2020 Orange County Tax and Financial Forum – Virtual!

Tuesday
Oct
20
2020

8:30 am - 4:30 pm


 

 

     

Don’t Miss This Event!

You are invited to the third annual Orange County Tax and Financial Forum, joining individuals in all areas of financial planning with top national tax and financial experts to grow business and successfully meet the needs of an expanding client base. Update: We are going virtual for 2020. Same great speakers – and there will be networking opportunities as well! Invite your friends and colleagues from anywhere in the country to attend this year.

New Reduced Virtual Cost: FPA Members $50, Non-Members $70, Current Students are Free

Current Students – Contact Admin@FPAOC.org to request a complimentary admission.

We anticipate offering 5.0 hours CFP® CE and 5.0 hours CPA CPE. 

Agenda

7:30 am Site Open for Networking
8:30 am
Welcome and Introductory Remarks
8:40 am
Jonathan Blattmachr, JD, TEP, AEP (Distinguished) Director, Peak Trust

Attracting High Net Worth Clientele with Cutting Edge Financial and Tax Strategies

9:40 am Daen Wombwell, CEO, NIW Corporation

Calling the “Emperor’s Clothes” on Retirement Plans: A New Perspective

10:45 am Networking Break
10:55 am Professor Jerome Hesch, JD, MBA, AEP (Distinguished), Director, Notre Dame University Tax Institute

Income Tax Deferral Planning Techniques for Clients Who Desire to Sell Appreciated Assets While Living

12:00 pm Lunch and Learn with our Partners – Networking Too!
2:00 pm Steven J. Oshins, JD, TEP, AEP (Distinguished), Law Offices of Oshins & Associates, LLC, Las Vegas, NV

Fear Factor: Protecting Assets by Getting Into the Creditor’s Head and Controlling His/Her Mind

3:20 pm Networking Break
 3:30 pm Justin Miller, JD, LL.M, CFP, National Wealth Strategist, BNY Mellon

Top Tax Tips For Making Divorce Less Taxing

  4:30 pm  Concluding Remarks and Raffles

 

Speakers


Jonathan Blattmachr

JD, TEP, AEP (Distinguished) Director, Peak Trust



Session Title:
Attracting High Net Worth Clientele with Cutting Edge Financial and Tax Strategies
Summary:

In this session, we will discuss current income tax and estate tax saving strategies, asset protection, and how they relate to one another. We will explore the unique aspects of life insurance taxation, and we will dive into asset protection, including legal consideration and available opportunities.


Learning Objectives:
  • Income Tax Savings Strategies
  • Estate Tax Savings Strategies
  • Asset Protection Considerations

Level of Complexity: Advanced

CE: 1.0 hour CFP CE(pending) and 1.0 hour CPA CPE

Bio:

Jonathan G. Blattmachr is Director of Estate Planning for Peak Trust Company, formerly Alaska Trust Company and a Director of Pioneer Wealth Partners, LLC in a boutique wealth advisory firm in Manhattan. He is a Principal at Interactive Legal Services Management, LLC and a retired member of Milbank Tweed Hadley & McCloy LLP. He is recognized as one of the most creative trusts and estates lawyers in the country and is listed in The Best Lawyers in America in New York, Alaska and in California. He graduated from Columbia University School of Law, where he was recognized as a Harlan Fiske Stone Scholar. He has written and lectured extensively on estate and trust taxation and charitable giving. He is author & co-author of nine books and more than 500 articles on estate planning and tax topics. Jonathan served two years of active duty in the US Army, rising to the rank of Captain and was awarded the Army Commendation Medal. He is an instrument rated land and seaplane pilot and a licensed hunting and fishing guide in the Town of Southampton, New York.


Daen Wombwell

CEO, NIW Corporation



Session Title:
Calling the "Emperor's Clothes" on Retirement Plans: A New Perspective
Summary:

Supplemental retirement plans for highly-compensated professionals are not working by any realistic measurement.  Ninety percent of these clients are chronically under-saving compared to the amount they need to preserve their lifestyle in retirement, yet advisors continue to present the same solutions. Why?

Mortgages transformed home ownership in the western world and yet with a retirement likely to cost six times more, are we supposed to self-fund the entire plan?

The presentation looks at the fundamental problem with retirement plans, what can be done about it and what are the fundamental ingredients needed to make it work.


Learning Objectives:
  • Understanding the problem for supplemental retirement
  • Understand why advisors continue to present the current solutions
  • What is needed to change the paradigm

Level of Complexity: Intermediate

CE: 1.0 hour CFP CE(pending) and 1.0 hour CPA CPE

Bio:

Daen Wombwell, CEO, NIW Corporation – Daen’s main focus at NIW Companies is on estate planning cases such as NIW MultiGen and Life Strategies. Prior to forming NIW Companies, Daen also held executive positions at global manufacturing and advanced process software corporations. At both companies, Daen faced and successfully resolved the problem that many companies (regardless of industry) commonly face – how to effectively introduce complex value propositions to a direct and indirect selling team. Understanding this issue has been a key contributor to the success and credibility NIW Companies has achieved over the last 10 years. Daen has a Business Degree with Honors in Strategic Marketing and Finance from the University of Aston in Birmingham, UK.


