Demystifying Asset Protection Vehicles Training Class

Course ID: 9535

Demystifying Asset Protection Vehicles Training Seminar

Safeguard Clients' Wealth With the Latest Asset Protection Techniques

Shielding your clients' assets from lawsuits, creditors and other claimants isn't easy to do. You never know what new challenge is going to come through the door. Clients are counting on you to protect assets they may have spent a lifetime earning and the pressure's on you to steer them in the right direction. Do you have the up-to-date knowledge on how to provide them with the correct guidance?

If you don't have time to do hours of research on your own, then this is the seminar for you. You'll gain the most current information available to help you create asset protection strategies your clients need to achieve all their financial goals. Come away with proven techniques for using trusts to protect assets without the worry of ending up in the courtroom. Implement the most effective approaches to setting up business entities that enable clients to enjoy their wealth rather than worry about it. Why waste precious time unraveling complex asset protection issues when we can do it for you in this concentrated, skill-packed format?

Avoid questionable activity by discovering the truth about the Uniform Fraudulent Transfer Act.
Learn new ways to look at income tax treatment in order to save your clients money.
Confidently answer client questions about exemptions when planning for the personal residence.
Understand your clients' options through a critical examination of both revocable and irrevocable trusts.


	Agenda
	THE ROLE OF ASSET PROTECTION IN ESTATE PLANNING John R. Wanick, 8:30 - 10:15 The Basics of the Uniform Fraudulent Transfer Act Strategy Choices in Estate Planning and Asset Protection Liability Insurance, Interspousal Transfers, Co-Ownership and Loading Up on Exempt Assets Single or Multiple Entity Ownership Situations The Importance of Diversification Medicaid Planning ARE BUSINESS ENTITIES A VIABLE OPTION? Nicholas J. Cron, 10:30 - 12:00 Types of Business Entities Design and Coordination of Ownership Structure How State Law Requirements Affect Your Clients The Charging Order: Does It Work? State Law Requirements Transferring Assets Out of Entities Transfer Tax Valuation Discounts Income Tax Treatment When LLP's or LLC's Are Not Useful Estate Tax Planning Considerations IMPORTANT STATE AND FEDERAL EXEMPTIONS James S. Adray, 1:00 - 2:45 Statutory Exemptions Exemptions for IRAs, Pension Accounts, Annuities, Life Insurance Cash Values and Death Benefits Planning for Personal Residence The Homestead Exemption The Qualified Personal Residence Trust (QPRT): Drawbacks and Advantages Split Purchase QPRT's THE USE OF TRUSTS IN ASSET PROTECTION PLANNING James S. Adray, 3:00 - 4:40 Revocable Trusts Irrevocable Trusts Offshore Trusts Domestic Asset Protection Trusts Transfer to an Irrevocable Trust Resident or Qualified Trustee Trust Protector Incorporation of State Law Grantor's Retained Interests Tail Periods Fraudulent Transfer


	Audience
	This intermediate-level seminar will provide attorneys and in-house counsel with the strategies needed to provide their clients with the most effective asset protection planning. Accountants, presidents and vice presidents, paralegals and financial planners will take a closer look at how these asset protection options may affect a client's financial decisions.