The Auction House Revealed (Pre-Workshop) Good Intentions Can Often Lead to Unintended Consequences (Workshop) Life Insurance Planning for the Wealthy Global Citizen (Dinner)
Dinner Sponsored by:
Pre-Workshop Presentation
The presentation will benefit anyone who works with high-net worth clients, handles their trust and estate matters, and/or has clients that are building or deacquisitioning a collection. The topic will explore an overview of auction houses; how auction houses, museums, dealers and appraisers determine value; and how an auction house can help in an estate or downsizing situation.
Speaker Biography
Kristin Vaughn began her career in the art world as a marketing director with an international fine art fair firm. Marketing museum-quality exhibitions in Palm Beach, Miami, and London to collectors, dealers, and press led to her current position in business development with the fine art auction house, Leslie Hindman Auctioneers. In January 2010, she opened the Chicago based company’s first regional office in Naples, Florida. Her primary function with the firm is to introduce auction and appraisal services to trust and estate bankers and attorneys, private clients, and museums throughout Florida and the Southern Region.
Workshop Presentation
For private foundations, trouble often falls under the category of “self-dealing,” which can arise in the context of most business and financial transactions between a foundation and its disqualified persons or “insiders.” In this scenario-based presentation, tax attorney and private foundation expert Jeffrey Haskell, J.D., LL.M., will review the many ways that insiders unknowingly self-deal, and the stiff penalties and corrective action requirements associated with such activities. By being challenged to identify ambiguous instances of self-dealing, participants will walk away with an unparalleled grasp of the subject matter and an enhanced appreciation for the subtleties of private foundation oversight.
Speaker Biography
As Chief Legal Officer at Foundation Source, Jeffrey Haskell is responsible for providing guidance on legal and tax issues to the foundations that the company serves.
Mr. Haskell works with and provides guidance to a team of attorneys, accountants, and support professionals who provide tax reporting services to clients of the company as well as support to foundations and their advisors on a range of issues including Program- and Mission-Related Investments, grants to individuals, expenditure responsibility grants, equivalency determinations, scholarship and award programs, set-aside projects, return preparation, and compliance with self-dealing, minimum required distributions, excess business holdings, jeopardizing investments, and taxable expenditure rules.Prior to joining Foundation Source, Mr. Haskell was an associate at the law firms of Kronish Leib Weiner & Hellman LLP and Olshan Grundman Frome Rosenzweig & Wolosky, in the Tax and Trusts and Estates departments. Prior to joining Olshan Grundman, Mr. Haskell worked at Coopers & Lybrand in the Business Tax Planning Group.
Mr. Haskell is involved in pro bono work for public charities and has served as an adjunct lecturer at Baruch College of Accountancy, where he taught corporate tax law. Articles by Mr. Haskell have appeared in Trusts & Estates and Taxation of Exempts magazines, and in Cardozo Law Review. Additionally, he is a frequent speaker on the rules and regulations pertaining to private foundations.
Mr. Haskell is a graduate of Yeshiva University and the Benjamin N. Cardozo School of Law, where he was a member of the Cardozo Law Review. He received a Masters of Law in Taxation from New York University School of Law, where he was a member of the NYU Tax Law Review.
Dinner Presentation
Global Citizens have choices of where to live, work, retire and invest. This presentation will look at life insurance options outside of a foreign individual’s home country. The presentation will looked at US tax compliant options as well as offshore insurance structures and the potential advantages and disadvantages of IRS 953-D compliance. Attendees should walk away with a good understanding of life insurance options for all types of Global Citizens.
Speaker Biography
Jim Pfleger has been helping affluent individuals, business owners and professionals plan for their futures for over 20 years. Jim’s is an owner of Pfleger Financial and a Principal of M Financial Group. Pfleger Financial specializes in wealth preservation and transfer for the affluent, using tax-efficient strategies and proprietary life insurance contracts. Pfleger Financial serves clients throughout the US, Europe and Latin America. Pfleger Financial has been a Member Firm of M Financial Group since 1993. M Financial Group is consortium of 140 independent life insurance firms that provide financial services specifically designed for affluent individuals and corporations.
Jim received his degree in Business Administration from Furman University in 1991. He is a Chartered Life Underwriter and a Registered Representative through M Holdings Securities, Inc. Jim is also serves on the Disability Advisory Committee for M Financial Group.
Jim is a member of STEP, the Society of Trust and Estate Practitioners, and the Estate Planning Council. He president elect of the Executive Association of Greater Miami.
