Check out our Sept/Oct newsletter!
SEPT/OCT 2022
EagleAndFein.com
317-726-1714
Your Loved Ones Need Your Help WALK WITH US BEFORE IT’S TOO LATE
When I met my friend and mentor Mike many years ago, he was a savvy financial planner with hundreds of connections in the community. He walked the halls of Eagle & Fein with his head held high and played an instrumental role in growing our firm. I am forever grateful for all that he has done over the years for our mutual clients. I will always remember him delivering sage advice on business, estate, and family wealth planning. However, my dear friend will never walk our firm’s halls again. In 2018, he was diagnosed with Alzheimer’s. The disease quickly progressed to the point that he now lives in a memory care community, where I visit him often. Our last visit was truly heartbreaking. We were sitting together eating dinner when I noticed Mike looking at his fork. Then, he leaned across the table and asked me, “How do I unlock this?” His memory had faded to the point that he no longer knew how to feed himself. I patiently helped him eat with his hands and smiled the whole time — but inside I was devastated. It feels terrible to watch someone you love transition from being totally present in life to simply passing time until the end. That is what Alzheimer’s does to a person, and Mike is far from the only one I have seen go through it. My wife and I also lost my father-in-law to the disease. It has impacted many of our Eagle & Fein clients over the years as
well, including a sweet man named Larry, who was a Hall of Fame athlete. Like Mike, Larry created a legacy of providing opportunities to the younger generation. He passed away with his last months being spent in a memory care community being forced to rely on his family and caregivers to accomplish daily tasks. That is why our firm is working to raise $30,000 for the Alzheimer’s Association for our 30th anniversary, and why we participate in the Walk to End Alzheimer’s every year. I walk for Mike, for Larry, for my father-in-law, and for every one of my clients, employees, and friends who have lost loved ones not once but twice — first to Alzheimer’s or dementia, and again when they pass from this earth. I am writing to you about this because the Walk to End Alzheimer’s is almost here, and I would love to see you there! We can fight together to “By walking with us in the Walk to End Alzheimer’s on Oct. 1, you could make the crucial difference. Your participation will help medical researchers like Eli Lilly and Company unlock the mysteries of Alzheimer’s and perhaps extend the time we have with our loved ones while they still remember us.”
raise funds for Alzheimer’s research and turn back this tide of tragedy.
The walk begins at IUPUI’s Carroll Stadium (1001 W. New York St., Indianapolis, IN 46202) on Saturday, Oct. 1, and you can RSVP right now. Simply visit Act.alz.org and click “Find a Walk near you.” Then scroll down to “Find a team” and search “Eagle & Fein.” From there, you can click our team name to join us or donate! If you already attended our Talk to End Alzheimer’s on Aug. 31, thank you so much for your support. The night was a huge success. We are already well on our way to meeting our $30,000 goal, but we are not there yet. By walking with us in the Walk to End Alzheimer’s on Oct. 1, you could make the crucial difference. Your participation will help medical researchers like Eli Lilly and Company unlock the mysteries of Alzheimer’s and perhaps extend the time we have with our loved ones while they still remember us.
Do not wait. Visit Act.alz.org and join us today!
– Brian Eagle 317-726-1714 1
Published by Newsletter Pro • www.NewsletterPro.com
READY, SET, SCAVENGE! Explore What Autumn Offers
As the leaves begin to fall and the air becomes cooler, it is a sure sign that summer is slowly coming to an end. Though we will miss the pool parties and backyard barbecues, there is still lots to look forward to during fall. Autumn is known as the season of change, and getting the kids outside allows them to understand and explore the changes going on in the world around them. Creating a fall scavenger hunt is a great way for kids to practice their reading and observation skills, all while still enjoying the outdoors.
