Estate Planning News

GM announces recall for 9,402 vehicles

NHTSA CAMPAIGN ID Number : 05V054000  Recall Date : FEB 14, 2005

General Motors, manufacturers of Chevrolet and Pontiac cars, has announced a recall on the 2005 model year Chevrolet Classic and Pontiac Grand Am.

These passenger vehicles, which are equipped with rear suspension knuckle bolts that are not to specification, could fracture under high loads that can occur in some driving conditions.

If the bolts fracture, the rear suspension linkage could detach from the knuckle and the rear wheel would be able to turn inboard or outboard. A sudden change in handling could occur, especially at high speeds. This would cause the driver to lose control and crash without warning.

GM dealers will replace both rear suspension knuckle bolts. The recall begins February 16, 2005.

Owners can contact Chevrolet at 1-800-630-2438 OR Pontiac at 1-800-620-7668.

Contact our Plano estate planning attorney now.

	Did You Know?
	A "Family Limited Partnership" can be used to own and manage your property In a similar manner to a Trust, but allowing additional tax planning techniques to be employed. Family Limited Partnerships are typically used for those who have large estates and thus have a need for specialized estate planning in order to minimize federal and state estate/death/inheritance taxes as well as provide elements of asset protection.