MD Insurance CE - An Analysis of Proposals Using Life Insurance
CE 1 Hour (MD Insurance and CFP) - Approved
This is a Council Member Event Only
ABOUT THE PROGRAM: After reviewing various tax laws and rulings surrounding life insurance, the presentation will focus on various proposals that use life insurance successfully and potential challenges to other proposals. These proposals include using life insurance as an investment, premium financing, life settlements, and private placement life insurance.
Two (2) Learning Objectives:
1. Gain an understanding of various proposals using life insurance
2. Gain an understanding of proposals that use life insurance successfully and potential challenges to other proposals
ABOUT THE SPEAKER: Lawrence J. Macklin is a Managing Director and Wealth Strategist at Bank of America Private Bank. In this role, Larry coordinates the development and delivery of innovative strategies for high-net-worth individuals and families helping them pursue their goals in financial and estate planning, insurance, risk management, wealth transfer, intergenerational planning, business succession, pre- and post-liquidity event strategies, and philanthropy. Larry also collaborates with the client’s team of advisors and conducts periodic reviews to help clients monitor progress.
Larry began his tax and estate planning career in 1982. Prior to joining Bank of America Private Bank (formerly U.S. Trust) in 1994, Larry was a tax and estate planning attorney with Venable LLP, a national law firm, and a Tax Manager with Price Waterhouse.
Larry received his B.S. in accounting from the University of Maryland and earned a juris doctorate from the University of Maryland School of Law in Baltimore. He is a member of the Maryland state bar, a Certified Public Accountant, and is an Accredited Estate Planner® (AEP®) designee.
Larry is a past President of the Baltimore Estate Planning Council and is currently on the Board of the National Association of Estate Planners and Councils (NAEPC). He is a frequent speaker at estate planning councils around the country and recently spoke at the Notre Dame Tax & Estate Planning Institute.
*Note: Larry does not provide legal or tax advice in his current role at Bank of America Private Bank.