Avatar Avatar
Avatar

Non-Charitable Private Foundations: A Hybrid Entity That Can Provide Effective Asset Protection, Flexibility and Cost Savings



Watch Now!
Recording and Slides are Available Here



Many practitioners are unaware that Wyoming and New Hampshire have created an entity fashioned after foreign law called a statutory private foundation which, unlike the private foundations we are all familiar with, are non-charitable and are generally used to benefit private interests.

 

These entities are relatively new to most practitioners, and there is a lack of information regarding how these entities can be used and the benefits they may provide.  The presenters believe that Wyoming and New Hampshire have done a good job in domesticating these entities for the benefit of families in the United States and throughout the world. In many situations these entities will provide excellent creditor protection, family benefits and cost savings for well represented individuals and families who use them.  

 

The presenters would like to thank Alexander Bove for his excellent Leimberg Information Services article titled Building a Better Private Foundation, Wyoming’s Gamble, which was published in Leimberg’s email newsletter as archive message number 2743.

 

Please join Alan Gassman John Beck and Leslie Share for this 60 minute straight to the point program on Non-Charitable Private Foundations: A New Innovative Entity That Can Provide Asset Protection, Flexibility and Cost Savings, which will include a review of how to avoid offshore trust IRS and other filing obligations by using Private Foundations instead of Offshore Trusts, sample forms, and the following:

 

1.         What are Wyoming and New Hampshire private foundations and how are they operated?

 

2.         Strategies to use both foreign and non-charitable private foundations for asset protection purposes.

 

3.         Strategies to use non-charitable private foundations for estate planning purposes.

 

4.         How these entities are taxed and an explanation of the uncertainty surrounding how other states and the federal government will view these entities.

 

5.         How these entities can be used to save or reduce ongoing administration expenses.

 

6.         Potential for the creator and grantor of the private foundation to be a beneficiary while still receiving a certain level of asset protection.

 

7.         Why foreign foundations can be better than offshore or domestic asset protection trusts in many situations. 

 

And much more. .



There will be no CE for this webinar


For those who have a conflict with the date/time, The session will be recorded. Simply register and you will have unlimited access to the recording.

Although they are scheduled for a particular time and date - once purchased - they can be viewed at ANY TIME!.

If you are not a LISI member please use the Buy Now Button below to pay the non-member price of $149.

Registrant Email:

After you pay you will be sent a link with the registration information. Your webinar registration is designed for one individual user and groups up to 5 individuals. Sharing beyond this is not permitted. If you are interested in group access to our webinar content, please send an email to lisiwebinars@gmail.com

If you have any questions, please contact webinaradmin@leimbergservices.com

NOTE: To pay using a credit card, use the botton labeled
"Pay with Debit or Credit Card" after clicking the Buy Now button below.

If you are a LISI member, please login below to receive the member price of $129 for this webinar.

Forgot Password?

To become a LISI member Click Here

Alan S. Gassman, J.D., LL.M., is a partner in the law firm of Gassman, Crotty & Denicolo, P.A., and practices in Clearwater, Florida. He is a frequent contributor to LISI, and has published numerous articles and books in publications such as BNA Tax & Accounting, Estate Planning, Trusts and Estates, Interactive Legal and Haddon Hall Publishing. The Alan Gassman Channel at Interactive Legal has recently opened, and features many books and resources, including many Florida and Federal based materials, forms and resources. He is also the Moderator for Bloomberg BNA's 2017 Estate Planning Webinar Series. On February 24th Alan and his partners Christopher Denicolo and Ken Crotty will present a Bloomberg BNA Webinar at 12:30 EST on Innovative Trust Planning for Uncertain Times. You can contact Alan at agassman@gassmanpa.com for more information with respect to these programs. 



Avatar

Bob Keebler

October 21, 2020 1:00 PM ET - 2:30PM ET ET

Sales to Grantor Trusts – In a Low Interest Rate Economy - 2020 Update - A Special Re-Broadcast

More Info
Avatar Avatar Avatar

Jonathan Blattmachr Martin Shenkman Teresa Bush

October 21, 2020 3:00PM ET - 4:30PM ET ET

Post Election Planning: The Coming Storm for Estate Planners and Their Clients - What Practitioners Should Do Now - A Special Re-Broadcast

More Info
Avatar Avatar

Paul Hood Ed Morrow

October 22, 2020 3:00PM ET - 4:30PM ET ET

Directed Trusts: The Veg-O-Matic™ of Estate Planning

More Info
Avatar Avatar

Bob Keebler Jonathan Blattmachr

October 22, 2020 1:00PM ET - 2:30PM ET ET

Income Taxation of IDGT Sales and Promissory Notes During Life and After Death - A Special Re-Broadcast

More Info
Avatar Avatar

Alan Gassman and Christopher Denicolo

October 23, 2020 1:00PM ET - 2:30PM ET

Tax Planning for Insolvency and the Discharge of Indebtedness: What Business & Tax Planning Professionals Can Do to Reduce Taxes and Avoid Unpleasant Surprises

More Info
Avatar

Mark Merric

October 23, 2020 3:00PM ET - 4:30PM ET

Part 3: Mark Merric’s Three-Part International Estate Planning Series

More Info
Avatar Avatar

Alan Gassman and Brandon Ketron

October 28, 2020 3:00PM ET - 4:30PM ET

DYNAMIC AND CREATIVE STRATEGIES FOR 2020 YEAR END PLANNING

More Info
Avatar Avatar

Bob Keebler Jonathan Blattmachr

October 29, 2020 3:00PM ET - 4:30PM ET

Income Taxation of IDGT Sales and Promissory Notes During Life and After Death

More Info
Avatar Avatar

Ed Slott, CPA/AEP and Bob Keebler CPA/PFS, MST, AEP

October 30, 2020 1:00PM ET - 2:30PM ET ET

Year-End Income Tax and Estate Tax Planning for the Mass Affluent

More Info
Avatar

Bob Keebler

October 30, 2020 3PM 4:30 pm ET ET

NEW PPP LOANS: Phase 4 Coronavirus Package – A First Look

More Info
Avatar Avatar

Eric Naison-Phillips Scott Bowman

November 5, 2020 3:00PM ET - 4:30PM ET ET

Investor Control & the Private Placement Life Insurance Market: Truths, Half-Truths and Falsehoods

More Info
Avatar Avatar

Paul Hood Ed Morrow

November 12, 2020 1:00PM ET - 2:30PM ET ET

The Intersection of Portability and Blended Families: No Man’s Land?

More Info
Avatar

Michael Geeraerts

November 13, 2020 3:00PM ET - 4:30PM ET ET

The Special Purpose Insurance LLC - What the Sophisticated Advisor Needs To Know!

More Info
Avatar

Rick Jaye

November 19, 2020 3:00PM ET - 4:30PM ET ET

ESOPs: What the Sophisticated Advisor Needs To Know

More Info
Avatar

Mark Merric

November 20, 2020 3:00PM ET - 4:30PM ET ET

Part 1: Mark Merric’s Asset Protection Trilogy

More Info
Avatar

Mark Merric

December 18, 2020 3:00PM ET - 4:30PM ET ET

Part 2: Mark Merric’s Asset Protection Trilogy

More Info
Avatar

Mark Merric

January 22, 2021 3:00PM ET - 4:30PM ET ET

Part 3: Mark Merric's Asset Protection Trilogy

More Info