June 15, 2020 is World Elder Abuse Awareness Day. You have the opportunity to learn from federal government leaders how they are seeking global solutions for elder abuse. The 90 minute free seminar starts at 10:00 AM on June 15.
Hope to “see” you there.
We’ve been getting a lot of questions about the Paycheck Protection Program (PPP) and how our clients can maximize the amount that is forgiven. While this is a bit of a moving target, our friends at Geffen Mesher have put together a helpful video on working through the Small Business Association’s (SBA) Paycheck Protection Forgiveness Application that we wanted to commend to your attention.
Valerie Sasaki, of Samuels Yoelin Kantor, LLP facilitated a “Cocktails and Conversation” discussion with the Portland Chapter of Women in Insurance and Financial Services, which explored the recent Coronavirus Aid, Relief, and Economic Security (“CARES”) Act. The CARES Act is Congress’ comprehensive legislation to provide relief to individuals, families, and businesses that are adversely affected by the Coronavirus pandemic. Despite frequent news coverage and criticism, the scope and effect of the CARES Act can seem impenetrable because it contains so many separate moving parts. In this discussion, Ms. Sasaki walked through the different components of the CARES Act and explained how each works to combat the economic hardship brought about by the Coronavirus epidemic.
The CARES Act is a $2 trillion economic relief package that creates new aid programs and expands existing programs. State and local governments will receive $339.8 billion, the majority of which goes to specific COVID-19 response efforts. The rest of the state and local government relief is divided between education, community development, and family assistance programs.
Time marches on and the time to comment on several of the Oregon Department of Revenue’s Corporate Activity Tax (“CAT”) rules ends today, May 26 at 5pm. While the Oregon State Bar Taxation Section did not officially comment on the rules, three attorneys, including Samuels Yoelin Kantor, LLP’s Valerie Sasaki, did submit comments on the math problem that is Proposed OAR 150-317-1200. Essentially, the CAT is only imposed on a taxpayer’s Oregon receipts. The question of how to calculate that though, has led to what we believe are some unintended flawed results for taxpayers that have costs and labor concentrated relative to certain income streams.
While the section did not officially comment, several folks whose names don’t appear on the final comments contributed to discussing the comments and accompanying examples, which you can find below as downloads. We are proud to practice as a part of a community that values good tax policy, even in difficult times.
Susan Russel shares, through the American Academy of Estate Planning Attorneys, how powerful both positive or negative language can be. These tips are helpful to keep in mind, whether you are managing a difficult legal situation with your counsel or even if you are managing a quarantine.
With the growing divide between judicial budgets and the demand for court services, Oregon continues to look to part-time judges to help bridge the gap. These part-time judges are known as Pro Tem Judges.
As a private attorney serving as a Pro Tem Judge in the Washington County Probate Court, my public service has been a privilege and honor. And having one foot in both private practice and one inside the Court has provided me with a unique experience. The following 5 tips are specific to my familiarity of the Washington County Probate Court, but most of these tips are good best practices to apply to any probate matter in an Oregon court.
With new times come new terms. Six months ago we had never heard of Coronavirus or social distancing. Now, we hear those terms so often we look forward to the day we never hear them again. Another term we’re starting hear in the wake of the Coronavirus outbreak is forbearance. Prior to COVID-19, most of us probably didn’t know what forbearance meant. Unfortunately, the financial impact of COVID-19 will likely cause many businesses and individuals to seek forbearance agreements with their creditors.
Forbearance means the action of refraining from exercising a legal right, especially enforcing the payment of a debt. A forbearance agreement is an agreement between a lender and a borrower (or a creditor and a debtor) to temporarily suspend the payments owed by the borrower to the lender. Forbearance agreements are often entered into in lieu of the lender filing a lawsuit to foreclose a mortgage or trust deed.
Borrowers, or debtors, adversely affected by the Coronavirus outbreak may need to enter into forbearance agreements with their creditors if unable to make their payments when due. Pursuant to the CARES Act, persons who have a federally backed mortgage can seek forbearance of their mortgage payments for up to nearly a year (they can initially apply for 180 days and then seek a 180 day extension). Many mortgages are federally backed. Interested persons should contact their loan servicer to determine if their mortgage is federally backed. Even if a mortgage isn’t federally backed, given the widespread financial impact of the outbreak, there is a fair chance the lender has some forbearance or other options available.
With roots dating back to 1927, Samuels Yoelin Kantor LLP ranks as one of Oregon’s oldest law firms. We pride ourselves on being able to provide a relatively wide variety of legal services for our business and individual clients while having the expertise to handle various issues.
Victoria Blachly is a civil trial attorney located in Portland, Oregon, and licensed in the states of Oregon and Washington. She works on a wide range of litigation issues, with a primary focus on fiduciary litigation for individual trustees, corporate trustees, beneficiaries, and personal representatives, including trust and estate litigation, will contests, trust disputes, undue
An energetic and talented tax attorney, Valerie is passionate about adding value to her clients’ businesses and having an immediate, positive influence. When working with individual clients, she strives to improve their lives by taking complex tax situations and breaking them into manageable pieces with achievable outcomes. Ms. Sasaki specializes in jurisdictional tax consulting, working
Alan M. Spinrad brings more than 30 years of experience as an attorney, arbitrator and mediator to serve his real estate industry clients. He regularly handles a broad range of real estate transactions on behalf of buyers, sellers, landlords, tenants, and borrowers. His clients include individuals, developers, real estate professionals, and a wide range of business
Steven W. Seymour is an accomplished litigator with an emphasis on labor and employment law. As an expert in civil litigation, Steve focuses primarily on cases involving disability, and sexual discrimination, wrongful termination, and non-compete agreements. Municipal judge for the City of Mosier, he formerly served as past Chairman of the Litigation Section of the
Van M. White, III’s practice focuses on construction law and business litigation. His legal work regularly includes construction liens and collections; contract drafting and negotiating; the prosecution and defense of construction defect claims; bond claims; and general counsel to construction contractors, material suppliers, and small business owners. Van’s clients include property owners, general contractors, subcontractors,
Michael D. Walker is a business, tax, and estate planning attorney who has worked with individuals and small to medium-sized businesses for over 20 years. Michael enjoys the challenge of guiding his clients through the wide variety of legal challenges they face in today’s complex world. Michael graduated with high honors from both Northwestern School
With roots dating back to 1927, Samuels Yoelin Kantor LLP ranks as one of Oregon’s oldest law firms. Our firm is widely recognized throughout the Pacific Northwest for the superior legal work that we perform on behalf of our business and individual clients. We pride ourselves on being able to provide a relatively wide variety of
Samuels Yoelin Kantor LLP 111 SW 5th Ave., Suite 3800 Portland, OR 97204-3642 Phone: (503) 226-2966 or (888) 291-7956 Fax: (503) 222-2937 Or, contact us using the form below.
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