Parent & Grandparent Life Insurance Gifting: Unique Uses of this Tax-Advantaged Property sponsored by F.N.B. Wealth Management
Please arrive at 11:30 am for networking time in advance of lunch.
Lunch will be served at noon with the meeting beginning at 12:20 pm.
Annual Accredited Estate Planner® Designation Recognition Luncheon
About the Program
Much has been written in the estate planning press about the looming inter-generational wealth transfer taking place in our country today. We read about FLP's, IDGT's and their derivatives, but there is another form of intergenerational gifting which has not received as much attention but can deliver high long-term value, at relatively low cost… life insurance. This presentation will address the parent and grandparent life insurance gifting strategy and share techniques to achieve the best results, both financial and emotional, of this unique, tax-advantaged property. This form of gift property will be practical for the donor of modest wealth, as well as the donor of a level of wealth at the Federal exemption level, and beyond. Our presenter will share several interesting cases from his files.
About the Speaker
Howard Edelstein has been involved in the insurance and financial services business for over 40 years and his areas of expertise include employee benefits planning, succession planning, estate planning, and asset protection planning. A well-known commentator on benefits and estate planning topics, Howard has been a guest lecturer at Case Western Reserve University School of Law, and has been a faculty member of the Baldwin Wallace University Family and Small Business Institute. He has made multiple appearances on radio and television and has been published in many well-known publications. Howard began a full-time career in the insurance and employee benefits business in 1969 as a Northwestern Mutual Life special agent and maintains a relationship with that carrier still today. Howard is also the most recent recipient of EPC Cleveland’s 2016 Distinguished Estate Planner award.
Dana Marie DeCapite ∙ 2016-2017 Program Chair
Reservation Policy – All attendees are encouraged to register in advance and walk-in reservations will be accepted on a space-available basis only. Meeting cost is $25 for members when paid in advance before noon 09/12/16, $40 for members at the door, $40 for guests, and $200 for a table of six (please submit names to admin@epccleveland.org by 09/09/16). If you reserve and are unable to attend, please call the office to cancel by noon 09/12/16 to avoid a no-show reservation billing.
Continuing Education – EPC Cleveland will request credit for this program from the CFP® Board of Standards for CFP® designation holders. In addition, a certificate of completion will be available for those CTFAs, CPAs, and CWS designees who feel the program satisfies their continuing education requirements.
To reserve, click "Register Now" below.
This event is sponsored by:
Parking Options-
Option 1: Reduced parking fees are available on a space-available basis at Ampco Euclid Gateway Garage (740 Euclid Ave., entrances on Euclid & Prospect) to those who enter after 11:01 am and exit before 2:29 pm. Guests should present ticket to the reception desk at The City Club for validation. After validation and if within the timing restrictions, the parking fee is $3.
Option 2: Through a special arrangement between The City Club and The Metropolitan at the 9 (2017 E. 9th Street, Cleveland, Ohio 44115), guests are able to take advantage of a $10 valet rate. To take advantage, tell the valet you are attending an event at The City Club. Once at The City Club, pick up a blue ticket from the reception desk. Present this ticket to the valet upon claiming your car. This option is available to those who park at or later than 11:01 and pick up their vehicle before 2:29 pm.
*Prices and timing restrictions subject to change without notice.
