You may have seen the video of an IKEA dresser falling on a 2-year-old boy earlier this year.  Over 1.5 million have looked and have learned just what can happen if a dresser is not properly attached to a wall.   If you haven’t seen it, and you are a parent with small children, you just might want to watch it, as shocking as it is.  Click the link below.

http://www.latimes.com/nation/nationnow/la-na-twins-dresser-rescue-20170103-story.html

tr-falling-dresser-Jan-17-300x197Photo Courtesy: AP

Some people call them ice missiles.   You’re driving down I-65 amidst the normal busy caravan of semi-trailer trucks.  Suddenly, an avalanche of ice and snow slides off the roof of the vehicle and onto your windshield, blinding you.  Even for a few seconds, it’s enough to cause a crash.

Many feel there should be a law.  Truth is, there are no specific laws in Illinois that require operators of trucks and to keep the snow and ice clear from atop and around the vehicle – whether it be a truck or a car.   In Indiana, there are also no specific laws, but Indiana Turnpike officials can order you off the road if there are ice/snow accumulations.

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That seems to be changing around the country, however.  More and more states, like New Jersey, now require snow to be cleared before vehicles can be driven.  The penalty for commercial vehicles is as much as $1,500 and between $25 and $75 for others.

TL thanksgiving 2016 blog

There really is a lot to be thankful for, even in this year of change and turmoil.   Rhett, Tara and Jared are most gracious to be working together as a family and for the gifts of our own children, relatives and friends, food and shelter.

We count you as one of those friends and we so appreciate you being there for us.  If we helped you through one of life’s challenges this past year, it is our hope that renewed peace and happiness will be yours during the holidays and for years to come.  Continue reading

A Message from Tara Tauber

For those of us who have experienced the joy of adoption, such as my husband and me, each day is a celebration.   For the rest of you, I want to make you aware of the critical need for good people to adopt. There are millions of children in need, both nationally and around the world.

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The entire month of November has been designated as National Adoption Month. For over two decades, National Adoption Month has been celebrated across the country. Many national,  state and  local agencies; and foster, kinship care, and adoptive family groups will arrange programs, events, and activities during the month of November to raise awareness for children and youth in foster care who are waiting for permanent families.

 

    beware halloween

 

It’s the time of year for costumes, sweets, and tricks and treats. While Halloween offers plenty of make-believe fun, it also brings real safety risks, as children dart across dark streets with their minds more on candy than on cars. Kids are twice as likely to be hit by a car on Halloween than on other nights of the year.  Burns and cuts are also common on Halloween. And then there’s the candy: Almost two-thirds of parents think their kids eat too much of it around Halloween. The top five Halloween candies all contain chocolate.   

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This past month  of September featured Child Passenger Safety Week.  It was to be a gentle reminder to make sure the kids are buckled up and safe in the car to avoid any injuries or accidents.   And to celebrate the progress that has supposedly been made in this area.

toddler boy sitting in car seat

Unfortunately, the week started out with some discouraging news.

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During September, The American Academy of Pediatrics strengthened its warnings about prescribing codeine for children because of reports of deaths and risks for dangerous side effects including breathing problems.

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The academy’s advice was published in its medical journal, Pediatrics.   This report echoes past warnings from the Food and Drug Administration  about using codeine for kids’ coughs or pain.

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There’s a way to swap one asset for another without paying taxes.  Before you get too excited, this is a pretty specialized transaction with a lot of limitations and considerations.

It’s called a 1031 exchange and it can only be used to do a like-kind exchange for one business or investment asset for another.   If done the right way, there is no tax.   We at Tauber Law Offices are doing these transactions more and more for our clients.  It’s one rather creative way to grow an investment tax-deferred.

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Consider the fact that capital gains tax on your profits could be as high as 15% to 30% when state and federal taxes are combined.  This is why the 1031 exchange is a great alternative for some investors. Those deferred taxes could leave you money left over to use for the future.

There are literally millions upon millions of children around the world who have lost one or more parents,  are hungry and starved for love.  They are orphans.

The facts about orphans around the world are sadly staggering.

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Here are some of them:

  • It is estimated that 140 million children worldwide are orphans. By UNICEF’s definition, this is a child who has lost one or more parents.
  • Worldwide, there are 168 million who are child laborers, accounting for almost 11 percent of children.
  • There are 62.8 million children worldwide who suffer from acute malnutrition
  • Nearly half of all deaths in children under 5 are attributable to undernutrition. This translates into the unnecessary loss of about 3 million young lives a year 66 million primary school-age children attend classes hungry across the developing world, with 23 million in Africa alone in 2015, there were about 16,000 deaths every day of children under the age of five.
  • 7 million babies die every year in their first month of life and a similar number are stillborn.
  • 9 million children under the age of 5 died in 2015, equivalent to 11 children every minute
  • Children represent almost half of all people living in extreme poverty although they make up roughly a third of the world’s population
  • There were 19.5 million refugees in 2015; half of them were children

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Now, a product designed to keep you safe in your car or truck, is proving to be potentially dangerous for millions.

If you haven’t heard this on the national and local news, read about it now.

This is all about the largest airbag recall in U.S. history; one that has already caused dozens of injuries and 13 deaths (including 10 in the United States).  Up to 80 million cars and trucks are in need of being recalled because their airbags could explode.

TR takata airbag

If you have an airbag in your car that could be deadly, you’d want to know about it. But according to an investigative report this month from WTHR in Indianapolis, millions of people now driving with a defective airbag won’t be warned about the problem for years.  This despite strict government recommendations to those consumers affected that they need to get their airbags replaced as soon as possible. Virtually every major automaker has models with these defective airbags.

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