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June 2017 Archives

Learn your options when someone questions an inheritance

When a loved one dies and you know that you are supposed to get an inheritance from that person, you are likely waiting on it. The point isn't the money or the stuff. Instead, it is knowing that your loved one cared enough about you to leave you something. Unfortunately, some people opt to battle over inheritances, even when the person who is receiving the inheritance is clearly supposed to get it.

FMCSA Withdraws Proposal to Increase Minimum Insurance Level for Truck Drivers

The current liability insurance minimum for commercial motor carriers is $750,000. This amount was set by Congress in 1980. The Federal Motor Carrier Safety Administration (FMCSA) has the authority to establish a minimum at or above the level set by Congress. In November, 2014, the FMCSA published an Advanced Notice of Proposed Rulemaking (ANPR) that sought input from carriers, insurers, brokers, and other interested parties about the effects of raising the minimum liability insurance level. On June 2, 2017, the FMCSA announced the withdrawal of the ANPR because of insufficient feedback.

Truck Driver Training Rules Become Law

In 2012, Congress mandated the establishment of national training standard changes for the operators of commercial motor vehicles as part of a highway bill. The Federal Motor Carrier Safety Administration (FMCSA) published a new rule on December 8, 2016. After a 5-month delay for regulatory reviews, the rule setting new national training standards has become law as of June 5, 2017. There is a 3-year compliance window. Carriers, trainers, and others will have until February, 2020 to comply with the new law. The rule applies only to Commercial Drivers' License (CDL) applicants who receive CDLs on or after February 7, 2020.

You don't want to die intestate, make your estate plan today

You have worked hard for the things that you have. You probably want to decide where your things are going to go when you die. You don't want your family members to fight over them and you don't want someone who doesn't know you to decide where things will go.

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