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Overview
Drafting Formation Documents, Ownership Reporting, Tax and Ownership Tactics, and More
Single-member LLCs (SMLLCs) are ubiquitous, but many tax and legal questions linger and require specialized knowledge to answer them. What new ownership reporting obligations exist under the CTA? How will SMLLCs hold up to creditor attacks and court scrutiny? Let our expert attorney faculty walk you through the latest legal updates, the structuring of an SMLLC, and its taxation and uses. Find out what common client practices and attorney mistakes threaten the liability shield and what you can do to avoid pitfalls. Register today!
- Build up protections with masterful operating agreement drafting.
- Ensure the SMLLC is tax efficient.
- Explore pitfalls that expose SMLLCs to veil piercing.
- Learn how to use SMLLCs to purchase real estate.
Abbreviated Agenda
- Complying With New CTA Beneficial Owner Information (BOI) Reporting Rules
- Drafting and Updating SMLLC Operating Agreements
- Tax and Real Estate Purchasing Tactics and Pitfalls
- Asset Protection Pitfalls to Look Out For
Credit Details
Credits Available
| Credit | Status | Total | Until |
|---|---|---|---|
| Alaska CLE |
|
3 Total | 02-06-2026 |
| Arizona CLE |
|
3 Total | 02-06-2026 |
| California CLE |
|
3 Total | 02-06-2026 |
| Colorado CLE |
|
4 Total | 12-31-2026 |
| Connecticut CLE |
|
3 Total | 02-06-2026 |
| Delaware CLE |
|
3 Total | 02-06-2026 |
| Hawaii CLE |
|
3 Total | 02-06-2026 |
| Idaho CLE |
|
3 Total | 02-06-2029 |
| Illinois CLE |
|
3 Total | 02-04-2026 |
| Louisiana CLE |
|
3 Total | 02-06-2026 |
| Maine CLE |
|
3 Total | 02-04-2026 |
| Minnesota CLE |
|
3 Total | 02-06-2026 |
| Missouri CLE |
|
3.6 Total | 02-06-2026 |
| Northern Mariana Islands CLE |
|
3 Total | 02-06-2026 |
| Montana CLE |
|
3 Total | 02-06-2027 |
| North Dakota CLE |
|
3 Total | 02-06-2027 |
| Nebraska CLE |
|
3 Total | 02-06-2026 |
| New Hampshire CLE |
|
3 Total | 02-06-2027 |
| New Mexico CLE |
|
3 Total | 02-06-2026 |
| Nevada CLE |
|
3 Total | 02-06-2027 |
| New York CLE |
|
3.5 Total | 02-06-2027 |
| Oklahoma CLE |
|
3.5 Total | 02-06-2026 |
| Oregon CLE |
|
3 Total | 02-06-2027 |
| Pennsylvania CLE |
|
3 Total | 02-06-2026 |
| Rhode Island CLE |
|
3.5 Total | |
| Vermont CLE |
|
3 Total | 02-06-2026 |
| Wisconsin CLE |
|
3.5 Total | 12-31-2025 |
| West Virginia CLE |
|
3.6 Total | 02-06-2026 |
Select Jurisdiction
CLE
Agenda
-
Complying With New CTA Beneficial Owner Information (BOI) Reporting Rules
-
Drafting and Updating SMLLC Operating Agreements
- Organization and Formation Provisions
- Recordkeeping, Decision-Making, and Contracts
- Distribution and Allocation Provisions
-
Tax and Real Estate Purchasing Tactics and Pitfalls
-
Asset Protection Pitfalls to Look Out For
- Charging Order Protection
- Common SMLLC Member Mistakes That Jeopardize Asset Protection
Who Should Attend
This focused legal guide is designed for attorneys. It may also be of benefit to trust officers, accountants, estate and financial planners, and paralegals.
Speakers
Speaker bio
F. Gerald Burnett
is a partner with Cabaniss, Johnston, Gardner, Dumas & O'Neal LLP, where he practices in the areas of commercial real estate, timber transactions, and tax law disputes. He has had substantial experience in the tax and entity structuring of LLCs and partnerships used primarily in real estate transactions. Mr. Burnett's work in the tax area has also included jury and non-jury trials in a number of states. He is the co-author of the treatise Litigation of Federal Tax Controversies, originally published by Shepard's/McGraw Hill (1st edition). Mr. Burnett is the author of the tax management portfolio entitled Timber Transactions (1st edition), and has served as a special tax advisor for Tax Management, Inc. He earned his B.B.A. degree from the University of Mississippi, his J.D. degree, with distinction, from the University of Mississippi School of Law and his L.L.M. degree in taxation from Georgetown University Law Center.
Speaker bio
Gary A. Forster
is managing partner and co-founder of ForsterBoughman. His practice spans 30 years and includes domestic and international corporate law, asset protection, tax, and estate planning. Mr. Forster handles a variety of corporate and personal planning matters for business leaders and wealthy families. He is the author of three books. In 2013, he wrote Asset Protection for Professionals, Entrepreneurs and Investors, a guide to asset protection strategies for clients and their financial advisors, now in its second edition. In 2020, Mr. Forster finished the second edition of The U.S. Estate and Gift Tax and the Non-Citizen, which explains how resident and non-resident foreign nationals are impacted by the U.S. estate and gift tax. In 2021, he wrote The U.S. Wealth Transfer Tax and the Non-Citizen, a law school textbook. Mr. Forster’s legislative amendments were adopted as Section 43A of the new Nevis LLC Ordinance - Nevis Limited Liability Company (Amendment) Ordinance, 2015. He earned his B.A. degree from Tufts University, graduating cum laude with majors in economics and Spanish literature. Mr. Forster earned his J.D. degree from the University of Florida College of Law, graduating with honors. He continued his studies as a graduate fellow at the University of Florida College of Law, Master of Taxation program, earning an LL.M. degree. Mr. Forster's education also includes studies at the University of Madrid, Oxford University and Leiden University in the Netherlands. He is a member of The Florida Bar and the District of Columbia Bar Association, including bar sections for international and tax law. Mr. Forster is licensed to practice before the U.S. Tax Court, and is a member of the American Bar Association Asset Protection Planning Committee.
Speaker bio
Brett T. Sullivan
is a member of Lucent Law, PLLC, a Spokane law firm providing representation to individuals and entities throughout Washington state in the areas of real estate and business law, with a particular focus on transactions, financing, business transactions and advisory services (including entity formation, governance, purchases/sale transactions and succession planning). Mr. Sullivan is a past member of the Real Property, Probate and Trust Section of the Washington State Bar Association and has spoken on numerous real estate topics and business issues involving limited liability entities, including limited liability company formation, operation and management. Mr. Sullivan earned his B.A. degree from the University of Washington with a concentration in accounting and his J.D. degree, cum laude, from Gonzaga University School of Law.
Speaker bio
Ryan P. Wheeler
is an associate with Phelps Dunbar LLP, where he guides domestic and international businesses, individuals, private equity firms and financial institutions in transactional tax planning and structuring issues. Mr. Wheeler delivers practical advice on the tax complexities of mergers and acquisitions, restricting, entity formations, divestitures, workouts and other multifaceted transactions. Clients trust his experience and analytical background to guide them through their cost complex legal issues and business transactions. Mr. Wheeler earned his B.A. degree from University of South Carolina, his J.D. degree, cum laude, from University of South Carolina School of Law and his LL.M. in taxation from New York University School of Law.
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