1230-1330 Terry Stanaland
1340-1440 William Stanaland
1450-1550 Bruce McGuirk
1600-1700 Scott Dillon
ALL COURSES APPROVED FOR CFP, NC CIE, NC CPE, & NC CLE
Click here for Spring 2021 Instructor Bios
How to Avoid Rookie Errors; An Estate Planner Reflects on Troubling Issues
That Can Trip Up Even the Most Experienced of Practitioners.
Terence B. Stanaland, JD, CPA, ChFC
Some of the issues that will be addressed are:
- Life insurance problems with incorrect beneficiaries, incorrect ownership, corporate owned policies, transfer for value and the valuation of life insurance policies.
- IRA issues (1) as a result of the SECURE Act, (2) with minor children as beneficiaries, (RMD in year of death, and (4) proceeds payable to the estate.
- Issues with “Pay on Death” and “Transfer on Death”
- Other issues such as competency and the aging client, integrating S-corps in tax planning, powers of attorney and gifting, and by-pass trust planning for Medicaid.
Income Taxation of Trusts and Estates
William W. Stanaland, III, CPA, William W. Stanaland, III, PLLC
This presentation will allow the attendees to have an understanding of income taxation of the most commonly used trusts as well as the income taxation of estates.
Retirement Income Backstop
Bruce McGuirk, CFP, CLU, ChFC, Regional Director, John Hancock Life Insurance Company
This presentation is intended to provide participants with a planning solution to client’s fear of outliving their income. It reviews retirement income planning and how the way a client’s accumulation (working) years projections cannot be the same as the client’s distribution (income) years projections. It reviews the various income risks a client faces during their distribution years and uses a case study to illustrate how the solution works.
Use of Retirement Assets to Start a Business: A Good Idea?
Scott Dillon, JD, Carruthers & Roth, PA
This topic will explore the use of IRA and 401(k) assets to fund a business start-up, through the use of self-directed IRAs, “checkbook control” IRA-owned LLCs, and “ROBS” transactions (Rollovers as Business Start-ups) under which IRA assets are rolled over to a participant-directed 401(k) plan and then used to capitalize the business sponsoring the plan, all within the limitations of the prohibited transaction rules, plan discrimination rules, and IRS guidance.