CONTINUING EDUCATION FOR TAX & FINANCIAL PROFESSIONALS

Asset Protection: Creative Ways to Keep What's Yours

Icon_Self-Study
Self-Study
Icon_Level
Overview
Credits
CPE Credits
2 Credits: Taxes

Course Description

The current litigation explosion has created tremendous Interest in asset protection. This area has dramatic financial and estate ramifications and also directly impacts tax planning. This course is designed to survey opportunities for asset protection that can arise during tax planning and to determine how to properly report such transactions. Author Danny Santucci clears up some of the common misconceptions about asset protection and gives useful advice you can use to help your clients avoid fraudulent transfers.

Learning Objectives

Upon successful completion of this course, participants will be able to:

  • Note the main reasons for asset protection, common misconceptions, and goals associated with undertaking asset protection measures
  • Recognize what constitutes a fraudulent transfer and how to structure asset protection planning transfers so that they are not fraudulent
  • Identify the various types of insurance, noting their defining characteristics and how life insurance can be used as an asset protection vehicle
  • Note how the various types of entities relate to asset protection as well as how the various types of joint ownership of property and various trusts directly impact asset protection and tax liability
  • Recognize the concepts of common law property, community property, and equitable ownership, noting which states base distribution laws on those concepts
  • Identify asset division principles, noting their effect on the division of assets
  • Recognize the components of premarital and post-nuptial agreements, noting how they can be used to advise clients on individual asset protection

Course Specifics

Course ID
8132138
Revision Date
March 3, 2020
Advanced Preparation

None

Compliance information

NASBA Provider Number: 103220
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-T-00369-13-S
IRS Federal Tax Law Credits: 2
CTEC Provider Number: 2071
CTEC Course Number: 2071-CE-0419
CTEC Federal Tax Law Credits: 2

Course Instructor

Danny Santucci Headshot
Danny Santucci, JD

Danny Santucci, BA, JD, is a prolific author of tax and financial books and articles. His legal career started with the business and litigation firm of Edwards, Edwards, and Ashton. Later he joined the Century City entertainment firm of Bushkin, Gaims, Gaines, and Jonas working for many well-known celebrities. In 1980, Danny established the law firm of Santucci, Potter, and Leanders in Irvine, California. With increasing lecture and writing commitments, Danny went into sole practice in 1995. His practice emphasizes business taxation, real estate law, and estate planning. Speaking to more than 100 groups nationally each year, he is known …

Danny Santucci, JD Read More »

Asset Protection: Creative Ways to Keep What's Yours

Expert Instructors
Format
CPE CREDITS
2 Credits: Taxes

$58.00$78.00

Clear
Icon_Self-Study
Self-Study
Icon_Level
Overview
Credits
CPE Credits
2 Credits: Taxes

Course Description

The current litigation explosion has created tremendous Interest in asset protection. This area has dramatic financial and estate ramifications and also directly impacts tax planning. This course is designed to survey opportunities for asset protection that can arise during tax planning and to determine how to properly report such transactions. Author Danny Santucci clears up some of the common misconceptions about asset protection and gives useful advice you can use to help your clients avoid fraudulent transfers.

Learning Objectives

Upon successful completion of this course, participants will be able to:

  • Note the main reasons for asset protection, common misconceptions, and goals associated with undertaking asset protection measures
  • Recognize what constitutes a fraudulent transfer and how to structure asset protection planning transfers so that they are not fraudulent
  • Identify the various types of insurance, noting their defining characteristics and how life insurance can be used as an asset protection vehicle
  • Note how the various types of entities relate to asset protection as well as how the various types of joint ownership of property and various trusts directly impact asset protection and tax liability
  • Recognize the concepts of common law property, community property, and equitable ownership, noting which states base distribution laws on those concepts
  • Identify asset division principles, noting their effect on the division of assets
  • Recognize the components of premarital and post-nuptial agreements, noting how they can be used to advise clients on individual asset protection

Course Specifics

Course ID
8132138
Revision Date
March 3, 2020
Advanced Preparation

None

Compliance information

NASBA Provider Number: 103220
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-T-00369-13-S
IRS Federal Tax Law Credits: 2
CTEC Provider Number: 2071
CTEC Course Number: 2071-CE-0419
CTEC Federal Tax Law Credits: 2

Course Instructor

Danny Santucci Headshot
Danny Santucci, JD

Danny Santucci, BA, JD, is a prolific author of tax and financial books and articles. His legal career started with the business and litigation firm of Edwards, Edwards, and Ashton. Later he joined the Century City entertainment firm of Bushkin, Gaims, Gaines, and Jonas working for many well-known celebrities. In 1980, Danny established the law firm of Santucci, Potter, and Leanders in Irvine, California. With increasing lecture and writing commitments, Danny went into sole practice in 1995. His practice emphasizes business taxation, real estate law, and estate planning. Speaking to more than 100 groups nationally each year, he is known …

Danny Santucci, JD Read More »

Asset Protection: Creative Ways to Keep What's Yours

Expert Instructors
Format
CPE CREDITS
2 Credits: Taxes

$58.00$78.00

Clear