Professor Jerome Hesch, JD, MBA, AEP (Distinguished)

Director, Notre Dame University Tax Institute



Session Title:
Income Tax Deferral Planning Techniques for Clients Who Desire to Sell Appreciated Assets While Living
Summary:

Individuals with an appreciated asset are reluctant to sell the asset because of the substantial taxable gain they would have to immediately report. Instead, they postpone the sale until after they die so that the assets can be included in their estates and receive the income tax-free step-up in basis at death. This presentation will explain how available planning techniques can postpone the reporting of gain from the sale of the appreciated asset for up to 20 to 25 years, even though a family trust can sell the asset to a third-party for cash in the very near future. The presentation will illustrate several income tax deferral techniques and demonstrate the income tax savings from the deferral using simple to follow numerical examples that an advisor can use to communicate the technique in an understandable manner.


Learning Objectives:
  • The financial advantages of income tax deferral
  • An explanation of several income tax deferral techniques
  • Which income tax deferral technique is the most appropriate for a particular asset

Level of Complexity: Advanced

CE: 1.0 hour CFP CE(pending) and 1.0 hour CPA CPE

Bio:

Jerome M. Hesch, Miami, Florida serves as an income tax and estate planning consultant for lawyers and other tax planning professionals throughout the country.  He is the Director of the Notre Dame Tax and Estate Planning Institute, on the Tax Management Advisory Board, and a Fellow of both the American College of Trusts and Estates Council and the American College of Tax Council.  An accomplished author, he published numerous articles, Tax Management Portfolios, and co-authored a law school casebook on Federal Income Taxation, now in its fourth edition.  He was elected to the NAEPC Estate Planning Hall of Fame. He received his BA and MBA degrees from the University of Michigan and a JD degree from the University of Buffalo Law School.  He is currently an adjunct professor of law.


Steven J. Oshins, JD, TEP, AEP (Distinguished)

Law Offices of Oshins & Associates, LLC in Las Vegas, Nevada



Session Title:
Fear Factor: Protecting Assets by Getting Into the Creditor's Head and Controlling His/Her Mind
Summary:

This presentation goes well beyond the typical asset protection presentation. The speaker will not only go through cutting-edge asset protection planning, but will also take a deep dive into the psychological gamesmanship that the skilled asset protection planner can utilize by making the structure so secure that the creditor will almost always settle the dispute or go away altogether. The so-called “fear factor” is real.


Learning Objectives:
  • Learn which asset protection strategy is the most protective of all
  • Learn what works and what does not
  • Learn how certain strategies affect the creditor’s mind-set

Level of Complexity: Advanced

CE: 1.0 hour CFP CE(pending) and 1.0 hour CPA CPE

Bio:

Steven J. Oshins, Esq., AEP (Distinguished) is a member of the Law Offices of Oshins & Associates, LLC in Las Vegas, Nevada. He is listed in The Best Lawyers in America® and was named the Las Vegas Trusts and Estates Lawyer of the Year in 2012, 2015 and 2018 and the Las Vegas Tax Law Lawyer of the Year in 2016 and 2020 by The Best Lawyers in America®.  He was inducted into the NAEPC Estate Planning Hall of Fame® in 2011.  He has been named the “Top Estate Planning Attorney of 2018” and one of the 24 “Elite Estate Planning Attorneys” in America by The Wealth Advisor and one of the Top 100 Attorneys in Worth.


Justin Miller, JD, LL.M, CFP

National Wealth Strategist, BNY Mellon



Session Title:
Top Tax Tips For Making Divorce Less Taxing
Summary:

Recent tax reform could make divorce a whole lot more taxing, and understanding the tax implications of divorce may be extremely helpful to tax, estate planning, and financial advisors – not just family law attorneys. Whether it is child tax credits, transfers of securities, dividing retirement accounts or determining spousal support, there are essential tax tips that can assist every practitioner. This program will provide advisors with a checklist that can be utilized in simple to complex divorce cases to assist with key tax issues.


Learning Objectives:
  • Learn how the tax treatment of spousal support payments changed after 2018
  • Become familiar with the tax consequences of dividing assets in a divorce, such as IRAs and qualified retirement plans
  • Understand how spousal trusts are now subject to taxation after a divorce due to the repeal of section 682, and how nongrantor trusts could be used as a creative settlement solution

Level of Complexity: Advanced

CE: 1.0 hour CFP CE(pending) and 1.0 hour CPA CPE

Bio:

As a national wealth strategist at BNY Mellon, Justin Miller works collaboratively with other advisors to provide comprehensive wealth planning advice to clients and their families. He also is an adjunct professor at Golden Gate University School of Law, a Fellow of the American College of Trust and Estate Counsel (ACTEC), and a sought-after speaker for tax, estate planning and family governance topics at major conferences throughout the country. In addition, Mr. Miller has published numerous articles, and he is frequently quoted as an industry expert in the media. He received a Master of Laws in taxation and a juris doctor from New York University School of Law and a bachelor’s degree, with honors, from the University of California at Berkeley.



Thank You to Our Sponsors