Training Course Syllabus:

Provide Current, Informed Advice on These Versatile Entities

How does your understanding of current LLC practices stand up? Attending this comprehensive program is the best way to get the concise, current information you need to help your clients make intelligent choices regarding their LLCs. Enroll today and get up-to-date on the latest information.

• Draft articles of organization and operating agreements that protect the rights and interests of the parties involved.
• Are your clients in compliance? Learn state-specific regulations regarding LLC operations.
• Gain knowledgeable advice on tax matters from classification to self-employment tax.
• Prevent potential problems by helping clients adhere to mandatory securities law requirements.
• Show clients alternate uses for LLCs, including real estate, estate planning and joint ventures.

1. FORMATION AND OPERATION
   8:30 - 10:00, Robert C. Anderson and Gregg P. Benson.
   1. LLC Terminology - the Language of LLCs
   2. Drafting Articles of Organization
   3. Drafting the Operating Agreement
      1. Properly Structuring the Entity
      2. Buy-Sell Provisions
      3. Disassociation Provisions
      4. Tax Provisions
      5. Death or Retirement of a Member (or Possibly Redemption Issues)
      6. Exit Strategies
      7. Dissolution and Liquidation of the Entity
      8. Securities Issues
2. CURRENT UPDATES AND DEVELOPMENTS IN LLCs
   10:15 - 11:30, Robert C. Anderson and Gregg P. Benson.
   1. Nevada Legislative and Case Law Updates
   2. Hot Topics and Emerging Trends
3. IMPACT OF NEVADA STATE LAW ON LLCs
   11:30 - 12:45, Robert C. Anderson and Gregg P. Benson.
   1. Mergers and Conversions - Benefits and Pitfalls
   2. Single Member LLCs - Use of the Disregarded Entity in Transactional Planning
   3. PLLCs - Special Rules for Regulated Professions
   4. Asset Protection, Creditors' Rights and Exception to Limited Liability
4. UNDERSTANDING LLC TAX ISSUES
   1:45 - 3:15, Robert C. Anderson and Gregg P. Benson.
   1. 14 Deadly Sins Committed When Structuring and Operating LLCs
   2. Check-the-Box Classification System
   3. Allocations and Distributions
   4. Capital and Profit Interests
   5. Passive Activity Loss Rules
   6. Self-Employment Tax Planning
5. LLC SPECIAL USES
   3:30 - 4:40, Robert C. Anderson and Gregg P. Benson.
   1. To Hold Real Property
   2. For Estate Planning Purposes
   3. For Joint Ventures, Venture Capital Projects and Technology Ventures
   4. To Hold Tangible or Intangible Personal Property
   5. To Hold Life Insurance Policies

Seminar Summary:

Attending this comprehensive program is the best way to get the concise, current information you need to help your clients make intelligent choices regarding their LLCs. (see full course description)

print this agenda