| Faculty: | George Cornell |
| Production Date: | June 27 2007 |
| Knowledge Level: | Intermediate |
| Prerequisites: | None |
Description
*This course provides 2.00 Financial Planning Credits.
As more and more clients seek to achieve independent financial and economic security, today’s attorney and accountant must be prepared to advise as to the correct Entity Formation and Wealth Preservation Strategies for these upwardly mobile individuals.
George V. Cornell, Esq. of THE CORNELL GROUP, P.L.L.C., shares his Asset Protection Strategies in this seminar. A general discussion as to the considerations, both pro and con in forming different entities such as a Limited Liability Companies (LLC), Family Limited Partnership (FLP) , S Corporations and a combination of these entities is discussed.
Mr. Cornell also touches on the use of Trusts and easy to comprehend Estate Planning Techniques to protect today’s investor or small business’s assets and preserve wealth for their family’s future. Examples are given on how to fund an LLC using self directed contributions allowing an investor to profit from asset appreciation while minimizing taxes. This seminar is relevant to the attorney and accountant wishing to learn more on the topics of Asset Protection and Heir Legacy or for the more experienced practioner familiar with many of the strategies discussed.
Learning Objectives:
I. What is asset protection.
II. Have knowledge of fraudulent transfers.
III. Find the difference between the common A.P Entities.
IV. Be aware of what an LLC does.
V. Foresee how one is able to invest in an IRA.
VI. Understand the function of a trust.
Instructional Method: Self-Study
FurtherEd is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State Boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: http://www.learningmarket.org
User Reviews
D Kenneth (Encinitas, CA)
well done & informative
Virginia (Huntington Station, NY)
Very well-prepared and knowledgeable speaker.
Jeffrey (Ballston Lake, NY)
Great overview.
Nicholas (Fort Myers, FL)
Nice Course
Lawrence (Rego PArk, NY)
Very helpful
Michele (Farmington Hills, MI)
Very interesting blend of estate planning advice and use of court cases as examples.
Edmond (sylmar, CA)
interesting but difficult
Lori (chicago, IL)
very knowledgable speaker
James (Buffalo, NY)
very useful
Thomas Edward (Taylorville, IL)
Well presented
Ronald (Downers Grove, IL)
Very informative.
Daniele (Red Bluff, CA)
He's actually a pretty good speaker
Ayhan (New York, NY)
great
John (Kingston, NY)
Family LP regarding real estate holdings especially helpful.
James (Lake Ronkonkoma, NY)
pretty thorough.
Hamid (New York, NY)
Very useful course.
David (Studio City, CA)
I wish there was more CA specific information, but what was presented was quite helpful
David (Salt Lake City, UT)
very well done. thank you
Joanna (Ewing, NJ)
Not exactly my area of the law, but it was informative.
Andrea (RANDLOPH, NJ)
intriguing
Daniel (Williamsville, NY)
out of my field but found it interesting
Glenn (Babylon, NY)
I will listen again as I like the subject matter..well done and I picked up a lot.
Peter (Loudonville, NY)
Very informative. Mr. Cornell knows his material inside and out.
Evan (New York, NY)
interesting info on various corporate entities.
Otto (Little Neck, NY)
Great information regarding ny llcs
Ronald (Glenview, IL)
I want to compliment you on Lawline's technology. Your courses start quickly and have played almost flawlessly. I appreciate the ease of using your system. I also like the wide variety of your course materials.
Kathryn (San Francisco, CA)
Ray (Riverwoods, IL)
Outstanding presentation. Well organized, undertandable and nicely presented
Kathleen V. (jersey city, NJ)
Great overview. Very informative, great advice of the direction to point my business clients/owners in.
Vanessa (Northbrook, IL)
Very interesting, I learned many new things about LLCs.
Ryan (Pasadena, CA)
Excellent program, good substance.
Harry (Pleasant Hill, CA)
Mr. Cornell is very informative and authoritative. Great presentation. Thanks.
Suzanne (Huffman, TX)
Very knowledgable speaker.
Emil (San Diego, CA)
Excellent coverage of the topic!
diane (New York, NY)
Very informative. Great job!
Anthony (Shoreline, WA)
Good Seminar
Carol (Granite Springs, NY)
interesting
Samuel (Syracuse, NY)
in depth
Stephan (Carle Place, NY)
good presentation
James (New York, NY)
While the subject matter was a bit over my head and I did not fully absorb all of Mr. Cornell's points, his presentation was an excellent introduction to the many strategies and aspects of this "multidisciplinary" legal practice, and a roadmap to some of the pitfalls to avoid and opportunities to explore. Thank you.
Anthony (Wilton, CT)
The speaker gave useful insights and was interesting
Robin (Chicago, IL)
Excellent!
I Matthew (Farmington Hills, MI)
It was a pretty good presentation. (As I watch more of these, I am getting to be more critical of who can keep me focused.)
