WRNicholsLaw.com
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Locality: Roswell, Georgia
Phone: +1 404-602-0040
Address: 1875 Old Alabama Road, Ste 645 30076 Roswell, GA, US
Website: wrnicholslaw.com
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Here’s the text of what passed the senate last night. https://www.politico.com/f/
The Death Knell for Stretch IRAs Has Tolled: On May 23, 2019, the U.S. House of Representatives passed H.R. 1994, also known as the SECURE Act. The Senate is expected to pass a similar bill known as the Retirement Enhancement Savings Act, aka RESA. Key provisions of the SECURE Act include:... -Increasing the beginning date for required minimum distributions (RMDs) from 70 to 72; -Repealing the maximum age for contributions to traditional IRAs; -Adding exceptions for penalty-free withdrawals by an account owner; and -Requiring certain beneficiaries to withdraw inherited account balances within 10 years of the account owner’s death. The requirements of this last bullet point has estate planning attorneys concerned. Currently, life expectancy rules effective when an account owner dies allow non-spouse beneficiaries to stretch required minimum distributions (RMDs) over their individual life expectancies. So, many estate planners include conduit provisions in their clients’ trusts to ensure the trust will qualify as a designated beneficiary of a retirement account, even though the RMDs are still passed through to the trust’s primary beneficiary using their life expectancy and taxed as income to that beneficiary. The new law will make conduit trusts ineffective after 10 years.
https://www.newscientist.com//2191814-we-may-finally-know/
"Open the Pod Doors, HAL!..." Part IV--High Tech, Disabilities, & Monitoring Bluetooth is the best thing that's happened to remote controls since the advent of infra-red technology made them easier than radio. For those with disabilities, connectivity to smart devices is making vast improvements in not only functionality, but in performance of daily routines. Two examples are: hearing aids and assistance for the cognitively impaired. Companies are making available hearing aid...Continue reading
NBI's new CLE on Elder Law: New MEDICAID Rules, Requirements and Changes - Are You Ready?, airs 11/28/2017. Check here to learn more: http://bit.ly/2hZavmh. PS: the 1 hour Ethics discussion alone is worth the price of admission. Why? Because I discuss things most lawyers haven't thought of (at least in a long time) and also how to price your services and niche market your firm's practice. Join Tom Murphy (30+ yrs experience MA&AZ), Whitney Wilson (10+ yrs Preeminent Elder Law practice in KY) and I discuss Appeals and other aspects of this very technical (and booming) field of law.
So, this opinion (Schultz v Schultz CV2016-0316FC) shows how child support works in Arizona: Mother asked that the $18,000 Father paid her directly for child support directly not be credited to Father's child support obligation because Father failed to pay such sums through the Child Support Clearinghouse system as required by statute. The trial court (Maricopa County Superior) found Mother's position to be hypertechnical and unreasonable and agreed with Father and zapped Mother for attorney fees and costs. Mother appealed. The Court of Appeals upheld the ruling and scorched Mother for additional attorney fees and costs incurred on appeal. Don't be greedy!
If you've experienced a shutdown or failure to start or random warning indicator lights on your 2017 Indian Motorcycle, contact us with your name, city, state, zip, email, and cell phone. You may be entitled to a remedy from Polaris.
Hey Guys! The new NBI webinar on Medicaid Planning: Changes You Need to Know! will broadcast on Feb 1, 2017. For more information, click here:
Brian's a great guy and we had a lot of fun shooting this last spring. We've now aired on all the major networks in the USA.
Here's a twist on the old hemp plant--bottle/can it!
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