3. Items from a fall harvest (like pumpkins, sunflowers, or hay bales) 4. Changes among people’s apparel (such as jackets, hats, and scarves) 5. Animals hibernating or migrating Fall Color Wheel The best way to explore autumn’s colors is by creating a fall color wheel hunt! Since the leaves are the surest signs of fall, kids can compare and contrast the different colors of each leaf they find, making this a fun hands-on activity. You can either download a color wheel template from the internet or make one yourself! All you need is a piece of paper that’s big enough for kids to tape the leaves onto and different areas for the colors red, yellow, orange, and brown. This will help kids see the different kinds of leaves as well as their visual changes during the season.
Signs of Fall Creating a specific scavenger hunt for signs of autumn is a great way to enhance your child’s observation skills.
Consider the following for your signs of fall hunt:
The weather is getting colder, but it doesn’t mean you have to hibernate too! Bundle up with a cozy sweater and beanie, and encourage the family to get outside to explore all of the wonderful changes autumn has to offer.
1. Leaves that have changed colors 2. Tree seeds or pine cones that have fallen to the ground
TAKE CARE OF THEM NOW TO PROTECT YOUR CLIENTS Did You Miss These IRS Updates?
The IRS is a complicated beast, and regulations at the agency are constantly changing. It’s easy to miss important updates in that tangle — which is why we want to remind you of an important proposed change to the 10-year rule and required minimum distributions (RMDs). In the past, if the owner of an IRA passed away after age 72, their beneficiary had the freedom to take as much or as little as they’d like out of the IRA for the first 10 years. Then, in year 10, the IRA had to be fully emptied. Under the proposed rule change, if the owner of the IRA dies after April 1st following their 72nd birthday (the “Required Beginning Date”), the beneficiary must take out small minimum distributions annually in years 1–9 based on their life expectancy. They can no longer wait until the 10th year. In some instances, if the owner is past their Required Beginning Date, the 10 years may be shortened as well. As a financial professional, you know that it is always safest to treat changes proposed by the IRS as if they have already taken effect. That way, you and your clients are never at risk of being second-guessed or corrected by the agency. If you haven’t already taken steps to protect your clients in light of these recent proposals, now is the time to act.
Our team of estate planning professionals is here to help you learn more about this topic and how it will impact your work. To get started, email Kendra at kbarackman@eagleandfein.com and ask for a copy of the PowerPoint from our recent “Linking Your Beneficiary Designation with Your Estate Plan Following the Secure Act and Proposed Regulations” workshop. We’re happy to send it your way!
2
EagleandFein.com
Published by Newsletter Pro • www.NewsletterPro.com
Word Search
Why Our Team Walks to End Alzheimer’s
APPLES BOOKBAG CIDER
A QUICK NOTE FROM SCOTT AND RACHEL
FOOTBALL HERITAGE HONEY LABOR LITERACY MUSHROOM
Eagle & Fein Shareholder Attorney Scott Linneweber shows up for the Walk to End Alzheimer’s every single year. Rain or shine, hot or cold, you’ll find him walking to raise money for the Alzheimer’s Association on Oct. 1! He carries the purple flower in memory of his feisty grandma, Lois. “My grandma was tough as nails,” Scott remembers. “She was so excited when I was married and when my daughter was born. It was sad to see the disease progress. Soon she didn’t remember I had gotten married — those kinds of things were lost to her.” As a shareholder attorney, Scott also helps many of our clients who have spouses struggling with Alzheimer’s or dementia. They’re often running the household alone for the first time. “It’s rough on folks!” Scott says. “But it’s nice to be part of a team that can provide care and solutions to people when they are going through those tough times. It doesn’t change the loss that they’re feeling, but maybe it can provide them a little bit of comfort.” Eagle & Fein Law Clerk/Summer Associate Rachel Jones started walking with us in 2019, and she has not missed an event since. She carries the orange flower to show her support for the Alzheimer’s Association. “I’ve been fortunate enough to participate three years in a row,” she recalls. “I love seeing the firm in a more casual and family environment. We continue to wear our walk shirts and make a banner every year. It’s a cause that is really near and dear to our hearts.” Rachel’s husband, Pete, likes to walk with her, just like so many of our employees’ families and kids. If you join us, you’ll have the opportunity to meet them and bring your own loved ones to support the cause!