Thomas (Evanston, IL)
Good, broad coverage of the topic with real life applications.
Hope (Moline, IL)
Professionally done.
Scott (Chicago, IL)
Informative.
Erin (Burbank, IL)
Great on the AP basics!
Charles (Albany, NY)
A more comprehensive, organized approach to the material would have made it more practical. Mr. Cornell's knowledge is impressive.
KATHY (Palos Heights, IL)
i know nothing on re corporate law. i found this interesting and very inform,ative. I would certainly watch anything he did again.
Terrence (Chicago, IL)
Excellent.
David (Lake Bluff, IL)
This was a decent broad presentation on asset protection measures.
Allan (Iron Mountain, MI)
Helpful
Marjorie (River Grove, IL)
Nice prsentation. Very informative.
Darwin (Roselle, IL)
very informative
Timothy (Marfa, TX)
A very dense course, full of good advice
christelle (Las Vegas, NV)
Very informative!
Raymond (Bedford, NY)
complex subject concisely and clearly explained
Steven (fort worth, TX)
Knowledgeable. Good substance.
Malcolm (Dunnellon, FL)
Excellent explanation(s)of how to best use IRAs to protect assets. Speaker also used excellent reiterations of salient concepts.
Matthias (Chicago, Illinois 60606, IL)
Helpful. Answered some questions I had.
Erik (Kingsport, TN)
very good
William J. (Princeton, NJ)
Good warnings about intricacies and complexities.
Barry (Muttontown, NY)
great
Alex (new york, NY)
Very well presented seminar. Thank you.
Richard (Wellington, FL)
Excellent presentation of complex material.
Savonala (Durham, NC)
well presented
Beverly (Charlotte, NC)
Engaging speaker; informative material.
Brian (Longwood, FL)
Best one so far :)
Michael (Cypress, CA)
good speaker ; valuable information
Albert (Wayne, NJ)
Informative
Michael J. (Arlington Heights, IL)
will be helpful in my practice.
Reginald (New york, NY)
excellent presentation !
George (Hunt Valley, MD)
Fantastic information and delivery. Extremely relevant to my practice!
Janet (Chicago, IL)
Very well presented material. Excellent speaker.
Burns (Ridgeland, MS)
Very Great , even better than the last , cant wait until the next ..thank you !!
Lawrence (Orlando, FL)
Terrific Speaker
Dr. W. Edgar (Greenville, SC)
enjoyed
MARY JANE (BALDWIN, NY)
loved it.
John (Waxahachie, TX)
Very well presented.
Nathalie (Washington, DC)
very interesting lecture about a topic that I was not very familiar with. Really enjoyable!
Kevin (Fountain Valley, CA)
informative
Jo (Chicago, IL)
Highly recommended.
Robert (Butte, MT)
Very interesting topic!
Benjamin (New York, NY)
Very good presentation
Wayne (Houston, TX)
Excellent presenter and material. This was well worth the time and money.
John (elmhurst, IL)
great program
Ray (Lewisburg, PA)
Seemed like a very practical guy.
Michael (Lake Forest, IL)
Excellent
Linda (Chicago, IL)
Excellent presentation on a topic that is difficult to teach.
JAMES (CHICAGO, IL)
Very informative and useful lecture.
Louis t. (Wilmette, IL)
Affable and knowledgeable speaker.
Batia (New York, NY)
very informative and practical
Gerard (hicksville, NY)
informative makes you aware of pitfalls and ramifications as well as benefits of various asset protection devices
Claudia (Newark, NJ)
Given the rise in use of LLCs, program very informative.
Anthony (Manhasset, NY)
very good
Jennifer (Dallas, AK)
Good speaker with interesting details on investment vehicles and their ethical implications.
zoltan (rochelle park, NJ)
excellent
Thomas (Maryland, NY)
Clear presentation of diffciult material
Zvi (Spring Valley, NY)
The material was, by nature, somewhat tedious, but the speaker did a fairly good job at presenting it -- especially the information about Family Limited Partnerships.
Binod (Woodside, NY)
excellent
Mary (Dallas, TX)
I appreciate the availability of this course!
George (New York, NY)
very useful.
Linda (Collinsville, CT)
Good presentation of a complicated subject.
Elizabeth (New York, NY)
Written materials helped illuminate the complicated subject-matter of the presentation.
Michelle (Santa Monica, CA)
good presentation - helpful California distinctions.
Kipling (Pflugerville, TX)
Enjoyed the explanation about using a Roth IRA in connection with a real property owning LLC.
Mark (New York, NY)
Alot of information regarding the Asset Protection and Wealth Preservation.
Anne (none, MA)
Good information
Joseph (New York, NY)
George Cornell was very clear in terms of explaining a Limited Liability Corporation that relates to asset protection.
Price: $60.00
Purchase Course (For CE Credit)Earn CE Credits
General Credits
| State | Credits |
|---|---|
| CFP | 2.00 |
| CPE | 2.00 |
Course ( Free )