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Illinois Asset Protection Planning

Gain a better understanding of Illinois Asset Protection Planning to better advise your clients. Many practitioners are approached by their clients to assist them in protecting their assets. We will discuss not only the methodologies of various types of planning but also the timing of when such structure or structures is allowable. Asset Protection is in today's litigious society. It is an essential element of planning for high net worth clients, not only in their business and personal affairs but to also protect their assets to make certain they have an estate to leave to their beneficiaries. Asset Protection Planning becomes more of a necessity for a practitioner that represents clients in business, not only relative to net worth but also to such areas with a higher probability of risk and litigation. Will the structures you recommend and create be upheld upon a challenge? This topic will assist you in recognizing not only the forms of Asset Protection Planning, but also the viability and pitfalls before you advise your clients.


Runtime: 93 minutes
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Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

What Is Asset Protection Planning?

Why Use Asset Protection and Plan for It?

Is Asset Protection Planning Effective?

What Types of Asset Protection Planning Is Available?

What Illinois Statutes Exist to Provide Asset Protection?

What Federal Asset Protection Exists?

Trusts in Asset Protection Planning

Limitations on Creditor Attacks on Specific Structures

Combining Asset Protection Methods

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Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

OnDemand Webinar

Applications have not yet been submitted for Delaware, Idaho, Kentucky, Maine, New Hampshire, Ohio, Oklahoma, South Carolina, and Wyoming CLE for this course. However, if you are interested in obtaining CLE for any of the listed states or have any additional credit questions please email us at [email protected] or call us at 866-352-9540.

This course was last revised on January 23, 2018.

Call 1-866-352-9540 for further credit information.

  • IL CLE 1.5
     
  • This course was approved for a total of 1.5 hours of MCLE Credit by the Illinois MCLE Board.
     
  • WI CLE 1.5
     
  • This program has been approved by the Board of Bar Examiners for 1.5 hours for use toward the Wisconsin Mandatory CLE requirement.
     

To earn each credit Lorman offers through the OnDemand learning platform, you need to watch 100% of the program. Also, for certain credits you will need to fulfill additional requirements which will be displayed on the "credits" tab when viewing the course.

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

Audio & Reference Manual

  • IL CLE 1.5
     

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

MP3 Download

  • IL CLE 1.5
     

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

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More Program Information

Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

Christopher Hynes

Tax Law Solutions

Chris Hynes has a wealth of knowledge and experience as both a Tax Attorney and Certified Financial Planner, which makes him part of a select group of attorneys who are also CFPs (there are less than 2,000 in the US). Chris is also an adjunct faculty member of Massachusetts Continuing Legal Education (MCLE). Chris has also served as the National Director of Financial Services for Meridian Medical Practice Solutions, as Chief Finance Editor for Today’s Practice magazine, as radio host “Your Money Live Boston”, and has published and been cited in such publications as Fox Business News, Bloomberg Radio and Kiplinger’s Personal Finance. Most recently Chris was a panelist at the Texas-China summit regarding Tax-Efficient Investing in the United States.

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Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

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Questions? Call 877-296-2169 to speak with a real person.

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Product ID: 401485
Published 2018
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