Representing Rollover Business Startup (ROBS) Clients
1h 30m
Created on March 29, 2021
Intermediate
$99
Overview
A Rollover Business Startup (ROBS) scenario occurs when entrepreneurs invest retirement savings into their business endeavors, potentially creating significant legal and tax consequences. This program details the legal issues involved in setting up, maintaining, and dissolving a ROBS funded company. Attendees will learn to distinguish the critical differences in representing personally funded businesses versus a client using their qualified funds.
Learning Objectives:
- Recognize how a ROBS setup differs from typical corporations
- Identify legal issues involved in the setup
- Discuss how to plan requirements impact corporate representation
- Properly document subsequent investments from the Plan into the corporation
- Work through different plan or corporation termination scenarios
Gain access to this course, plus unlimited access to 2000+ courses, with an Unlimited Subscription.
Explore Lawline Subscriptions