Digital Estate Planning: Afterlife in the Cloud
Jamie Hopkins, CFP®, LLM, Esq - CEO of Bryn Mawr Capital Management, and SVP of Private Wealth Management at Bryn Mawr Trust
We live in a digital world. Our entire life is becoming stored online in the cloud, but very few people understand or plan for what this means from an asset transfer, management, and ownership standpoint. What happens to your emails, passwords, photos, and websites when you pass away? Honestly, it really depends on your level of planning. Most states now require you to do
affirmative planning in order to pass on these assets to your heirs or to allow others to access the information. Failure to do such planning could leave your assets tied up forever in the cloud, unavailable to business partners or loved ones, causing tremendous hardship and financial damages. So learn the rules around digital asset ownership, transfer, and how to set up a digital asset estate under the new law RUFADAA.
1 CFP® CE Credit Approved
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10 Essential IRA Planning Strategies for 2024
Jeffrey Levine, CPA/PFS, CFP®, AIF, CWS, MSA - Lead Financial Planning Nerd, Kitces.com, Director of Advanced Planning, Buckingham Wealth Partners
For more than 40 years, IRAs have been available as a retirement-savings vehicle, but the rules surrounding them are constantly changing, and they are incredibly – and deceptively – complex. Each year, client mistakes, advisor errors and oversights by financial institutions cost clients millions of dollars in unnecessary taxation. This session seeks to reverse that trend by helping advisors to identify and avoid 10 of the most frequent and costly IRA mistakes.
1 CFP® CE Credit Approved
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Cues for Philanthropic Interest that Advisors Should Know and Further Explore
Carlo Laurore, CFP® CHFC® CLU® RICP® AEP® CFRE CAP® - Executive Director, National Boy Scouts of America Foundation Senior Vice President- Development, Boy Scouts of America
The session is designed for advisors looking to deepen their understanding of clients' philanthropic interests. This session will equip you with the skills to identify subtle cues, engage in meaningful conversations about charitable giving, and integrate philanthropic goals into comprehensive financial planning. Learn about various charitable giving vehicles, tax implications, and strategies for involving multiple generations in philanthropy. Gain practical insights from case studies and discover best practices for maintaining transparency and trust in client relationships. Enhance your advisory services by recognizing and exploring your clients' philanthropic aspirations.
1 CFP® CE Credit Approved
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The Status and Outlook of the U.S. Economy and Monetary Policy
Dr. LaVaughn M. Henry, PhD, CBE - Senior Policy Analyst, Federal Deposit Insurance Corporation (FDIC)
This session will introduce the informed participant of the key elements of the economy, what they, measure, and how they interact to move the U.S. economy forward through both periods of expansion and contraction. Much time will be spent on analyzing how the consumer sector drives the economy to expand or decline based on consumer activity and sentiment. Additionally, time will also be spent analyzing the U.S. labor market, how various forms of employment influence outcomes, and how different segments of the labor market adjust during periods of expansion and contraction. Extended discussion will also be held on the determinants and difficulty of inflation and its management, and the role/tools of the Federal Reserve to achieve its policy goal of sustained employed growth and two percent inflation.
1 CFP® CE Credit Pending
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Answering the 10 Hardest Questions in Crypto - Fireside Chat
Ben Johnson, CFA - Head of Client Solutions, Asset Management at Morningstar
Matt Hougan - CIO at Bitwise Asset Management
Crypto is hard to ignore ... and hard to get good information about. That ends here. In a plain-English, no-nonsense conversation, Morningstar head of client solutions Ben Johnson sits down with Bitwise CIO Matt Hougan to answer the 10 hardest questions about crypto, including what it is, what it's actually useful for, how to value it, and where (if anywhere) it fits in a portfolio.
We will review hard data to understand both the risks and opportunities in this emerging asset class, and to review the best available approaches for valuing this complex space.
1 CFP® CE Credit Approved
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Market Trends - Trends and Insights Affecting High Net-Worth Individuals
Wes Madara - SVP, Midwest Regional Sales & Distribution Leader at Chubb
This session discusses the risk and trends that are affecting high net-worth individuals as they consider their personal lines insurance program. It discusses how inflation impacts the insurance market and impacts loss trends. It reviews changes that are occurring in the marketplace relative to the P&C reinsurance market and capacity issues in coastal states. The course reviews weather trends and shows billion-dollar disasters and where they occurred in 2022. It reviews the changes in the collections markets and how boat sales are trending. It also discusses liability claim trends and the top risks high net-worth individuals face. Financial advisors can use this material to better understand the trends and impacts on their client’s insurance portfolios.
1 CFP® CE Credit Pending
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