Every Thursday the Southern California Institute presents educational workshops to independent attorneys, CPAs, bankers, financial planners, investment advisors, and insurance advisors. Thursday Insights offer a variety of interesting and pertinent programs including: Estate Tax, Business, Financial Planning, Real Estate. The workshops, as the name would imply, are given every Thursday throughout the year in various locations across southern California.

Bay Laurel Law Group is pleased to extend these informal learning and networking opportunities to northern California at our offices from 4:00 p.m. to 5:30 p.m.

Thursday Insights ("THINs") is a no cost program designed to teach professionals the latest in wealth strategies planning and design. The program reaches out to individual professionals, but also welcomes participants of our Practice Developer Programs. Come to learn and enjoy the camaraderie of your colleagues.

To attend any program, please RSVP by calling (650) 525-0234 or e-mail: admin@baylaurellaw.com.

Upcoming Thursday Insights

June 24, 2010: Trust-Owned Life Insurance: Why do an Insurance Review?

Tom Zirbes, North Star Resource Group

July 8, 2010:  Understanding Business Transfer Motives

Lori Adasiewicz, Esq., Bay Laurel Law Group, LLP

Business succession planning is often difficult for business owners – and for their advisors – because the particular owner may have multiple and sometimes competing transfer motives. However, the owner may not fully understand these various motives, or what is truly driving the transfer of the business. Doing so, however, has a profound impact on business owners’ willingness to move forward with any proposed succession plan. We will address:

* The importance of determining, early on in the planning process, the business owner’s motives

* Matching the business owner’s motives with possible transfer channels

* How those transfer channels influence the ultimate transfer method or methods chosen

* How the business transfer methods selected impact the value of the company

* The importance of discussing all of the above with the business owner so as to enhance the business owner’s efficacy of the planning process, both business and personal

July 22, 2010: TBD

August 19, 2010: The Lesse Case Study

Lori Adasiewicz, Esq.

From this case study approach, brainstorm, consider, review and understand different integrated wealth, asset protection, income tax, and investment strategies. From an actual case, review detailed numbers, facts, goals, and concerns of “Robert & Kristi Lesse”, a young couple (45 and 34 years old respectively) who have been married for 10 years. They have a 17 year old son from Rob’s previous marriage (lives with his mother) and a 3 year old son together. Rob and Kristi have over $15,000,000 in assets which include $330,000 in cash; $9,600,000 in marketable securities; $142,000 in annuities; $6,600,000 in other investments; $160,000 in qualified retirement plans; $100,000 in investment real estate; $270,000 in personal residence; $370,000 in personal property; and $2,300,000 in liabilities. Rob and Kristi currently have non-integrated “planning” and are interested in maintaining their customary lifestyle while providing for each other and their family; providing for and incentivizing their children in such a way as to pass on educational and work ethic values; saving on current income taxes; eliminating federal estate taxes; protecting themselves from predators and creditors (and their children after their death); protecting their home, possible Christmas tree farm, and consulting business in New York; ensuring Kristi and the children are taken care of in the event of Rob’s death; lending a helping hand to family members; and endowing a family charitable cause in which future generations can participate.

August 26, 2010: Medi-Cal Planning - Preserving Assets

Minda Parrish, Esq.

Past Thursday Insights ... 

August 6, 2009: Harry Potter and the Confusing FBAR Disclosure

Max Riederer von Paar, Esq.

August 20, 2009: Small Business Banking Credit Strike Zone

Firat Ersunay, HSBC Bank Business Relationship Manager

August 27, 2009: Strategies for Real Property - Planning to Take Advantage of Prop 13,  58 and 193

Brett Lytle, Esq.

September 3, 2009: "Liability Driven Investing"

Dave Samuels, Corinthian Wealth Management 

September 10, 2009: Planning for the Divorcing Client

Alexandra Gadzo, Gadzo Law Firm

September 24, 2009: A Fresh Look at Reverse Mortgages

Judy Schwartz, Reverse Mortgages Only

October 1, 2009: Life Insurance and Estate Planning

James L. Thompson, Account Executive - Estate & Business Planning Hartford Life

October 8, 2009: Retirement Planning

Mark Jamison, Bernstein 

October 29, 2009: Investment Policy Statements for Trusts 

David Holmes, Dunham Trust Company

November 12, 2009: Philanthropic Strategies for the Affluent 

Jennifer Carter Scott, dgdw worldwide

December 3, 2009: Trust & Estates Litigation Update

David Rosenbaum, Esq., McDowall Cotter APC

January 7, 2010: Income Tax Updates

Larry Pon, CPA   

January 14, 2010: Who Should be the Beneficiary of your client's IRA? 

Lori Adasiewicz, Esq.   

January 28, 2010: Charitable Gift Annuities

Steve Okamoto   

February 4, 2010: Special Needs Planning

Kevin Urbatsch, Esq.   

February 11, 2010: Insurance as Tool

Matt Bond, SGC Financial  

March 4, 2010: Mortgage Planning Update

Andy Block, OPES Advisors and Judy Schwartz, Reverse Mortgages Only

March 18, 2010: Social Networking as a Marketing Tool for Professionals

Irma Mitton, The Mitton Group

March 25, 2010: Mediation – Creative Problem Solving to Preserve Nerves & Wealth in Today’s Economy 

Catherine Cary, Esq., LL.M.

April 8, 2010: The state of the insurance industry and the different Insurance Financing Options available to clients

Tom Brady, Sr. and Matt McKenzie, Thomas Brady & Associates

April 29, 2010: Laureate Case Study: Paul Kaplan

Lori Adasiewicz, Esq., Bay Laurel Law Group, LLP