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5 Quick Tips On Maxing Out Loan Forgiveness
by: attorney Phillip B. Rarick
You can always count on the Americans to do the right thing – after they’ve tried everything else. – Winston Churchill.
Millions of small business owners and self-employed have filed for loans under the Paycheck Protection Program because part or all of the loan can be forgiven if you retain your employees and maintain their salary levels.
Stimulus Checks Update: How Much? When?
How Much?
Here is an updated calculator from Turbotax: Stimulus Check Calculator
When Will Checks Arrive?
Unable to Fulfill Your Contractual Obligations Due to Covid-19?
By: Jacqueline R. Bowden Gold, Esq. and Phil Rarick, Esq.
The Coronavirus has left the US economy in a stand still. It has forced businesses to shut down and events to be cancelled or postponed across the nation – creating significant anxiety for small business owners. During these times, many businesses are unable to or fear they will become unable to fulfill their contractual obligations.
Here is a term you’ve probably heard before but never paid much attention to: Force Majeure. If you are unable to fulfill your contractual obligations or are worried that the obligor (the person who has a duty to perform) under an existing contract will not perform, Force Majeure is an important provision to look for in your contract.
14 Point Estate and Asset Protection Plan Checklist for An Unprecedented Year: 2020
By Phil Rarick & Jacqueline Bowden Gold, Estate & Business Law Attorneys
______#1. Coronavirus Check Calculator. Here is a simple, handy calculator describing who qualifies for the federal pandemic legislation checks and determines the amount of the check. Click here: Coronavirus Checks Calculator
When Will Checks Arrive? Secretary Mnuchin said that direct deposits will start going out April 17 followed by checks in the mail. It is not clear how long it will take the Treasury Department to get these checks out by mail – some experts caution it could take weeks or months.
Apply Now! Paycheck Protection Program Is A Life Saver For Small Business
By Phil Rarick, Jacqueline Bowden Gold, and Jay Beskin, Miami Lakes and Weston Business Law Attorneys
Note: The following is a preliminary review of key parts of the CARES Act; this commentary is subject to change upon guidance from the SBA and U.S. government
On March 27th, Congress passed and the President signed into law a $349 billion “Paycheck Protection Program” as part of the massive Coronavirus relief package. This program will likely be a life safer for many small businesses. It is available through June 30, 2020, however Congressional leadership has already discussed extending it for additional months.
Coronavirus Checks Calculator & Relief Package For Small Business
By Phil Rarick & Jacqueline Bowden Gold, Miami Lakes and Weston Business Law Attorneys
First, I want to share with you this simple, handy calculator that appeared in the Washington Post describing who qualifies for the federal Pandemic legislation checks and determines the amount of the check.
Click here: Coronavirus Checks Calculator
READ THIS BEFORE DRAFTING YOUR OWN WILL
By: Jacqueline R. Bowden Gold, Miami Lakes and Weston Estate Planning Attorney
Don’t make the mistake of drafting your own Will and estate plan to save money. With general forms available and online companies that claim to walk you through the “easy” drafting process, it is common to fall prey to their low-priced services. As a Florida Probate and Medicaid Planning attorney, I see the harmful after- effects of “do it yourself” wills: high legal fees to clean up ambiguities and sometimes open warfare among the family because of lack of clarity regarding the decedent’s true wishes.
For other common mistakes not discussed in this article read: 5 Common Mistakes with Do It Yourself Florida Wills.
Alert: Florida’s Remote Online Notarization Begins January 1, 2020
By: Phil Rarick, Weston Estate Planning Attorney
Editor’s Note: The following is a public service Alert from Rarick & Bowden Gold, P.A. This firm does not offer or recommend Remote Online Notarization Service providers.
Beginning January 1, 2020 Florida joins 20 other states allowing Remote Online Notarization or “RON” for deeds, mortgages and other instruments. Beginning July 1, 2020 RON will be available for “electronic wills” and other testamentary documents. See Florida Ch. 2019-71. This Alert will discuss the RON process for non-testamentary documents that will be of interest to real estate attorneys. A subsequent Alert designed for estate planning attorneys will discuss the new law’s requirements for Florida electronic wills and other estate planning documents that commence July 1.
Florida Treasure Hunt: Check It Now! Florida Unclaimed Property Law
By Phillip B. Rarick, Esq., Miami Asset Protection Attorney
If you have never checked Florida’s website for lost accounts and abandoned property you should do so – immediately. You may be pleasantly surprised!
You may think that it is not possible that you have any “unclaimed” property held by the State of Florida – and you could be wrong.