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Illinois Asset Protection Planning - Webinar

  • ID: 4437481
  • Webinar
  • Region: Illinois
  • 90 Minutes
  • Lorman Business Center, Inc.
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Gain a better understanding of Illinois Asset Protection Planning to better advise your clients.

Many practitioners are approached by their clients to assist them in protecting their assets. We will discuss not only the methodologies of various types of planning but also the timing of when such structure or structures is allowable. Asset Protection is in todays litigious society. It is an essential element of planning for high net worth clients, not only in their business and personal affairs but to also protect their assets to make certain they have an estate to leave to their beneficiaries. Asset Protection Planning becomes more of a necessity for a practitioner that represents clients in business, not only relative to net worth but also to such areas with a higher probability of risk and litigation. Will the structures you recommend and create be upheld upon a challenge? This topic will assist you in recognizing not only the forms of Asset Protection Planning, but also the viability and pitfalls before you advise your clients.

Learning Objectives
  • You will be able to describe trusts in asset protection planning.
  • You will be able to identify what types of asset protection are available.
  • You will be able to discuss if asset protecting planning is effective.
  • You will be able to review what Illinois statues exist to provide asset protection.
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What Is Asset Protection Planning?

Why Use Asset Protection and Plan for It?

Is Asset Protection Planning Effective?

What Types of Asset Protection Planning Is Available?

What Illinois Statutes Exist to Provide Asset Protection?

What Federal Asset Protection Exists?

Trusts in Asset Protection Planning

Limitations on Creditor Attacks on Specific Structures

Combining Asset Protection Methods
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Richard M. Colombik, J.D., C.P.A. Tax Law Solutions
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This webinar is designed for attorneys, estate planners, accountants, presidents, vice presidents, CFOs, controllers, business owners and managers, tax managers, financial planners, enrolled agents and lenders.
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Order Online - visit: https://www.researchandmarkets.com/reports/4437481