In December 2019, Congress passed the Setting Every Community Up for Retirement Enhancement Act of 2019 abbreviated to the SECURE Act. The SECURE Act has many sections and covers many topics. For our purposes, we focus on just a few. Required Minimum Distribution Age: The SECURE Act has raised the age at which a person must begin taking distributions from his or her retirement plan (“RMD”) from 70 ½ to 72. This will allow the funds to grow tax deferred for longer… Continue reading →
This month the Small Business Reorganization Act (SBRA) goes into effect, impacting approximately 40% of small business who reorganize in bankruptcy and their creditors. We have a quick overview of the Act and its terms. Who is impacted? Businesses or individuals with under $2,725,625 in debts, provided at least half of such debt is business debt, and their creditors. What is the purpose of the SBRA? The SBRA makes reorganization under the Bankruptcy Code quicker and easier for small businesses. It is hoped that the SBRA will help more small businesses survive economic downturns and other challenges… Continue reading →
Join the Hunt Valley Business Forum at PK Law for a Member and Guest Evening Networking Event to develop new connections and foster existing relationships. Continue reading →
PK Law Learning Center:
March 19, 2020, 12:00pm – Unique legal issues confront families whose loved one is in the grips of Parkinson’s and other neurological disorders. Join PK Law Estate Planning Attorney Elizabeth Green to learn how to stay ahead of those issues with the appropriate planning and implementation of legal documents, including wills, trusts, health care directives and powers of attorney. Elizabeth will also address how families can be proactive so that their life savings will not be exhausted on the costs of long term care.
March 25, 2020, 10:00am, BEL AIR OFFICE – Join PK Law Estate Planning Attorney Ashley Nelson-Raut to learn the basics of wills, trusts and probate and the legal documents you need including powers of attorney and health care directives to protect you and your family.
April 22, 2020, 10:00am, BEL AIR OFFICE – Join PK Law Estate Planning Attorney Ashley Nelson-Raut to learn the basics of wills, trusts and probate and the legal documents you need including powers of attorney and health care directives to protect you and your family.
April 23, 2020, 10:00am – Join PK Law Attorney Cheryl Jones with special guest Carol Schaubhut from Steri-Clean and Hoarders.com, to learn about:
- What is hoarding
- Indicators that a problem exists
- How the clean-up process works
- The importance of professional, compassionate, discreet and non-judgmental help
- Getting the necessary support in place after clean-up
- Real life success stories