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.
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.