Single Member LLCs
Can Easily Be Added to Your
Living Trust Practice!
(Affording Significant Asset Protection for Your Clients,
While Generating More Revenue for You!)
Asset protection is one of the hottest topics in estate planning today. But, many attorneys think that Asset Protection Planning only applies to very large, high net worth clients or think that it is too difficult to learn and do properly.
The fact is, a very important basic building block in asset protection, the Single Member LLC (or “SMLLC”), can be easily tied in with many middle-class Living Trust estate plans…if you know how.
Please join us and estate planning attorney, Mason D. Salisbury, J.D., for a special 90-minute presentation entitled, “How to Properly Set Up & Organize a Single Member LLC to Protect Your Client’s Assets”.
On this program, you will learn:
- How SMLLC’s, not only provide significant asset protection, but can assist in funding a client’s Living Trust
- How to prepare the client before your initial meeting, close more engagements, and make the drafting process more efficient by utilizing an SMLLC “Questionnaire”
- How to simply and effectively explain to clients how SMLLC’s work and sell them in your meetings by just drawing out a few “boxes”
- 11 key provisions that should always be included in an SMLLC Operating Agreement (and how to properly coordinate them with the client’s Living Trust)
- What other documents (and specific provisions in them) should be included in a complete SMLLC “Package”, such as:
- Certificate of Authority
- Assignment of Contract
- Bill of Sale
- Promissory Notes
- “Attorney Letter” on future SMLLC operation for the client
- How to set up your forms so you can easily and quickly produce all of these SMLLC documents for your clients
- And much, much more!
- Program Title: How to Properly Set Up & Organize a Single Member LLC to Protect Your Client’s Assets
- Speaker: Mason D. Salisbury
- Duration: 90 minutes
Mason D. Salisbury
J.D.
Mason is a 25-year member of the South Carolina Bar and a partner of the Law Office of Pelzer and Salisbury, LLC. He earned his undergraduate degree in jurisprudence from the University of Baltimore and graduated from the University of Baltimore School of Law in 1987, with honors and as a member of the Law Review. Early on in his career, Mason gained a great deal of experience in asset protection while representing the Federal Deposit Insurance Corporation and the Resolution Trust Corporation as South Carolina outside counsel in a bank failure related litigation matter.
During his work as a creditors’ attorney Mason developed a healthy respect for the asset protection potential of properly organized limited liability companies and has since developed his own LLC system and LLC operating agreements. Two of Mason’s LLC operating agreements appear in the current Limited Liability Company Handbook, 2013 – 2014 Edition, published by Thomson Reuters Westlaw.
Over the last 15 years Mason transitioned his practice away from going to court and creditor representation to focusing exclusively on estate planning, elder law, inheritance protection, and asset protection.
IMPORTANT NOTICE REGARDING CE CREDIT
The Ultimate Estate Planner, Inc. and the presenter are not registered Continuing Education Sponsors and this program is not pre-approved for continuing education credit for any state or regulatory agency.
However, please note that each program includes a Certificate of Completion and, depending on the license and the regulatory agency for which governs a participant’s CE credit, some professionals may be able to self-report his or her participation and receive credit. It is the responsibility of the participant to complete any process necessary to seek self-reported CE credit for his or her participation. By registering for a teleconference (or purchasing on On-Demand program), you understand that CE credit is not guaranteed or warranted by the presenter or The Ultimate Estate Planner, Inc.
I thoroughly enjoyed your presentation and I am also glad that I decided to purchase the entire package. I see a great future using your materials. They are much more extensive than I could have imagined. It not only trains the attorney and his staff (if he has one) but it becomes a good training for the client as well.