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Incapacity planning guidelines for financial professionals

  • Accountant
  • CPA (US)
  • CFA
  • CPA/PFS
  • TEP
  • CSA
  • CFIRS
  • CWS
  • Course Description
  • Course Qualification
  • Presenter
  • FAQ

Course Description

Course Description

What is Incapacity Planning?

Although living longer allows us to enjoy more time with our loved ones, increased medical concerns and health issues are unfortunate consequences of aging. At the same time, the future is uncertain for individuals of any age, and a serious accident or sudden illness can strike at any time. The best way to protect yourself and your loved ones is to plan for incapacity before it happens. 

Though incapacity planning is often a heightened concern for seniors, the fact is anyone can sustain an illness or injury at any time. Irrespective of what stage you are in your life, the best way to protect your assets and your well-being is to consult with an experienced law and estate planning attorney.

For instance, a well-conceived estate plan involves preparing for the expected as well as unexpected possibility of becoming incapacitated. To deal with such a situation efficiently, the speaker is going to cover vast area with following topics:

  • The importance of Incapacity Planning in protecting assets
  • Important Incapacity Legal Documents and the possible consequences if you don’t have them
  • Long Term Care – The three ways of funding and the pros and cons of each method
  • Asset Protection Strategies
  • Preplanning Versus Crisis Planning
  • Using Estate Planning Attorneys as a resource in discussing Incapacity Planning

This webinar will be a useful value addition for the professionals who want to increase their basket of services and grow their business.

Click for more webinars on Trust and Estate Planning |Financial Planning |Tax Planning, etc

Learning Objectives

  • To recognize the importance of Incapacity Planning in protecting assets
  • To identify the importance of legal documents and consequences
  • To recall the three ways of funding long term care
  • To strategize asset protection
  • To differentiate between Preplanning and Crisis planning

Recommended For

  • This CPE webinar is recommended for CPA, CPA/PFS, Trust and Estate Practitioners (TEP), Financial planners and all other Professionals engaged in Financial Planning of their Clients

Who Should Attend?

  • Accountant
  • Accounting Firm
  • Accounting Managers
  • CPA (Industry)
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • Entrepreneurial CPA
  • Estate Planners
  • Finance Pros
  • Financial Planner
  • Licensed Financial Advisor
  • Personal Financial Specialist (PFS)
  • Senior Accountant
  • Staff of Accounting Firm

Course Qualification

Webinar Qualifies For

  • 1.5 CPD Credit for Trust and Estate Practitioners (TEP)
  • 1 CPD Credit of Fundamental Financial Planning Concepts for Personal Financial Specialist (PFS)
  • 1.5 PL Credit for Chartered Financial Analyst (CFA)
  • 1.5 CE Credit for Certified Senior Advisor (CSA)
  • 1 CPE Credit of Finance for Certified Public Accountants (CPA-US)
  • 1.5 CE Credit for Certified Fiduciary & Investment Risk Specialist (CFIRS)
  • 1.5 CE Credit for Certified Wealth Strategist (CWS)
  • 1.5 General Credit for Accountant/Bookeeper

Additional details

  • Course Level :
    Basic
  • Credits :
    1.5
  • Instructional Method :
    Group Internet Based
  • Pre-requisites :
    None
  • Advance Preparation :
    None

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MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.

Presenter

About Presenter

Glen Wagstaff

Managing Partner, Inter Vivos, PLLC

Practicing Attorney specializing in niche areas of Estate Planning and Probate law. Founding Member and Managing Partner of Inter Vivos, PLLC

Financial Consultant with experience in client relations, personal financial planning, group presentations, hiring interviews, and client consultations. 

About Company

Inter Vivos, PLLC

www.intervivosplan.com/

Our Mission:

To provide every family with access to quality estate planning that they can afford specific to their needs

Our Vision:

As a firm Inter Vivos, PLLC intends to become the first internationally recognized brand in quality estate planning services and to establish itself as an international law firm with offices in all fifty states and around the world. Inter Vivos intends to redefine the estate planning industry by carving out a new role for estate planning practitioners in niche planning within a troubled industry. By joining efforts, resources, and philosophies the firm as a whole will redefine the practice of law within estate planning by creating a new competitive model for practitioners within the industry.

