e Vol. 13, No. 5 JANUARY 2014 The Society News Kansas City Chapter Charitable Tax Planning Is Alive and Well January 8, 2014 Ronald D. Philgreen, CLU, ChFC Join us on January 8th to listen to an expert on charitable tax planning. Ronald D. Philgreen, CLU, ChFC is the founder and Executive Director of The Charitable Planning Institute. Ron is a nationally known lecturer on Charitable Tax Planning with over 1,500 seminars conducted from coast to coast, including ten appearances as the prestigious Million Dollar Round Table s (MDRT) Annual Meeting and one appearance at the MDRT Top Of The Table. Ron will discuss various strategies for charitable remainder unitrusts as well as charitable lead annuity trusts. He will provide various case studies to illustrate his points. Ronald D. Philgreen, CLU, ChFC, is a Charitable Tax Planning Specialist. Having specialized in Charitable Tax Planning since 1968, Ron has produced over 1,900 charitable planning cases. And in the process, raised several hundred million for charity. Ron has in inventory twenty-three prototype Charitable Tax Planning Strategies Spread Over Nine Major Fields of Estate, Tax and Financial Planning which provide critical solutions that traditional approaches miss entirely. These strategies are designed to reduce income taxes, Reduce exposure to long term capital gains taxes, and Federal Estate Taxes By Converting Involuntary Philanthropy Into Voluntary Philanthropy. Program, which has received wide acceptance and utilization throughout the financial services industry as an effective marketing and communication tool. Using the visual analogy of a Charitable Bucket, he tells the story of Charitable Tax Planning, and sells the sizzle in one-on-one presentations and The group seminar format as well. One hour of CE credit is available for Kansas, PACE, CPE. Missouri, CLE and CFP credit are pending. Date: January 8, 2014 When: 7:30 am - 9:00 am Where: Fees: The Hereford House, 501 Town Center Plaza, Leawood, KS N/C for members; $20 for NE Chapter; $35 for guests Join us for this insightful presentation and be sure to bring a guest! Our meeting sponsor is: Ron is the author and publisher of an innovative Charitable Bucket Software / Video / DVD 8826 Santa Fe Drive, Suite 208, Overland Park, KS 66212 (913) 381-4458 (913) 381-9308 fax sfsp@sbcglobal.net
A World of Opportunity: Planning for Foreign Nationals National Audio Conference January 14, 2014 12:00-1:00 pm ET Foreign Nationals are a growing demographic, and many who regularly visit, do business, or own property in this country are unaware of the potential tax exposure they face. For Foreign Nationals, or someone married to one, issues of gift and estate taxes can be daunting and costly if not properly managed. A survey of recent immigrants to the U.S. with a net worth of $10 million or more found that less than 10% sought financial advice that could minimize U.S. estate taxes. Join us and learn what you need to know to help preserve client assets and minimize transfer taxes for this rapidly growing market. Attendees Will Learn: Market Opportunity: The size and location of the growing Foreign National population The Importance of Planning: Addressing financial issues and concerns that the client may not even be aware of Simple Solution: The many benefits of life insurance in planning for Foreign Nationals Featured Speakers: John Oliver, CLU, ChFC, MBA, is vice president, field development, for Transamerica. John leverages decades of experience in the life insurance industry to develop sales concepts that help producers be better advocates for customers. He provides distributors with guidance on the use of life insurance for legacy planning, elder care and special needs planning, asset protection, premium financing and foreign nationals. A popular lecturer, John has presented more than 300 continuing education seminars to life insurance agents, attorneys and certified public accountants, and has spoken at the Million Dollar Round Table and the American Bar Association: Real Property, Probate and Trust Law Section. His articles on advanced planning with life insurance products have appeared in National Underwriter, Investment Advisor and the Journal of Financial Service Professionals. John received a Bachelor of Science degree in business management from San Diego State University, where he also earned his Masters of Business Administration with an emphasis in finance. He holds CLU and ChFC designations. John Greenwall, JD, CLU, MBA, consultant, advanced marketing, for Transamerica, draws from his prior experience as a banking law attorney where he counseled business executives and litigated in bankruptcy and tax. Today, he consults with producers on the use of life insurance in various advanced concepts. His expertise includes planning for Foreign Nationals and case design for premium financing and split dollar arrangements. Before coming to Transamerica, John practiced at the banking law firm of Marcin Lambirth LLP. He worked for the United States Bankruptcy Court, the Los Angeles Superior Court, and the Internal Revenue Service while in law school. He also worked for several years in financial services at First Data Corporation and Washington Mutual. John graduated from Harvard University with a Bachelor of Arts degree in Linguistics. He earned his Masters of Business Administration from Pepperdine University, his Juris Doctor from Southwestern Law School, and holds a CLU designation. He is a member of the state bars of California and Nevada. Invite your colleagues and associates to benefit from this audio conference at no additional charge when you register for the program. Go to www.financialpro.org to register. FSP members receive a 10 percent discount The PT Services Group opens the door to new prospects and new business for financial services and insurance professionals. New prospects, to us, means connecting you to opportunities that you would not uncover with your current network of colleagues and clients. We provide you with another source of new business that continues to generate new contacts without unnecessarily taxing your time. These new business opportunities can come in the form of appointment setting, business intelligence, or data collection. Ready to grow your business? Connect with us to set up a program custom-built to fit you, your business, and your goals. Learn about discounts available to FSP Members at www.financialpro.org 2 The Society News January 2014
