FOX Webcast: Exploring The PTC’s Effect on Lender Structure and the Family Office Exemption - July 27, 2022

Overview

Wednesday, Jul 27, 2022 - 10:00am to 11:00am CDT


Please join us on Thursday, July 27, from 10:00 am to 11:00 am CT, for a live interactive webcast with FOX members and subject matter experts.

The family PTC is an evolving and essential strategy that contributes to long-term financial and family enterprise success. Join us for this in-depth discussion on how a private trust company that leverages a lender structure can benefit your organizations. 

This webcast is specifically for those who have: 

  • A lender structure and are considering establishing a regulated PTC. 
  • A lender structure and want to enhance their structure to avoid IRS entanglements.
  • A lender structure but do not want to be restricted to the limitations of the family office exemption that impact who can invest in the lender structure.
  • A regulated PTC and are considering a lender structure. This webcast will include a discussion on the benefits of the PTC serving as the managing member of the lender structure.


Please click on the Register button below to sign up for this webcast. A replay of this webcast will be available to members approximately two weeks after airing. 

You may contact the Events Team with any questions at events@familyoffice.com
 

Field of Study: Specialized Knowledge - Up to 1 CPE credit can be earned by attending this event. CPE credits are accepted at the option of state certifying boards. Requirements, compliance procedures and acceptance may vary by state.

Program Level: Overview | No prerequisites are required for this session. | Delivery Method: Group Internet Based

Family Office Exchange 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.

REFUND POLICY: For this event, there is no fee. To cancel, you may contact the Events Team at events@familyoffice.com. For more information regarding administrative policies please contact FOX office

  • Agenda
  • Speaker(s)

10:00 am CT  

Webcast Begins

   
 

Presentation: Exploring The PTC’s Effect on Lender Structure and the Family Office Exemption

   
11:00 am CT

Webcast Adjourns

 

 

Presenter

Richard Johnson
Attorney, Waller Lansden Dortch & Davis

For over 30 years, large family-owned and closely held businesses, family offices, and high net worth individuals, including their private family trust companies, and tax-exempt organizations have sought out Richard Johnson to provide practical tax, business, and estate and trust planning solutions.

Clients appreciate his understanding of family dynamics - and the unique challenges families encounter - and have confidence in his ability to protect their wealth by applying common sense solutions.

Clients benefit from Richard's vast experience with S-corporations, LLCs, private trust companies, and partnership law which, when combined with strategic tax planning, helps minimize corporate and personal tax liabilities on both the state and federal levels.

Richard organizes and advises private family trust companies in Nashville, Tennessee. He formed the first private family trust company under Tennessee law and has been responsible for forming more than half of Tennessee's private family trust companies. He helped draft new legislation updating Tennessee's private trust company law, which greatly expanded the definition of a private family trust company to make Tennessee's private trust company statutes more attractive than those in other states.  The updated law now provides the family with the option to allow the family's business to own the private trust company as a wholly owned subsidiary.

Richard works with wealthy individuals, families, and their family offices to structure their assets and ownership interests to keep wealth in the family and to foster the use of that wealth to perpetuate the family's values and purposes.
 

FOX Presenter

Scott Winget
Enterprise Market Leader

Scott Winget is the Enterprise Market Leader at Family Office Exchange (FOX). In his role, Scott serves as Co-Chair for Enterprise Councils and Executive Councils, where members can share experiences, ideas and best practices with veteran peers in a confidential environment. Scott also serves as relationship manager for Enterprise Family members, in order to understand their unique needs and provide them with access to important research and objective guidance. He is as a member of the FOX leadership team, helping to develop and execute service strategies designed to meet the needs of his market segment, and also participates in new research and thought leadership meaningful to members.

Serving families for over 25 years in the areas or family office, wealth management and estate and tax planning, Scott brings significant experience to FOX and its members. Prior to joining FOX, Scott created and led multi-disciplinary and award-winning consulting groups that provided comprehensive family office services at both Cresset and Ascent Private Capital Management. Earlier, he was a senior wealth planner at Wells Fargo Family Wealth (later, Abbot Downing) and began his career as an income tax and estate planning specialist with Arthur Andersen and EY. Scott has participated in the FOX community for over 15 years.

Scott is a CPA and holds a J.D. from The Ohio State University, where he also earned a B.S. in Business Administration with a dual major in Accounting and Finance. He is a member of the Rocky Mountain Estate Planning Council, Colorado Society of CPAs and the Colorado Bar Association. He has also held several securities and insurance licenses and served on the board of the Mountain Area Land Trust as Treasurer and head of the Finance Committee among other roles with non-profits.