General Law Alerts

Regina Snow Mandl

The Impact of the SECURE Act on Estate Planning and Administration

Just before the end of 2019, the "SECURE Act," a bill that includes many changes to the federal tax code that apply to qualified retirement plans, such as a 401(k) or IRA, ("retirement assets") was signed into law.  The provisions of the SECURE Act, which became effective on January 1, 2020, are lengthy and complex. This Law Alert addresses one particular aspect of the SECURE Act: the impact on ...

Using Required Minimum Distributions to Make Charitable Contributions - Some Things That You Need to Know

If you are 70½ years of age or older, have a standard IRA and are interested in making qualified charitable distributions, the following will be of interest to you.  By making donations directly from your IRA to charity, you will avoid having to pay income taxes on the required minimum distribution while at the same time meeting your charitable gifting objectives.  With the Tax Cut and Jobs Act ...