Our Corporate Sponsors Study Group... Planning Your Exit Strategy January 22, 2014 4:00-6:00 pm CoreFirst Bank and Trust 12220 State Line Road Leawood, KS Join us on January 22nd for a study group that will discuss succession planning. There are two options for succession: you can pass it on to the next generation or a business partner; or sell it to a third party buyer. We will take a look at both options. The group will discuss from 4-5 pm, among other things, setting a plan for succession, making the sale go smoothly, and then planning for life after the sale. This will be followed by networking with food and drink from 5-6 pm. This study group will have one hour of CE available. There is no Making the Sale Go Smoothly FOR SALE SOLD charge for this event. To register, send an email to sfsp@sbcglobal. net. 3 The Society News January 2014
Mark Your Calendar for these Upcoming Events January 8, 2014 Roundtable Charitable Giving 7:30-9:00 am - The Hereford House Ron Philgreen, CLU, ChFC January 22 Study Group 4:00-6:00 pm - CoreFirst Planning Your Exit Strategy February 12 Roundtable 7:30-9:00 am - The Hereford House Qualified Plans March 12 Roundtable Insurance Ethics 7:30-9:00 am - The Hereford House Jim Boldt, Allstate April 9 Roundtable Long Term Care 7:30-9:00 am - The Hereford House Panel May 14 Annual Meeting James Lammers 7:30-9:30 am - THe Hereford House FSP National President Study Group April 23, 2014 2014 Arizona Institute January 26-30, 2014 Phoenix Marriott at the Buttes Tempe, AZ The Institute is a unique learning experience 4 days of intensive, in-depth education in a small classroom environment. 4 The Society News January 2014
Since our founding in 1985, VSR has taken pride in our stability and growth. We attribute it to the many loyal, committed relationships we have developed with successful independent financial Representatives who appreciate our enthusiasm for client service. VSR provides our Reps with an atmosphere and attitude of freedom, the encouragement for independence and the support for reaching a desired level of success. VSR also places a heavy emphasis on supporting the Kansas City community through our involvement in local organizations such as SafeHome, Harvesters, Don Bosco, Habitat for Humanity, 1X1 Project, Komen Foundation, and many more. 8620 West 110th Street Overland Park, KS 66210 Phone: 913-498-2900 www.vsrfinancial.com Personal Service. Professional Freedom. 5 The Society News January 2014
Support your local Sheriff - the President s Circle By Mike O Neill The FSP Kansas City Chapter is celebrating its 80 th year and with that milestone we would like to introduce the President s Circle. We have eight members so far and would love to add several more. The President s Circle is simply a way for our long time members and past chapter leaders to show support/sponsorship for the chapter and for the current chapter President (aka Sheriff). Consider providing a $100 President s Sponsorship to the Chapter and join the President s Circle. James Boldt, CLU, ChFC, LUTCF Jim Boldt and Associates, LLC Bret Guillaume, CFP Mader & Shannon Wealth Management Maris Haster, CLU, FLMI Haster and Associates www.financialpro. org/kansascity BOARD OF DIRECTORS Officers President Kevin L. Petracek, CFP, JD, LLM, CPA (913) 385-9400 kpetracek@parmanlaw.com Vice President Jeffrey T. King, MBA (816) 468-7334 jeff.t.king@edwardjones.com James Mader, CLU, ChFC Mader & Shannon Wealth Management William Magee, CLU, ChFC, CEBS BMO Retirement Services John Martin, CLU, CAP Matthew McAvoy, CLU, ChFC, MSFS, MS Target Insurance Services, Inc. Michael O Neill, CPA/PFS, CLU, ChFC Mariner Wealth Advisors, LLC REGISTRATION FORM Name Phone Company Email Please sign me up for January 8, 2014 Roundtable N/C members, $35 guests, $20 for NE Chapter Secretary Jason Hannaman, CPA, CEBS (913) 234-1000 jhannaman@mhm-rps.com Treasurer Rusty Gallagher (913) 647-9700 rusty.gallagher@marinerwealthadvisors.com Past President James W. Boldt, CLU, ChFC, LUTCF (913) 948-7209 jimboldt@allstate.com Directors Donald E. Childers, CLU, ChFC (913) 341-4829 doncinkc@gmail.com William G. Kanaga, CFP, MBA (913) 248-6710 wkanaga@cbtks.com Jon Stanfield, J.D. (913) 234-8306 jstanfield@vsrfs.com Tim L. Vannoy, CLU, ChFC, CFP (913) 403-5828 timv@targetins.com Executive Director Sandra L. Sabanske, MBA (913) 381-4458 sfsp@sbcglobal.net Name of Guest ENCLOSED is $, check made payable to SFSP PLEASE CHARGE $ to my Mastercard/Visa/Amex No. Expir date Signature of cardholder Send to: Kansas City Chapter, Society of FSP 8826 Santa Fe Drive, Suite 208, Overland Park, KS 66212 or fax to: (913) 381-9308. Alternative Ways to Register: Email: sfsp@sbcglobal.net - Call 913.381.4458 - Go to Calendar page on web site: http://www.financialpro.org/kansascity 6 The Society News January 2014