Our Business Philosophy:

We Believe In:


  • Providing the highest quality of plans available at a reasonable cost
  • Maintaining long term meaningful relationships with our clients;
  • Working hand in hand with other professionals to provide a comprehensive planning experience which addresses a client’s holistic financial and legal situation;
  • Maintaining the integrity of legal practice within estate planning by providing ethical and affordable representation without condoning alternative solutions within the industry which would constitute the unauthorized practice of law;
  • Providing specialized representation rather than wandering into many separate areas of legal practice;
  • Providing adequate planning for any given client situation by providing affordable payment options without compromising the cost of those options; and in
  • Providing a platform for the dignified practice of law and a prosperous lifestyle to professionals working within the industry.

Our Approach to Planning:


A Life Plan

The greatest benefit of proper planning for most families is in protecting them against the risk of incapacity. Proper planning designates someone to manage affairs in your absence for when you are still alive but unable to do it for yourself.

 

A Transfer Plan

There are many costs which can affect the value of your estate and what is left to your heirs. A proper plan minimizes those costs by avoiding probate, planning around taxes, and properly funding entities.

 

A Family Plan

For many families the greatest concern after their passing is in making sure that everyone still gets along. Proper planning should incentivize proper behavior, avoid conflicts, and pass on your values to future generations.

 

Faq

FAQs content

  • To receive Continuing Education credit for the event, you must register for the webcast prior to the start of each program.
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  • Our courses meet the global Continuing Professional Development (CPD-IES7) Standard for Chartered Accountants with International Education Standard 7 (IES 7) set by The International Federation of Accountants (IFAC), the International Accounting Education Standards Board (IAESB) and the Association of Chartered Certified Accountants (ACCA). Based on our accreditation by existing IFAC members and affiliates, we believe learners can count their professionally relevant, verifiable learning activities on myCPE, including taking on demand courses and attending live webinars, toward fulfillment of their verifiable CPD-IES7 requirements. However, if there is any question, we recommend that the individual learner confirm with his/her professional licensing organization before taking myCPE courses for CPD-IES7 credit.
  • You can manage your continuing education certificates and credits through your certificate dashboard which is available when you are logged in to your account (LOGIN)
  • As an accredited provider of Continuing Professional Education in the United States, myCPE online learning platform, courses, and webinars meet the requirements set forth by the Institute of Management Accountants (IMA), an IFAC Member Organization, as well as the National State Boards of Accountancy (NASBA) and the Institute of Internal Auditors (IIA), both IFAC Affiliates. As well as it has been approved by NASBA, Internal Revenue Service (IRS), Certified Financial Planner Board (CFP Board), California Tax Education Council (CTEC), Society of Human Resource Professional (SHRM), Human Resource Certification Institute (HRCI) and many more.Therefore, we believe learners can count their professionally relevant, verifiable learning activities on myCPE, including taking on demand courses and attending live webinars, toward fulfillment of their verifiable continuing education requirement as CPD-IES7 requirements. However, if there is any question, we recommend that the individual learner confirm with his/her professional licensing organization before taking myCPE courses for CPD-IES7 credit.
  • myCPE Courses are taken by : CPA | CMA | CFE | CIA | CPA(Yellow Book)| CFP | CFA | CPA (Govt.) | EA | CRTP | MRTP | ORTP | ABV | CITP | CVA | PFS | CFF and others.

Ratings and Review

4.7

110 Ratings

Excellent

83

Very Good

22

Average

5

Poor

0

Terrible

0

JP

Jeff Piotrowski, CPA (US)

Oct 30th, 2020

great experience.

MB

Michael Blankenbecler, CPA (US)

Oct 1st, 2021

Excellent presentation.

JS

Jennifer Shelly, CPA (US)

Oct 29th, 2020

No comment

AS

Ashley Sanders, CPA (US)

Dec 2nd, 2021

Not entirely relevant to my job but good content

Incapacity planning guidelines for financial professionals

$15

1.5 Credits

Subject Area

Finance

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