Asset Protection and Business Succession Planning for CPAs (this is a free webinar)
Date: October 21
Time: 09:00 AM - 12:00 PM
Venue: In your own cozy home via Zoom, no address, No Address,
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VENUE:In your own cozy home via Zoom
DESCRIPTION:In my 50+ years that I have spent as a trust and estate attorney, I have noticed two scenarios that present potential financial disasters for clients and their tax advisors, and I think by the time that you reach the end of this letter, you will agree with me. The first scenario is my middle-aged […]
SUMMARY:Asset Protection and Business Succession Planning for CPAs (this is a free webinar)
LOCATION:In your own cozy home via Zoom, no address, No Address,
Asset Protection and Business Succession Planning for CPAs (this is a free webinar).ics
In my 50+ years that I have spent as a trust and estate attorney, I have noticed two scenarios that present potential financial disasters for clients and their tax advisors, and I think by the time that you reach the end of this letter, you will agree with me.
The first scenario is my middle-aged clients who are coming into sizeable retirement accounts as the result of an inheritance and those who have built up large accounts simply by salting away as much as possible during their most productive work years. Unfortunately, those retirement accounts, as well as most of the other assets they’ve accumulated, may dwindle to very little—or nothing—due to the ever-increasing cost of nursing home care (averaging $9,600 per month in Northeast Ohio). What they’ve worked so hard to accumulate and want to pass along to their children and grandchildren may be eaten up by these costs.
Second, I see an increasing number of families where the primary income-generating spouse has died owning a business that he or she spent a lifetime nurturing, and there was no one to take over that enterprise. In most of those situations, the family never gets to enjoy the fruits of the business owner’s labors. Employees, customers and suppliers quickly depart, and the owner’s family is left with no choice but to liquidate the business…yielding very little in return for a lifetime of work.
Alerting your clients to these two very serious hazards and what can be done to avoid them will place you among the most knowledgeable and respected advisors, and clients will show their gratitude by remaining your clients…and referring others to you.
Attend our FREE webinar and bring your knowledge of these two serious situations up to date…while getting Continuing Education credit for the experience. * Attend from the comfort and safety of your home or office. Register now and save your place.
Jack Alpern is an estate and business planning attorney with more than 50 years of experience in counseling Mahoning Valley families and business owners.
*NOTE: According to the Board of Accountancy of Ohio, you will receive 3 hours of Continuing Education Credit after: (1) You complete the course; and (2) you submit your Certificate of Completion (that we will prepare) to the Board
Event is due and cannot be registered at the moment