Many advisors focus on the "Great Wealth Transfer," estimated to be around $124 trillion through 2048, projected to shift assets from Baby Boomers to their heirs. However, of this amount, approximately $54 trillion is expected to first be passed through inter-spousal transfers to widows, of which more than 95% is expected to go to women.Advisors should prepare married couples for intentionally transferring wealth through titling of assets, making irrevocable lifetime gifts, and structuring inheritances at death through trusts and outright bequests. This session will review the federal estate and gift tax exemption under the Tax Cuts and Jobs Act of 2017 (including the effects of any potential sunset or revision thereto), explore some of the various types of trusts for the benefit of a spouse, and discuss some common hypotheticals for planning for these married couples.With intentional and holistic planning, married couples can thoughtfully prepare, plan and protect for their future, especially upon the death of the first of them to die.(NOTE: The instructor for this course, Brian Balduzzi, Esq., Tax LL.M., MBA, CFP, CEPA, AEP, IPA, was previously qualified as an instructor for NAPFA as instructor #150408, for course #C27698.)
Many families have saved money for college, but most haven't saved enough money to cash flow college. Even well-prepared families often lack a clear strategy for how to use their education savings. This session will examine the ROI for a bachelor's degree, the purpose of the FAFSA (and why most families should complete it), the current gifting landscape, and strategies for using student loans effectively.
Investors often perceive their returns as a purely quantitative result of markets, risk, timing, or expertise. But emotions and behaviors can play an equally important role in performance. This presentation reviews the history and principles of behavioral psychology and explores the influence of emotion on decision-making. Using real life examples, we compare and contrast an investor’s narrative to that of a speculator and offer a framework for bridging behavioral finance and market efficiency. The presentation cites academic research and employs live audience-participation experiments to help attendees understand how people perceive investments and improve their thinking about wealth and the future. It will provide financial professionals with a framework for integrating these ideas into their investment plans.
We often hear from speakers on compliance topics. However, most never go through what the process is like from the advisor's perspective. The presenter of this session has been the subject of two standard SEC audits and will share real-life examples of what the process is like, essentially running though a mock audit for the attendees.Unlike traditional compliance presentations that focus on regulatory theory, this session will deliver a practitioner-led deep dive into the actual audit experience and draw from authentic case studies. Attendees will have the opportunity to have a hands-on approach to strategic considerations and practical challenges that define successful audit navigation. They will receive actionable frameworks for managing their own regulatory encounters with confidence and professionalism.
Many financial planners encounter clients with equity compensation, but fewer have a framework for clients who hold four grant types at once. This session delivers a practical, 201-level coordination framework for managing RSUs, ISOs, NQSOs, and an ESPP as an integrated portfolio rather than four separate planning problems. Attendees work through a real client case study, apply a grant sequencing model, and leave with an actionable tool they can use with clients. Suitable for advisors who already understand equity comp basics and those seeking to learn more, this session goes deep on cross-grant strategy, concentration risk, and AMT credit recovery.