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SUMMARY:The Advisors’ Forum: Understanding the New 2022 SECURE Act Regulations and New Maryland Supported Decision Making Law - What Advisors Need to Know
DESCRIPTION:In this webinar\, Stephen R. Elville\, Principal and CEO of Elville and Associates\, P.C.\, will lead a discussion about key updates to the SECURE Act and an overview of the new SECURE Act Regulations issued by the IRS just a few weeks ago (spring of 2022)\, along with a step by step breakdown of Maryland’s new Supported Decision Making law\, passed by the Maryland General Assembly in April 2022 and effective October 1\, 2022\, both of which will affect financial advisors\, CPAs\, lawyers\, insurance professionals\, bank managers\, and other advisors\, along with organizations\, advocates\, and many others.  Questions and participation are encouraged\, and Mr. Elville will take questions from attendees as well as provide support materials.  Topics for discussion will include:- What is the SECURE Act and how do the new regulations affect clients and advisors? \n– How the new SECURE Act regulations affect minor children; surviving spouses\, and disabled or chronically ill people; \n– How the new SECURE Act regulations affect trust planning for both healthy and disabled individuals; \n– An introduction to Supported Decision Making; \n– What is the new Maryland Supported Decision Making law – an overview? \n– How does the new Maryland Supported Decision Making law affect advisors and others? \n– How can advisor comply with the new SDM law – how to recognize a supported decision making agreement; how to understand the parameters of SDM; what are the limits and purposes of an SDM agreement; what is the role of a supporter?; how do SDM agreements and financial powers of attorney differ?  How does SDM relate to guardianship? \nTo register and receive your personal link to attend\, please click here.  Should you have any questions beforehand\, please contact Community Relations Director Jeff Stauffer at jeff@elvilleassociates.com\, or 443-393-7696 x117.   \nFor CFPs\, CPAs and other professionals\, 1.5 continuing education hours are available for those who attend this webinar.  We look forward to hosting you! \n#elvilleeducation
URL:https://elvilleassociates.com/blogs/6168/event/the-advisors-forum-understanding-the-new-2022-secure-act-regulations-and-new-maryland-supported-decision-making-law-what-advisors-need-to-know-2/
CATEGORIES:Webinar
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