News & Events

March 25, 2020

The SECURE Act: What Advisors to High Net Worth Individuals Need to Know

Paul Marcotte moderated a panel featuring Paula Calimafde for the Society of Trust and Estate Practitioners (STEP) on Wednesday, March 25, 2020.

  
Paula Calimafde, Principal and Paul Marcotte, Principal

The program focused on the SECURE Act - what it is and what the implications are. 

Among other things, the presentation discussed:

  • Rules governing periods over which a qualified plan or IRA can be distributed as modified by the Act.
  • Limited exceptions for when Stretch IRAs are still available.
  • Ways to minimize impact of loss of Stretch IRA.
  • Continuing use of trusts as beneficiaries and impact on conduit trusts.
  • Use of charitable trust as a beneficiary.
  • Cross-border aspects for NRAs

Paula Calimafde chairs the firm’s Retirement Plans, Employee Benefits and Government Relations practice groups and is also a senior member of the Estate Planning, Tax and Nonprofit groups. 

Paul Marcotte chairs the firm's Tax practice group and is a member of its Estate Planning, Estate & Trust Administration and Nonprofit groups.

News

March 21, 2023

Michelle Chapin’s Article on the Use of Arbitration Causes in Trusts is Published by the MSBA’s Estate & Trust Law Section

Michelle Chapin, a Principal in Paley Rothman’s Estate Planning department, authored an article titled "(Un)Enforceability of Arbitration Clauses in Maryland Trusts" in the MSBA's Estate & Trust Law Section Newsletter Volume 29 Issue 1.

Read More

Blog

Sec. Deb Haaland – First Native American in the Cabinet

Sec. Deb Haaland is the first Native American to serve in the President’s cabinet and has been instrumental in bringing attention and action to the horrific incident rate of...

Read More

Resource Center

Paley Rothman shares this library of resources with clients and friends of the firm to help them stay ahead of legal and business developments and trends. Here, you will find helpful tips and tools written by our attorneys and relevant to our areas of practice.

Read More