In Legal Terms
The show about you and your rights.
In Legal Terms: Retirement Account Regulations
Professor Richard Gershon explains the regulations around making contributions and withdrawals from retirement accounts such as 401Ks, IRAs, and Roth IRAs.
· Professor Gershon is the author of several books and articles on taxation and legal education. In 2019 he published the seventh edition of “A Student’s Guide to the Internal Revenue Code (with Professor Jeffrey A. Maine).
On August 13th, MPB”s Money Talks gave out advice about retirement investing. The host Ryder Taff, a chartered financial analyst with New Perspectives, covered those who are retired, about to retire, and people just starting out. You can find that show and listen On Demand at moneytalk.mpbonline.org or on your podcasting platform.
Total annual contributions to your Traditional and Roth IRAs combined cannot exceed $6,000 (under age 50) for 2019. 401(k) contribution limit increases to $19,000 for 2019. https://www.irs.gov/newsroom/401k-contribution-limit-increases-to-19000-for-2019-ira-limit-increases-to-6000
Setting Every Community Up for Retirement Enhancement (SECURE) legislation is under consideration in Washington, D.C.
In Legal Terms: Mississippi’s new Landowners Protection Act
Guests: Professor Farish Percy https://law.olemiss.edu/faculty-directory/e-farish-percy/ and attorney Jesse Mitchell https://www.facebook.com/pages/The-Mitchell-Firm-P/222171121849298
PROPERTY OWNER LIABILITY — Senate Bill 2901 , called the "Landowners Protection Act," says that anyone who owns, leases, operates, or maintains a commercial property in Mississippi will not be liable for any injury on the property caused by another person, unless the person in charge of the property did something that "impelled" the harmful action. Supporters say the new law will provide financial protection for property owners or managers, while critics say it could lead to negligence.
In Legal Terms: 2019 New Mississippi Laws
Professor Richard Gershon from the University of Mississippi School of Law gives his opinion on the new state laws that take affect July 1, 2019 in Mississippi.
There will be a run off for some elected positions August 27th – 2 weeks from today. November 5th is the next general election in Mississippi. All our senators and representatives along with the statewide offices will be selected on that date. If you voted in the primary you can only vote in the same primary on the 27th. If you didn’t vote in the primary you can vote in either runoff primary. If you didn’t vote in the primary, you can still vote in the general election.
Citizens need to register by October 7th to vote in the November 5th general election for Governor, Lt. Gov. and such. There are county positions that need to be filled by election in November also. Teens don’t need to be 18 by October 7th to register, just 18 by November 5th. AND if you didn’t vote in the primary you can still vote in the general election.
In Legal Terms: NMRLS Elder Law Conference
Guest Al Cutturini, director of the Elder Law Project at North Mississippi Rural Legal Services discusses their upcoming conference and elder law issues. Oxford Conference Center, 8:30 am 08/09/19; Free to the public (charge for CPE credits)
Phone number: 1-800-498-1804 (anywhere in Mississippi)
http://nmrls.com/ North Mississippi Rural Legal Services
https://www.mslegalservices.org/ Mississippi Legal Services
Podcast mentioned: Judge Larry Primeaux's Blog about Practice in Mississippi's Chancery Courts https://betterchancery.com/
In Legal Terms: Elections
Guest Kim Turner, attorney and Assistant Secretary of State, head of the Elections Division is our guest.
MS Primaries are August 6th, 2019
Deadline to register to vote for the General Election is October 7th, 2019 5pm
General Election is Tuesday, November 5th, 2019
In Legal Terms: Sports Gambling in MS
Guest, Professor Ron Rychlak from the University of Mississippi reflects and discusses with special host MPB's Jay White and Professor Richard Gershon sports gambling in Mississippi.
What's a game of chance? What's skill? When do we get scratch off tickets and a lottery.