Advanced LLC Issues Training Class

Course ID: 9985

Advanced LLC Issues Training Seminar

Answer Your Clients' Sophisticated LLC Questions

The LLC has become an increasingly popular choice of entity in the last decade - and your clients who own and operate LLCs have become increasingly more savvy. Part of the attraction stems from the flexibility, tax advantages and estate planning potential of these entities - which means that you need to have an in-depth knowledge of the rules and responsibilities in order to give your clients the information they need. Are you prepared to handle the advanced questions and issues your clients may have regarding LLCs?

This information-packed program goes beyond the basics of establishing and operating an LLC, and digs deeper into some of the more complex scenarios arising from LLC ownership and management. After attending, you'll be able to help clients make intelligent tax-planning choices. Ensure that clients adhere to their responsibilities to minority interest holders and fulfill their fiduciary obligations. You'll also come away with advanced strategies for using an LLC as an estate planning tool. As a trusted advisor to your clients, you need to be able to guide them with spot-on, informed advice. Don't wait to get up to speed.

Examine how legislative updates and current trends can have an impact on the advice you give your LLC clients.
Deal with tough tax issues like self-employment tax planning and member retirement issues.
Review current securities laws and ensure clients stay in compliance.
Develop a reputation for integrity by adhering to solid ethical practice standards.
Deal with issues stemming from valuation for LLCs during estate planning.


	Agenda
	CURRENT UPDATES AND EMERGING TRENDS Key Elements of the LLC Act in New York Legislative Updates Current Case Law Hot Topics and Trends ADVANCED TAX ISSUES FOR LLCs Examination of the Check-the-Box Regulation Compensation Planning and Use of Guaranteed Payments, Distributive Shares and Keogh Plans Planning for Self-Employment Tax Transfer of Appreciated Property to the LLC Death or Retirement of a Member and Tax Alternatives Federal Income Tax Techniques Involved in the Use of Disregarded Entities (Single Member LLCs) in Mergers, Acquisitions and Dispositions Taxation on Sales of an Interest - Handling the Holding Period and Hot Asset Issues Using Elections to Make Optional Basis Adjustments to Minimize Tax in Distributions UNDERSTANDING THE WORLD OF MINORITY RIGHTS AND FIDUCIARY OBLIGATIONS The Source and Nature of Fiduciary Obligations in LLCs Identifying and Protecting the Rights of Minority Interest Holders Restrictions on Fiduciary Obligations Securities Law Considerations WALKING THE ETHICAL LINE Ethical Standards and Civil Liability The Role of the Attorney as Advisor in LLC Formation Avoiding Conflicts of Interest Confidentiality - Information Derived From an Earlier Representation MASTERING ESTATE PLANNING ISSUES Estate Planning Strategies Using LLCs Asset Protection through LLCs Family Limited Liability Partnerships Impact of Recent Cases Involving Valuation and Related LLC Issues in Estate Planning Design and Implementation Considerations and Consequences

Audience

This advanced level seminar is designed for attorneys practicing in the areas of business, corporate, tax, real estate, and estate planning, as well as corporate counsel. Accountants, CPAs, CFOs, enrolled agents and business leaders who want to hone their expertise on LLC matters will also benefit.