Asset Protection Planning Techniques for Clients with Modest to Medium-Sized Estates

Program Number: 2114

Program Date: 05/17/2011

Description

Regardless of the size of a client’s estate, whatever a particular client has means a lot to him or her. For this reason, it is typically worthwhile for each client to at least consider some degree of asset protection as part of his or her estate planning. In this program, Barry Engel and Ed Brown discuss asset protection planning strategies tailored for individuals with small to medium-sized estates. Topics include: 1) the use of state law exemptions; 2) joint ownership of property; 3) spousal gifting; 4) use of insurance; 5) use of annuities; 6) planning through corporations, family limited partnerships and family limited liability companies; 7) limited partnership associations, limited liability limited partners and other creatures of statute; 8) domestic trust planning; 9) change of domicile; and 10) cautions concerning business practices.

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Available in states

Arizona, California, Colorado Eligible, Colorado Homestudy, Georgia, Missouri, New Jersey Eligible, New York, Texas Self Study

Credit Information

50 minute credit hour - 1 General CLE credit
60 minute credit hour - 1 General CLE credit

State Program Numbers

CO: 1.0 General

Presenters


Edward D. Brown, Esq.

Engel & Reiman pc

Edward D. Brown, Esq. is a principal in the firm Engel & Reiman pc. Mr. Brown, who holds a Master of Laws in Taxation and is also a Certified Public Accountant, specializes in business transactions and planning, taxation and estate planning. He has authored numerous articles on a variety of legal topics appearing in publications such as the Journal of Taxation, Journal of International Taxation, The Tax Adviser, Asset Protection Journal and The Colorado Lawyer and he also speaks frequently to professional organizations on a wide range of legal subjects.

 

Barry S. Engel, Esq.

Engel & Reiman PC

Barry S. Engel, Esq. is a principal in Engel & Reiman pc, a Denver, Colorado-based law firm with an international client base. Mr. Engel, who has been written about and quoted by The Economist, Business Week, ABA Journal, Wall Street Journal, The New York Times and Forbes, among others, is the author of CCH's Asset Protection Planning Guide (2nd Edition), which contains over 650 pages of text and practice tools for the practitioner. For information on the Guide, click on http://www.engelreiman.com/apguide.html. Mr. Engel was one of three principal co-authors of protective trust legislation as enacted by the Parliament of the Cook Islands in 1989, which has served as a model for many other offshore jurisdictions as well as for a number of states in the U.S., and he has also consulted with a number of other foreign jurisdictions regarding similar legislation. From 1993 to 1998, he was President of The Offshore Institute, an Isle of Man (British Isles) based international, multi-disciplinary professional body committed to education and excellence in international and offshore practice and planning, and under his leadership, the membership of the organization grew from under 100 members to over 600 members in 60+ countries. Mr. Engel is a prolific author and speaker, having been published extensively and having lectured to tens of thousands of professionals worldwide over the past 25+ years.