You Don't Have to Have a Multi-Millionaire To Do Your Next Successful Charitable Case

Track: Breakout

Session Number: 185
Date: Sun, Jan 27th, 2019
Time: 3:45 PM - 4:30 PM
Room: Texas Ballroom F

Description:

During this session we will review 3 recent successful tax related charitable cases. 

Session takeaways:

  • What was the conversation? 
  • Why did they execute?
  • How can i do this?  
Session Type: Breakout Sessions

Target Market: Apply to all
Categories: Tax & Regulatory, Charitable Market, Life Insurance & Retirement
Session Type: Breakout Sessions

Target Market: Apply to all
Categories: Tax & Regulatory, Charitable Market, Life Insurance & Retirement

Speakers

Speaker 1
Mike Owens, CLU, ChFC, RFC
Strategic Legacy Advisors Inc.

Special emphasis on wealth planning with income tax strategies.  I have about 80 charitable trusts and charitable estate plans in place. I really like the way income tax "drives the bus" for getting people to take action with a sense of urgency. I have worked the last few years to create a special collaborative network of attorneys, CPA's, bank executives, business broker, real estate brokers. risk management/p&c brokers, auctioneers and financial advisors that have their boots on the ground and are listening to the potential clients that have an unsual tax occurence that has come up in their life.  A good example is:  I was referred to a new possible client that is nearing retirement and will be receiving a 4 million dollar deferred compensation, but he has to take it in cash over 5 years at 800 per year.  This gentleman has been earning about 150k per year.  What do you do for him to mitigate all of that tax especially for someone that is not used to paying that much?  I can show you how to get that down to near zero and get it to where he can use that money in the future for supplementing retirement and pass ALL of it on to heirs!

 

Speaker 2
Dwain Owens, CLU, ChFC
D.L. Owens Enterprises,Inc

Experience: Co-founder of
Strategic Legacy Advisors, Inc. in 1984

Recognition: Member of the Forum 400, active in St. Isidore Catholic Church, active in the Teammates mentoring program, member of the Valentine Rotary Club and recognized Paul Harris Fellow.

Business Focus: Tax efficiency planning

Family: Resides in Columbus, Ne with his wife, Jill. He has two sons, three granddaughters, and one grandson