Managing Risk – Crucial Elements

Managing Risk -The Crucial Element in Asset Protection Planning

Course Description: 
It has become exceedingly difficult for business people, professionals, and other individuals to conduct their affairs without exposure to the hazards of litigation and creditors. There are many methods by which individuals with significant assets at risk can legitimately protect their personal net worth. This course is designed to provide the participant a basic understanding of the techniques employed in protecting assets.

Who Should Attend: 
CPAs, EAs, attorneys, other tax professionals, and financial planners

Topics Covered: 
▪ Introduction to asset protection planning
▪ Fraudulent conveyances
▪ Core objectives of asset protection planning
▪ Moral issues in asset protection planning
▪ Privacy issues in asset protection planning
▪ Outline of asset protection planning techniques
▪ Risk management issues – the “Basics” 
▪ Pension plans and IRAs
▪ Family Partnerships
▪ Private annuities and self-canceling installment notes

Learning Objectives: 
To allow the practitioner to gain insight into the methods used to protect and preserve a client’s wealth during the client’s lifetime