Webcast

Representing Rollover Business Startup (ROBS) Clients

Streams live on Monday, March 29, 2021 at 01:30pm EDT

Taught by
Frank Selden
$ 99 Tax and Business, Corporate, & Securities In Stock
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Course Information

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Time 90 Minutes
Difficulty Intermediate
Topics covered in this course: Tax Business, Corporate, & Securities

Course Description

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:

  1. Recognize how a ROBS setup differs from typical corporations
  2. Identify legal issues involved in the setup
  3. Discuss how to plan requirements impact corporate representation
  4. Properly document subsequent investments from the Plan into the corporation
  5. Work through different plan or corporation termination scenarios 

Credit Information

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Faculty

Frank Selden

Frank Selden Law, PS

Frank uses his financial and legal backgrounds to create rollover business startups (ROBS) as a non-legal service. Frank served as a Judge Advocate (JAG) in the Washington Army National Guard for nine years and in Army Intel for 11, including two tours in Iraq. Frank is an expert at self-directed retirement planning, which he attributes to his work experience, active listening and creative thinking.

The joy of Frank’s life is spending time with his 4 children and 6 grandchildren, or boating in the Caribbean. He also loves to write, snorkel and hike.  

Education:

  • University of Washington, B.A. in Psychology and Political Science, 2000
  • University of Washington School of Law, J.D. 2003
  • Novus University , LL.M. in Taxation 2005