SAPPHIRE SUPPLIES UNION
In just 30 minutes, turn a pile of summer veggies into a Chinese-inspired dish.
INGREDIENTS
•
2 Chinese eggplants, cut into 1/4-inch strips
•
1 red chili pepper, thinly sliced
• •
Salt, to taste
• •
2 tbsp soy sauce
3 tbsp vegetable oil, divided
1 tbsp vegan stir-fry sauce (like Lee Kum Kee Vegetarian)
We all hope to see you at IUPUI’s Carroll Stadium on Oct. 1 for the Walk to End Alzheimer’s — Scott and Rachel included.
• • •
6 oz green beans, trimmed 6 cloves garlic, minced 1/2-inch piece of ginger, thinly sliced
•
1/8 tsp pepper
DIRECTIONS
1. In a large bowl, add the eggplant and coat with salt. Cover the eggplant with water and soak for 15 minutes. Drain and pat dry. 2. In a wok over medium heat, warm 2 tbsp of oil. Add the eggplant and fry for 4–5 minutes. Remove and set aside. 3. Add the remaining oil and green beans to the wok. Fry for 5 minutes, then remove and set aside. 4. Add garlic, ginger, and chili before stir-frying for 1 minute. Return the green beans and eggplant to the wok and add the soy sauce, vegan stir-fry sauce, and pepper. Toss to coat, then serve over rice!
3
317-726-1714
Published by Newsletter Pro • www.NewsletterPro.com
8500 Keystone Crossing, Suite 555 Indianapolis, IN 46240 317-726-1714 EagleAndFein.com
PRST STD US POSTAGE PAID BOISE, ID PERMIT 411
Why Brian Walks to End Alzheimer’s INSIDE THIS ISSUE 1. 2. DIY Fall Scavenger Hunt for the Family
Alert! Important IRS Updates
3.
An Important Note From Our Team
Green Bean and Eggplant Stir-Fry
4.
Your Guide to Family and Medical Leave
When can I use FMLA leave? An eligible employee can be granted up to 12 workweeks of unpaid, job-protected leave in a 12-month period for the following reason(s):
Workers shouldn’t have to choose between the job they need and the family members they love. The Family and Medical Leave Act (FMLA) was created to allow employees to take reasonable unpaid leave for a particular family or medical reason so they can maintain a work/life balance. What does it provide? The FMLA provides eligible employees up to 12 workweeks of unpaid leave a year with the requirement of group health benefits to be maintained during the leave as if employees were continuing to work. They are also entitled to resume their same or equivalent job at the end of their FMLA leave. Who is eligible for FMLA? FMLA applies to all public agencies, all public and private elementary and secondary schools, and companies with 50 or more employees. Employees can be eligible for FMLA if they have worked for their employer for at least 12 months, worked at least 1,250 hours over the past 12 months, and work at a location that employs 50 or more employees within 75 miles.
• •
Birth of and/or bonding with a newborn child The placement of a child for adoption or foster care with the employee To care for an immediate family member with a serious condition (child, spouse, or parent, but does not include parent in-laws) To take medical leave when the employee is unable to work due to a serious health condition For qualifying exigencies arising out of the fact that the employee’s spouse, child, or parent is on covered active duty or call to covered active-duty status as a member of the National Guard, Reserves, or Regular Armed Forces
•
•
•
LIFE CAN BE UNPREDICTABLE
The FMLA exists so employees can tend to their families without worrying about their job, allowing them to provide the best care for their loved ones. For more information regarding whether or not your company is eligible for FMLA, check out your local government agency for more details.
PRESERVING THE BALANCE OF
WORK AND FAMILY LIFE
4
EagleandFein.com
Published by Newsletter Pro • www.NewsletterPro.com
Page 1 Page 2 Page 3 Page 4Made with FlippingBook Ebook Creator