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August 24, 2010
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Maryland Asset Protection News

 

EPA Awards Over $10.3 million in Grants to Pacific Southwest Groups

(5/12/06) SAN FRANCISCO-- Today the U.S. Environmental Protection Agency awarded over $10.3 million to Pacific Southwest groups for assessment, inventory, redevelopment and cleanup of properties that have sat idle due to perceived or real contamination. The funds will help pay for projects in Californa, Arizona, Nevada, Hawaii, and the Pacific Islands, where grant recipients are working to redevelop “brownfield” properties. Today’s awards were part of $69.9 million in brownfields grants given out to communities throughout the country.

“Today’s grants will help speed the cleanup and redevelopment of properties, providing jobs and helping revitalize neighborhoods,” said Wayne Nastri, administrator of the U.S. EPA’s Pacific Southwest Region. “The brownfields program enables communities to develop idle land into productive community assets.”

The brownfields program encourages turning America's estimated 450,000 problem properties to productive community use. Since the beginning of the brownfields program, the EPA has awarded 883 assessment grants totaling $225.4 million, 202 revolving loan fund grants totaling $186.7 million, and 238 cleanup grants totaling $42.7 million. In addition to industrial and commercial redevelopment, brownfields approaches have included the conversion of industrial waterfronts to river-front parks, landfills to golf courses, rail corridors to recreational trails, and gas stations to housing. EPA's brownfields assistance has leveraged more than $8.2 billion in private investment, helped create 37,525 jobs and resulted in the assessment of 8,374 properties and the cleanup of 93 properties.

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Did You Know?    
 
 
Asset protection can help when disaster strikes
Asset Protection: More coverage generally means you will have less to pay out of your own pocket if disaster strikes. You must determine the amount you can financially afford to lose. Depending upon your determination, more insurance may be the answer. You need enough liability coverage to protect yourself from lawsuits resulting from your possible negligence.

 


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News about Asset Protection cases in Maryland and nationwide:

EPA Awards Over $10.3 million in Grants to Pacific Southwest Groups
EPA Awards Over $10.3 million in Grants to Pacific Southwest Groups(5/12/06) SAN FRANCISCO-- Today the U.S. Environmenta...
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Agency Financial Management Systems Architecture
Agency financial management systems are information systems which track financial events and summarize information to support the mission of an age...
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Asset Protection.com Terms

 


Today's Terms

Tax-deferred earnings (investments)

Definition:
Earnings on which taxes are not paid until a future date, usually when funds are withdrawn. The TSP and traditional IRAs are examples of vehicles that offer tax-deferred earnings.

Casualty Insurance

Definition:
Casualty Insurance coverage is primarily for the legal liability of an individual or organization that results from negligent acts and omissions causing bodily injury and/or property damage to a third party. However, the term is broad and includes such property insurance as aviation insurance, boiler and machinery insurance, glass insurance and crime insurance.

Revocable Trust

Definition:
In a living, or revocable trust, you name yourself as the grantor, the trustee, and the current beneficiary. You then transfer some or all of your assets to the trust. The terms of the trust require that the trust is to be used for your benefit during your life. After your death, the living trust continues for the benefit of your intended beneficiaries.

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Asset Protection Hot Topics

 
Topics Related to Asset Protection:

  • Trusts
  • Wills
  • Uniform Probate Code
  • Gift Tax
  • Dynasty Trust
  • Annuities

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Maryland Asset-Protection Attorney

 
If you live in the following cities and need an Asset-Protection attorney you should contact our Asset-Protection Attorney as soon as possible:

  • Annapolis
  • Baltimore
  • Capitol Heights
  • Catonsville
  • Columbia
  • Cumberland
  • District Heights
  • Dundalk
  • Elkton
  • Ellicott City
  • Essex
  • Fort Washington
  • Gaithersburg
  • Germantown
  • Glen Burnie
  • Gwynn Oak
  • Hagerstown
  • Hyattsville
  • Lanham
  • Lutherville Timonium
  • Middle River
  • Nottingham
  • Owings Mills
  • Parkville
  • Pasadena
  • Potomac
  • Rockville
  • Silver Spring
  • Sykesville
  • Temple Hills
  • Upper Marlboro
  • Westminster


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