Owners of family businesses are challenged to navigate the many complex issues involved when transitioning the business from one generation to the next, including maintaining control during life, being fair to family members not in the business, and managing tax-related concerns. Traditional methods of transition range from a will to more complex planning involving leases and/or corporations or limited-liability companies (LLCs). An increasingly popular approach calls for the use of a Single Purpose Asset Protection Trust, or SAPTTM—an irrevocable pure grantor trust that offers several advantages over more traditional strategies. In this session you will hear how your clients can benefit from using an SAPT to help them maintain control of the company, ensure better asset protection—including protection of the business from the client’s personal liability, and enjoy a simpler level of annual maintenance.
Holly Geerdes has established herself as one of the premier trial and asset protection attorneys in the United States. Due to her experience and expertise, Attorney Geerdes also has extensive management and leadership experience in coordinating state-wide projects for professional legal development related to improving the caliber of attorneys, having trained everyone from novice attorneys to veteran judges on legal practice and the law. Her highly successful legal career in the state governments also enabled her to develop and maintain close ties with both the local State Legislatures and the State Bars to oversee and litigate the most important legal issues pending in the United States and the local States. Attorney Geerdes is now one of the most sought after attorneys to train lawyers across the United States in the area of estate planning, elder law, and asset protection, supervising over 50 attorneys in the United States who specialize in the complex area of asset protection.
Registration Fee: $19
Archive: The archive recording will be available after the webinar in your FSPgo account (on the My Account tab).
CE Credits: There are no CE credits available for this program.
12:00 pm – 1:00 pm ET
11:00 am – 12:00 pm CT
10:00 am – 11:00 am MT
9:00 am – 10:00 am PT
Note: This webinar was originally broadcast live on August 13, 2020.