The ailing economy and baby boomers nearing retirement age have created a unique financial environment, giving rise to new threats and opportunities in asset protection. Are you using all the tools at your disposal to ensure your clients' financial stability? This legal course offers a comprehensive overview of asset protection concepts and their real-life application and has been called the only course you'll ever need on asset protection. Get all the information you need to ensure a prosperous future for your clients and permanently add asset protection to the list of your areas of practice. Order today!

1. Introduction and Overview of Asset Protection
2. Collecting on Judgments
3. Fraudulent Transfers
4. Planning in the Context of Marriage
5. Choice of Entity in Asset Protection
6. Use of Trusts in Asset Protection
7. Foreign Trusts
8. Using Retirement Plans in Asset Protection
9. Comprehensive Planning Example

Continuing Education Credits:   

* denotes specialty credits

1. INTRODUCTION AND OVERVIEW OF ASSET PROTECTION
   8:30 - 9:15, Jacob Stein
   1. What is Asset Protection?
   2. Four Threshold Questions
      1. Who is the Debtor?
      2. What is the Nature of the Claim?
      3. Who is the Creditor?
      4. What is the Nature of the Assets?
2. COLLECTING ON JUDGMENTS
   9:15 - 9:45, Jacob Stein
   1. Statutory Collection Laws
   2. Other Creditor Remedies
3. FRAUDULENT TRANSFERS
   9:45 - 10:15, Jacob Stein
   1. The Rules and Risks Overview
   2. Current State Law
      1. UFTA
      2. Transfers
      3. Types of Fraud
      4. The "Good Faith" Defense
4. PLANNING IN THE CONTEXT OF MARRIAGE
   10:30 - 11:15, Jacob Stein
   1. Common Types of Assets and Risks
   2. Available Planning Techniques
      1. Premarital Agreements
      2. Postnuptial and Transmutation Agreements
      3. In Divorce
5. CHOICE OF ENTITY IN ASSET PROTECTION
   11:15 - 12:15, Jacob Stein
   1. Generally
      1. Sole Proprietorship
      2. General Partnership
      3. Limited Liability Partnership
      4. Limited Partnership
      5. Corporation
      6. Limited Liability Company
   2. Charging Order Protection
      1. Protecting Assets Within Entities
      2. Charging Order Limitation
      3. Foreclosure
      4. Eroding Protection of Single-Member LLCs
   3. Creative Asset Protection Planning With LLCs
      1. Series LLCs
      2. Use of Foreign LLCs
6. USE OF TRUSTS IN ASSET PROTECTION
   1:15 - 2:15, Jacob Stein
   1. Spendthrift Trusts
   2. Discretionary Trusts
   3. Self-Settled Trusts
   4. Alaska Trusts
   5. Pitfalls to Avoid
   6. Planning to Maximize Protection of Trusts
7. FOREIGN TRUSTS
   2:15 - 3:15, Jacob Stein
   1. Basic Rules and Principles Overview
   2. How to Make Foreign Trusts Effective
   3. Risks of Foreign Trusts
   4. Tax Treatment
      1. Foreign vs. Domestic for Tax Purposes
      2. Tax Treatment of Foreign Trusts
      3. Grantor Trust Rules
      4. Reporting Requirements
   5. Choosing the Right Jurisdiction
   6. Advanced Planning With Foreign Trusts
8. USING RETIREMENT PLANS IN ASSET PROTECTION
   3:30 - 4:00, Jacob Stein
   1. Qualified Plans
   2. Non-Qualified Plans
9. COMPREHENSIVE PLANNING EXAMPLE
   4:00 - 4:40, Jacob Stein

JACOB STEIN is a partner with the law firm Klueger & Stein, LLP, in Los Angeles, California. The firm's practice is limited to asset protection and sophisticated domestic and international tax planning. On a daily basis Mr. Stein assists high net-worth individuals and successful businesses in protecting their assets from plaintiffs and creditors by focusing on properly structuring asset ownership and business structures and operations. Over the course of his career he has represented more than a thousand clients, including: officers and directors of Fortune 500 companies; celebrities; internet entrepreneurs; high-profile real estate developers, builders and investors; physicians; wealthy foreigners; small business owners; attorneys, accountants and financial advisors; and many other individuals facing financial adversity or seeking privacy for their holdings. Mr. Stein is an author of numerous tax and asset protection articles and technical manuals and a frequent lecturer to various attorney, CPA and other professional groups on topics ranging from asset protection to choice of entity planning, and offshore tax planning to advanced real estate exit strategies. He is an instructor with the California CPA Education Foundation and National Business Institute, where he teaches courses on advanced tax planning, asset protection and trust law. Mr. Stein is an adjunct professor of taxation at the CSU, Northridge Graduate Tax Program. He earned his law degree from the University of Southern California and his master's of law degree from Georgetown University. Mr. Stein has been accredited by the State Bar of California as a Certified Tax Law Specialist, is AV-rated (highest possible rating) by Martindale-Hubbell and has been named A Rising Star by the Los Angeles Magazine.

Please refer to Continuing Education Credit FAQ for general information about seeking credit for your participation in one of our continuing education programs.

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Phone: 866-240-1890

Email: credit@nbi-sems.com