FPA/NEO
Board of Directors
| President:
Mark McCandless, CFP®, CPA
President Elect:
Molly Balunek, CFP®
Treasurer:
Kara Downing, CFP®
Secretary:
Adrienne Love, CFP®
Trustees:
Karen Bordonaro, CFP®
Mario Gigante, CFP®, CPA, AIFA®
Ken Paull, CFP®
Pamela Sandy, CFP®
Chairman
Bill Russo, CFP®
|
Upcoming Program Dates
2011
|
January 20
Topic: "S-Corp and Other Unique Asset Gifting Strategies with Donor Advised Funds"
Speaker:
Laura Malone
Director of Gift Planning
American Endowment Founcation (AEF)
Lockkeepers
8 a.m. Registration/ Breakfast Buffet / Networking
8:30 a.m. Announcements / Program to follow
|
February 17
Topic: "The Economy: Yesterday, Today and Where We are Going"
Speaker:
Professor Roy Brooks
John Carroll University
Lockkeepers
8 a.m. Registration / Breakfast
Buffet / Networking
8:30 Announcements / Program to follow
March 17
American Funds
Speaker:
Jason Weybrecht
Lockkeepers
8 a.m. Registration /
Breakfast Buffet /
Networking
8:30 Announcements /
Program to follow
April 21
The Impact on Financial Planning of Recent and Proposed Income Tax Changes
Presented by: John Sestina
Lockkeepers
8 a.m. Registration /
Breafast Buffet /
Networking
8:30 Announcements /
Program to follow
Topics and Speakers are subject to change
May 19
Networking Event
The Club at Key Center
Time: TBD
June/July/August
No programming
September 15
Ethics
Place: TBD
October 17
FPA/NEO Symposium 2011
LaCentre
7:30 a.m. - 5:00 p.m.
November 17
Topic: "State of the Profession"
|
Thanks to Our Sponsors
| Gold Sponsors:
Capital Analysts Inc.
Charles Schwab Advisor Services
Silver Sponsors:
American Endowment Foundation
American Funds
Direxion Funds
Fidelity Institutional Wealth Services
Franklin Templeton Investments
KBS Capital Markets
Long Term Care Partnership
Ohio Tuition Trust
RS Funds
Sigma Financial Corporation
Trust Company of America
|
|
|
FPA/NEO January 2011 Newsletter
President's Message
by Mark McCandless, CFP®, CPA
"It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, it was the season of light, it was the season of darkness, it was the spring of hope, it was the winter of despair, we had everything before us, we had nothing before us, we were all going direct to Heaven, we were all going direct the other way." - A Tale of Two Cities by Charles Dickens
I suspect anyone who reads the opening lines of this classic probably feels that Dickens is talking about the present day, whenever their present day happens to occur. I read it in the 1970's and it seemed to apply at that time. Read it today and you may think there are similarities to 2011. We have bonuses on Wall Street again (the best of times for some) and another wave of foreclosures (the worst of times for many.) The iPad seems like it has the ability to open the door to "wisdom" yet people are spending more time playing and becoming addicted to games (the age of foolishness?) than reading Dickens.
Whether we are reading this on our iPads or on our desktops at our office, we should ask ourselves what kind of year we expect for 2011. Can it be a year filled with better times (if not the best) for us and our clients? Would a year when we make good decisions for our business and help our clients make good decisions be akin to a "season of light"?
Your Board of Directors would like to see your Chapter help you and your clients enjoy the best of times. For this reason, your Board of Directors met in December to develop a plan of action for 2011 and 2012. Our focus will be to implement a plan where we always consider how we can best serve you as well as the public. I will prepare a separate article summarizing our plans for this year and beyond so you may decide how you might wish to participate in this process. As we begin 2011, I wish all of you a year filled with wisdom and perhaps even a little foolishness, but a year that brings happiness to you and your family.
HAPPY NEW YEAR!
|
January 20, 2011 Program
"S-Corp and Other Unique Asset Gifting Strategies with Donor Advised Funds
You may or may not be aware that Donor Advised Funds (DAF's) are the fastest growing form of family philanthropy. This is primarily because many families struggle with the administrative burden and added cost of a private family foundation. When asked, more families would rather get the higher market value deduction than the lower basis deduction or may want to maintain a level of privacy that can no longer be achieved through the internet publication of PF-990's. Along with those benefits, DAF's can also be utilized as a tax mitigation and wealth retention tool to more than just the ultra high net worth market.
We have invited American Endowment Foundation to come speak to us about how Donor Advised Funds can help your clients through the following strategies:
1. "Tax Free" Roth Conversions
2. Enhancing Charitable Trusts
3. Intergenerational Wealth Preparation
4. Illiquid Asset Transfer Strategies for Estate Planning (that typically cannot be done by Family Foundations)
5. Converting Private Foundations to Donor Advised Funds
6. Minimizing the Tax "Bite" in the Charitable Gifting of S-Corp Stock
Click here to register on-line
|
|
|
|
Happy Anniversary
27 Years
Frank C. Filisky, CFP®
James R. Furry, CFP®
26 Years
Leonard H. Abrams, ChFC
Thomas H. Scott, CFP®
16 Years
William I. Russo, CFP®
15 Years
Frank Fantozzi, CPA, MT, PFS, CDFA, AIF
12 Years
Kevin J. Plank, CFP®
Steven N. Moore, CFP, CFP®
Sharlene Ann Pierce
Michael A. Minelli, CFP®, CLU, ChFC
11 Years
Michael J. Suttle, CPA, CFP®
10 Years
Alana F. Cooney, CFP®
9 Years
John L. Pinkowski
8 Years
Paul J. Orchosky, CFP®, ChFC, CLU, AIF
7 Years
John P. Collier, CFP®
Colleen A. Petras, CFP®
Brent R. Steiner, CFP®
6 Years
Andrew Moyer, CFP®
Owen J. Hostetler, ChFC, CFP®
5 Years
Tim Carneval, CFP®
Mary W. Farrell, CFP®
Michael S. Roztas, CFPz®
4 Years
Mary T. Lavelle
3 Year
Rebecca L. Tipton, CFP®
1 Year
Susan M. Wanamaker, CFP®
|
|
|
