Planning for Unique Assets
Date: Wednesday, April 18, 2018
Time: 12:00pm - 1:30pm
Location: Spring Arbor University
Speaker: David P. Larson, Esq.
Topic: Planning for Unique Assets
Unique assets – art, antique cars, airplanes, boats, wine, etc. – they are actually more common than you think. Creating a plan for disposing of them upon death and administering those estates, on the other hand, can be complex. Whether you are an attorney, accountant, financial advisor, or other estate planning professional, knowing how to advise clients with extraordinary assets is crucial if a client lists such assets on a financial statement or estate planning questionnaire. Our keynote speaker frequently represents clients in the areas of High Net Worth Estate Planning, Tax, and Aviation Law. Potential areas of discussion: the importance of having an experienced fiduciary willing to administer an estate with unique assets; items of consideration for gifting airplanes and watercraft; options for charitable bequests of collections or assets, including upfront coordination with the organization and fiduciary regarding acceptance, maintenance, long-term planning, and cash bequests to support the in-kind gift; and more. Come with questions for this experienced unique asset planner.
Keynote Speaker: David P. Larsen is an attorney and member of Bodman PLC, practicing out of Bodman's Detroit and Ann Arbor offices. Mr. Larsen is vice chair of Bodman's Executive Committee and the senior member of the firm's High Net Worth Practice Group.
He represents individual clients and financial institutions in the areas of estate planning, estate and trust administration, trust litigation, estate and gift tax, real estate transactions, the purchase, sale and lease of aircraft and watercraft, and closely-held business transactions and succession.
Mr. Larson has a BA, cum laude, from Alma College and a JD, cum laude, from Wake Forest Univesity Law School.
Mr. Larsen has been named 2018 Detroit "Lawyer of the Year" for Litigation-Trusts and Estates by The Best Lawyers in America. Mr. Larsen is listed in The Best Lawyers in America 2018 (for over 15 years) under Trusts and Estates and Litigation-Trusts & Estates and listed in Michigan Super Lawyers 2006-2017 under Estate Planning & Probate. He is listed as a 2017 "Top Lawyer" by DBusiness magazine under Trusts and Estates. He is AV Preeminent® Peer Review Rated by Martindale-Hubbell.
Link to Website Bio: