Join industry expert Ross Bruch as he navigates the cutting-edge intersection of Artificial Intelligence and estate planning. This webinar will delve into the latest developments and policy shifts shaping AI’s role in estate and financial planning. Discover how AI-powered tools can enhance your practice, streamline complex processes, and offer innovative solutions tailored to your clients' needs. Ross will provide a comparative analysis of popular AI services, explore key ethical and compliance challenges, and guide you in formulating strategic AI queries to elevate your planning approach. Don’t miss this opportunity to stay ahead in the evolving landscape of estate planning.

• Participants will gain historical perspective on how Artificial Intelligence has become a powerful and useful tool to planners.
• Participants will learn how to design practical AI inquiries to assist with daily tasks and larger projects.
• Participants will understand some of the ethical and compliance concerns firms have for their planners using artificial intelligence.

In this session, you will learn how to make this a person-centered process and what the alternatives to guardianship are in our state and our country.  We will discuss the range of options to support legal decision-making, including supported decision-making agreements (“SDM”), Health Care Proxies, Powers of Attorney and more.

Most financial planners have a working knowledge of taxes for individuals, namely the Form 1040.   For many of us, the business tax planning can be unfamiliar territory.  We will start with the basics of “entity choice” and finish with the end of the business cycle, often a sale or merger.  In between, we will explore a few tax strategies for the meat of the business life cycle.  And if you are an owner in a financial planning practice, you will likely find tax topics that are in your enlightened self-interest.

In this Knowledge Circle guest speaker Chaya Biskin-Sitko, Esq. will give insight into how having wills in multiple countries plays out post-mortem. She will highlight potential problem areas to be aware of and plan around and will providfe practical information about what to do when a client passes away abroad.

When we think about family wealth and legacy, “wealth transfer” is usually the first thing that comes to mind. How do I maximize wealth transfer to the next generation? How can I minimize taxation using entity structures, insurance, and other special-purpose vehicles?

These tools are useful, but they are just a means to an end. Family mission and legacy planning is about defining what that “end” should be. Namely, it is about clarifying the purpose of your wealth.

In this session, Jeff Coyle, founder of Libretto and former advisor with 25+ years of experience managing ultra-affluent clients, will explore how successful families organize family capital and empower their children. In addition, he will discuss strategic philanthropy and explain how it can unify the family and impact society.

The session will culminate in a framework for developing family mission statements together with your clients.

Many investors trust their investment portfolios to index funds for broadly diversified market exposure at a seemingly low cost, based on a belief that this so-called “passive” investing approach helps them avoid subjective investment decisions. However, many active decisions lurk beneath the surface of index funds—and at potential cost to investors. 

Join Rob Harvey, Head of Equity Product Specialist at Dimensional Fund Advisors as he pulls back the curtain on indexing to expose these active decisions, evaluate the incentives of the parties involved, and explores what Dimensional believes is a better way.

• Gain an understanding of the active decisions behind so-called “passive” index funds.
• Examine the potential hidden costs of how index funds buy and sell stocks. 
• Explore a time-tested alternative that helps investors go beyond indexing.

Philanthropic professionals often interact and intersect with a donor’s professional advisors in the course and scope of the client’s philanthropy. This practical program discusses and identifies some best practices in the sometimes awkward or tricky relationship of a philanthropic professional on behalf of a charitable organization and a donor’s professional advisor.

• By the end of the presentation, participants will be able to appreciate the critical importance of the quality of the relationship between a philanthropic professional and the professional advisors of a donor or prospective donor in the chances of the donor or prospective donor making a significant gift.
• By the end of the presentation, participants will be able to understand what motivates both philanthropic professionals and a donor’s professional advisors and why it’s important to know this information
• By the end of the presentation, participants will learn some best practices for all advisor to work together

Created by Annalee Kruger and Bob Mauterstock, CFP®, co-founders of Plan4Life, LLC, and Robert Powell, CFP®, RMA, the Online  Elder Planning Specialist Program is a first-of-its-kind, 12-week online program designed to prepare serious financial advisers to meet the needs of their older clients. Research has shown that the fastest-growing age group is made up of those people 85 and older. In the past, these people were overlooked in the planning process.  But now advisers have discovered that planning does not end when clients reach retirement age. Clients’ needs can continue for another twenty or thirty-plus years!

Delivered in a cohort format, the Elder Planning Specialist program utilizes subject matter experts in several important fields to present meaningful video programs that cover such areas as legal planning, long-term care planning, end-of-life planning, and running a family meeting. Each week participants will have an opportunity to have a live discussion about that week's topic often moderated by the expert themselves. Discussion groups, weekly quizzes and a final project will measure each individual’s progress. At the end of the course, participants will feel confident that they can create an Elderplan® designed specifically for each of their own clients.

The weekly schedule includes the following:

• Week 1: Understanding the Aging Process and the Caregiver's Role
• Week 2: Diversity and Aging and Insights into Retirees 85 and Older
• Week 3: Legal Issues of Aging
• Week 4: Increasing Approaches to Planning for Extended or Long-term Care
• Week 5: Social Security and Medicare Planning
• Week 6: End of Life Planning/Ethical Wills
• Week 7: Diminished Capacity/Elder Abuse
• Week 8: Family Meeting
• Weeks 9: Building a Team/Marketing
• Week 10: Presentation Review and Discussion
• Week 11: Break - Week off
• Week 12: Presentation of Elder Plans

The program qualifies for 10 CFP® CE credits and is available to FPA members for $1,195 and nonmembers for $1,495. Participants receive a certificate of completion showing their specialized elder planning training.

Anticipate appx 3 hours a week---1 hour a week for live group discussion and 2 hours of learning content.

Week 1 will begin on September 16th, 2024. 

Following the course join us for the  Pioneer Mastermind ---value prop of the Mastermind membership:

• Weekly office hours to
• Implement course learnings into your business model
• Ongoing subject matter experts
• Real life case study discussion
• Ongoing resources, best practices, articles, and podcasts 
• Networking with your tribe!

1. Describe the aging nation crisis
2. Summarize the "bumpiness" of the aging process
3. List the elements of a comprehensive aging plan
4. Identify caregiver burnout
5. List solutions to family caregiving burnout.
6. List the reasons why seniors thrive when they move into a retirement or care community.
7. Describe a caregiver's role
8. Explain why an aging plan is critical

• On-demand webinars
• Live discussion webinars
  • Every Thursday at 1:00 PM MT
  • recordings will be available
• Exams
• Discussion prompts
• Supplemental Reading

Presenters will be available via email throughout each week.

Anna Rappaport - Anna Rappaport Consulting

Bob Mauterstock - Plan4Life, LLC

Annalee Kruger - Plan4Life, LLC

Bob Powell - Retirement Daily

Harry Margolis - Margolis & Bloom

Carroll Golden - C. Golden Consulting, LLC 

Paul Malley - Aging with Dignity

Marcia Mantrell - Mantell Retirement Consulting, Inc.

Susan Turnbull – Personal Legacy Advisors, LLC 

Terry Bradford Crane, BradfordCrane Company, LLC

Larry Pon wants to continue the tax conversation with you! Have questions? Larry has answers! Join us for a LIVE Q&A session where Larry answers your tax-related questions and provides up-to-date insight on laws and regulations. 

This month, Larry will be joined by guest Tiffany House and they will be discussing using CRTs with IRAs.

If you have questions ahead of time, you can send them to learning@onefpa.org. 

Who Should Attend?

Any helping professional interested in learning more about the utilization of Motivational Interviewing (MI) and Financial Advising.

Do you have clients who:

• Won’t save Money
• Spend too much
• Won’t implement recommendations (Estate Plan, Insurance, Savings, Tax Strategies)
• Panic when the market goes down
• Chase returns when markets go up (want to pick the best ETF)
• Never feel like they have enough
• Can’t make a decision about - Retirement, Moving into housing for the next phase of life, Changing Careers, Making a big Purchase and many more

And they won’t follow your advice! 

What you will learn in this course:

• The 3 Communication Styles: Directing - Guiding -Following
• How persuasion and advice-giving can be counterproductive in helping your client's progress toward reaching their goals
• How the concepts and skills of MI can help with better client outcomes
• How the concepts and skills of MI can help you become a better Financial Planner