Structuring the LLC with Future Generations in Mind
Live Webinar: Tuesday, September 25, 2018
10:00 a.m. to 11:00 a.m. Central / 11:00 a.m. to 12:00 p.m. Eastern
WEBINAR SNAPSHOT: Join this webinar to learn how to structure your clients’ LLC so that their needs, and the needs of future generations, are met and secure.
An LLC is an entity that combines the feature of limited liability for its owners pursuant to state law, and also provides pass-through tax treatment under federal and state tax laws in that an LLC qualifies as a partnership.
LLCs can prove to be a great instrument for providing what is known as “asset protection” to owners because the LLC’s assets in which the member has an interest are owned by the LLC rather than the member individually. In this sense, asset protection is the timely planning against possible future contingencies.
Based on whether your client has a single member LLC, a Series LLC, or an S-Corp, there are different tax treatments regarding the different entities. In this one-hour webinar, your presenter will cover what you need to be taking into consideration so that you may help your client plan for succession within their company.
Join Mr. Carson as he covers the following topics:
- Developments and Trends in LLCs – How We Got to Now
- The Revised Uniform Limited Liability Company Act (RULLCA) - What You Need to
- Organizational Basics – Formation and Operational Provisions
- Tax Considerations - Disregarded Entity vs. Partnership vs. S-Corp
- Single Member LLC – Limiting Liability after Olmstead
- Series LLC - Nuts and Bolts for TN Practitioners
- Funding an LLC – What Should and Should Not Be Used to Fund
- Using LLCs to Purchase Real Estate
- Using LLCs in Asset Protection and Multi-Generational Estate Planning
About Your Presenter
Jeffrey L. Carson, J.D., LL.M., CPWA®
Senior Vice President
Jeff is a member of our client service team with a focus on wealth strategies and planning. Immediately prior to joining the company he was a Senior Vice President and Senior Trust Officer with U.S. Trust, Bank of America Private Wealth Management, where he served as the senior fiduciary officer for the region. Additional previous experience includes serving as Managing Attorney for the Tennessee office of Vasallo Law, P.L., a Miami-based boutique tax and estate planning law firm, as Vice President and Trust Advisor for The Northern Trust Company, as Assistant Legal Counsel for the Southern Farm Bureau Life Insurance Company, and as an Attorney for Page, Kruger & Holland, PA.
Jeff received a Bachelor of Arts in Political Science from the University of Mississippi and his Juris Doctor (J.D.) from the Mississippi College School of Law. He has also received the Master of Laws (LL.M.) degree in Estate Planning from the University of Miami Law School. Jeff is actively involved in numerous community and professional organizations, including service as a Board Member of The Westhaven Foundation, The Planned Giving Council of Middle Tennessee, as well as the Executive Council of the Estate Planning and Probate Section of the Tennessee Bar Association, for which he served as Chair in 2016-2017. Jess is also an active member of the Estate Planning Council of Middle Tennessee, the Williamson County Bar Association and The Heritage Foundation of Williamson County. Jess if currently serving a five-year term as a Commissioner on the Historic Zoning Commission for the City of Franklin, Tennessee and is a Member of the District 6 Investigation Committee of the Tennessee Board of Law Examiners.