The current litigation explosion has created tremendous Interest in asset protection. This area has dramatic financial and estate ramifications and also directly impacts tax planning. This course is designed to survey opportunities for asset protection that can arise during tax planning and to determine how to properly report such transactions. Author Danny Santucci clears up some of the common misconceptions about asset protection and gives useful advice you can use to help your clients avoid fraudulent transfers.
Asset Protection. Trusts. Divorce.
CPAs, financial professionals, enrolled agents and attorneys.
Note the main reasons for asset protection, common misconceptions, and goals associated with undertaking asset protection measures. Recognize what constitutes a fraudulent transfer and how to structure asset protection planning transfers so that they are not fraudulent. Identify the various types of insurance, noting their defining characteristics and how life insurance can be used as an asset protection vehicle. Note how the various types of entities relate to asset protection as well as how the various types of joint ownership of property and various trusts directly impact asset protection and tax liability. Recognize the concepts of common law property, community property, and equitable ownership, noting which states base distribution laws on those concepts. Identify asset division principles, noting their effect on the division of assets. Recognize the components of premarital and post-nuptial agreements, noting how they can be used to advise clients on individual asset protection.
Danny Santucci, Western CPE
Danny Santucci, BA, JD, is a prolific author of tax and financial books and articles. His legal career started with the business and litigation firm of Edwards, Edwards, and Ashton. Later he joined the Century City entertainment firm of Bushkin, Gaims, Gaines, and Jonas working for many well-known celebrities. In 1980, Danny established the law firm of Santucci, Potter, and Leanders in Irvine, California. With increasing lecture and writing commitments, Danny went into sole practice in 1995. His practice emphasizes business taxation, real estate law, and estate planning. Speaking to more than 100 groups nationally each year, he is known for spicing up his extensive expertise with an incredible sense of humor.
Non-Member Price $67.00
Member Price $58.00