Friday, August 15th
8:30 a.m. - 11:20 a.m.
(registration will open in mid-July)
8:15 - 8:30 a.m.: Registration
8:30 - 9:20 a.m.:
Tim Hays, CFS, Jackson National Life Insurance
approved 1 hr. CFP CE (1 hr. insurance is pending)
Advanced Tax Planning Strategies
Taxation can impact multiple facets of financial planning, including wealth accumulation, retirement income distributions, estate planning and wealth transfers. Mistakes in these areas can be costly, so it's important to have a working knowledge of the rules and understanding of the current tax landscape so you can structure a comprehensive plan for your clients.
9:30 - 10:20 a.m.:
Jason Andrews, CFP, CRPC, Ameriprise Financial Services
1 hr. Insurance & CFP CE is pending
Your Retirement-Your Way: Succession Planning Concepts to Preserve the
Value of Your Practice
We all have a responsibility to clients to keep their best interest in mind with regards to their personal financial planning. What most advisors do not address is the obligation to ensure their goals and needs are met should the advisor have an untimely death or disability. This presentation will address your responsibilities when it comes to having an established and actionable succession plan. We will address ensuring the successor fits into the standards of your financial planning practice, can handle the capacity to learn and deliver in your clients best interests, and delivers upon the committed client service model you use with clients. We will also cover the various methods to which due diligence is conducted, internal versus external successions, practice valuations, and contract structures.
At the end of session you will be left with actionable steps to include this additional layer of support to your clients.
10:30 - 11:20 a.m.:
Gerald L. Cowan, JD, Cowan Law
approved for 1 hr. CFP CE (1 hr. insurance CE is pending)
Hot Topics, Recent Developments and Tips in Estates
The purpose of this presentation is to equip the Financial Planner with practical and current relevant concepts and techniques that will be immediately useful in the day to day practice of Financial Planning. New developments as well as useful updates in the law and in death taxation that are relevant to the Financial Planner will be explained with examples. This includes recent changes in the law of Federal Estate Taxes and the current state of Indiana Inheritance Taxation. The wisdom of the apportionment of death taxation in the estate plan will be shared. The potential benefit of including survivorship requirements in wills and trusts will also be demonstrated. Special emphasis will be placed upon the relatively unknown technique of Unsupervised Administration in the estate settlement process. The simplified requirements of this process will be explained in detail. In addition, the two ways to obtain Unsupervised Administration will be discussed. There will be an in depth discussion of the practical uses of trusts. This will include the use of trusts in high new worth estate planning to minimize or eliminate Federal Estate Taxes. The use of trusts to protect those of a minor age or those in failing health will also be included.