prepare for Possible Estate-Planning Changes: Part I

If President Obama is successful in passing his proposed budget, beginning next year it will become much harder for Alabama estate planning attorneys to help individuals pass along money to their children and grandchildren without the government tacking a heftier fee. According to a recent article on Forbes.com, the President's recently proposed budget for 2013 would permanently restore the estate tax rates to those that were in effect in 2009 and limit several popular methods for shifting assets to future generations. Click here for a copy of Obama's budge proposal.

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Billionaire Skates on IRS Penalties

Forbes reports that Leon G. Cooper, the prominent New York billionaire hedge fund manager, has managed to get out of paying the IRS $5 million in penalties. The IRS filed a complaint against Cooper when his personal private foundation was given a $43 million gift by one of his hedge funds. Cooper provided the start-up money for the fund, but did not personally manage the fund. His family wrote the gift off as a deduction in both 2005 and 2006. This kind of deduction, however, is not allowed by federal law.

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