Products Liability Wills, Trusts, & Estate Planning

Read Products Liability updates, alerts, news, and legal analysis from leading lawyers and law firms:
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Using a Special Needs Trust in the Settlement of a Product Liability Lawsuit

Product liability cases frequently involve severe and even catastrophic injuries. As a result, product liability defense counsel and insurance adjusters must be familiar with the prospects for use of a special needs trust as...more

The financial advisor who sells a trustee an insurance contract that is inappropriate in light of the trust's purposes risks...

It is an understatement that the Minnesota Court of Appeals in In re: Amendment and Restatement of Revocable Living Trust of Alfred J. Berget dated February 15, 2005 [A13-2295, Dec. 8, 2014] afforded the trustee who had...more

Asbestos Alert: Asbestos Bankruptcy Trusts and Legislation

When asbestos litigation became extremely costly to defend, to settle and to pay judgments, companies began filing for protection under the Bankruptcy laws. In the three decades since Johns Manville and UNR Industries filed...more

Texas Considers Asbestos Transparency Legislation

Texas is the latest state to consider legislation aimed at increasing transparency between the civil tort and asbestos bankruptcy trust systems. Four states, most recently West Virginia, have enacted such legislation. Texas...more

West Virginia Becomes Latest State to Adopt Asbestos Transparency Legislation

On March 15, 2015, West Virginia became the fourth state to enact legislation aimed at increasing transparency between the civil tort and asbestos bankruptcy trust systems. Senate Bill 411, also known as the Asbestos...more

Following in Ohio’s Footsteps: The Expansion of Asbestos Transparency Legislation

Asbestos personal injury trusts proliferated after many of the early primary asbestos product manufacturers reorganized under bankruptcy law. It is estimated that nearly 100 companies have declared bankruptcy in the face of...more

Are Cell Phones to Blame for Risky Driving on Fort Myers Roadways?

By now, we all know that cell phones are linked to Fort Myers distracted driving accidents. But could they also be related to other risky driving behaviors? ...more

Asset Protection FOR CPAs

One pressing area in which clients are increasingly seeking feedback from their accounting and financial advisory team is Asset Protection. Part of that stewardship is making sure that the growth and savings you are...more

Never Underestimate the Power of Addiction

THE POWER OF ADDICTION Never, ever, I mean do not underestimate the power of addiction. Whether it is your addiction, a family member’s addiction or a friend’s addiction, it is all the same. Some are more self...more

Death Worth Less Than Injury?

This article talks about how damages are calculated in a wrongful death suit in British Columbia. Many people are surprised to learn that grief is not compensable....more

Mistakes I've Made Setting Up a Solo Practice

The ABA's Solosez listserv is chock full of conversation, but reading from it can be like drinking from a firehose. Here, business development advisor Larry Bodine captured a discussion entitled, "Mistakes I've Made Setting...more

CHECKS AND BALANCES OF THE ASSET PROTECTION TRUST

A great, simple summary of the checks and balances present to protect clients using Asset Protection Trusts by my colleague Douglass Lodmell....more

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