Business & Securities Law

4.41

LLC Rules Changes Guide 2024

Credits Available
Credit Status Total
Alaska CLE Approved 6 Total
Arizona CLE Approved 6 Total
California CLE Approved 6 Total
Colorado CLE Approved 7 Total
Connecticut CLE Approved 6 Total
Delaware CLE Approved 6 Total
Hawaii CLE Approved 6 Total
Idaho CLE Upon Request 6 Total
Illinois CLE Approved 6 Total
Maine CLE Approved 6 Total
Minnesota CLE Approved 6 Total
Missouri CLE Approved 6 Total
Northern Mariana Islands CLE Approved 6 Total
Montana CLE Approved 6 Total
North Carolina CLE Approved 6 Total
North Dakota CLE Approved 6 Total
Nebraska CLE Approved 6 Total
New Hampshire CLE Approved 6 Total
New Mexico CLE Approved 6 Total
Nevada CLE Approved 6 Total
New York CLE Approved 7 Total
Oklahoma CLE Approved 7 Total
Oregon CLE Approved 6 Total
Pennsylvania CLE Approved 6 Total
Rhode Island CLE Upon Request 6 Total
Vermont CLE Approved 6 Total
Wisconsin CLE Approved 7 Total
West Virginia CLE Approved 7.2 Total
OnDemand
5 hours 57 minutes
Michael Gorby
Gary Forster
Noel Humphreys
Neal Jannol
With Michael J. Gorby from Gorby Peters Law + 3 others
Recorded March 06, 2024
Product ID 98123

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Overview

Get Up to Date on LLC Changes and Avoid Costly Missteps

LLCs are evolving rapidly to adapt to the new tax and privacy laws and to take advantage of the latest in blockchain technology. Are you confident you're providing the most effective, up-to-the-minute advice? Hear the latest on LLC entity choice, formation, operation, and dissolution. Let us equip you with best practices for drafting and reviewing operating agreements. Register today!

  • Hear about the latest federal laws changing the way LLCs are used.
  • Address key operating challenges including data privacy and security.
  • Get an update on the key tax changes affecting LLC formation and operation.
  • Come away with a list of recommended new OA changes to keep the LLC protected.

Abbreviated Agenda

  1. Federal Laws Update
  2. What's a WY DAO LLC? Decentralized Autonomous Organizations
  3. Tax Planning Updates
  4. Current Operating Issues: Data Security, Transfer of Interests, Members' Rights
  5. Asset Protection and the Latest State Case Law
  6. Revising Operating Agreements: What to Look For
  7. Legal Ethics in LLCs Practice
Product ID 98123

Credit Details

Credits Available
Credit Status Total
Alaska CLE Approved 6 Total
Arizona CLE Approved 6 Total
California CLE Approved 6 Total
Colorado CLE Approved 7 Total
Connecticut CLE Approved 6 Total
Delaware CLE Approved 6 Total
Hawaii CLE Approved 6 Total
Idaho CLE Upon Request 6 Total
Illinois CLE Approved 6 Total
Maine CLE Approved 6 Total
Minnesota CLE Approved 6 Total
Missouri CLE Approved 6 Total
Northern Mariana Islands CLE Approved 6 Total
Montana CLE Approved 6 Total
North Carolina CLE Approved 6 Total
North Dakota CLE Approved 6 Total
Nebraska CLE Approved 6 Total
New Hampshire CLE Approved 6 Total
New Mexico CLE Approved 6 Total
Nevada CLE Approved 6 Total
New York CLE Approved 7 Total
Oklahoma CLE Approved 7 Total
Oregon CLE Approved 6 Total
Pennsylvania CLE Approved 6 Total
Rhode Island CLE Upon Request 6 Total
Vermont CLE Approved 6 Total
Wisconsin CLE Approved 7 Total
West Virginia CLE Approved 7.2 Total
Select Jurisdiction
CLE

Agenda

All times are shown in
  1. Federal Laws Update

  2. What's a WY DAO LLC? Decentralized Autonomous Organizations

  3. Tax Planning Updates

    1. Qualified Small Business Stock Deduction Planning
    2. Real Estate Issues: Limits on Like-Kind Exchanges, CTA Disclosures, etc.
    3. Carried Interest Rules and Planning
    4. The Latest IRS Enforcement and Guidance
      1. Tax Treatment of LLCs
      2. Tax Treatment of LLC Members
  4. Current Operating Issues: Data Security, Transfer of Interests, Members' Rights

    1. Evolving Data Security Obligations and Problems
    2. Digital Assets and Cryptocurrency Transaction Reporting
    3. Transferability of Interests Rules
    4. Members' Rights
    5. Dissolution and Termination
  5. Asset Protection and the Latest State Case Law

  6. Revising Operating Agreements: What to Look For

  7. Legal Ethics in LLCs Practice

    1. Engagement Agreements, Attorney Fees, and Client Trust Accounts
    2. Conflicts of Interest: Business vs. Member
    3. Conflicts of Interest Firm Ethical Wall
    4. Conflicts of Interest Waivers
    5. Guarding Confidentiality

Who Should Attend

This LLCs legal update is designed for attorneys. Accountants, tax professionals, fiduciaries, directors, and paralegals will also benefit.

Speakers

Michael J Gorby
Michael J.
Gorby
Gorby Peters Law
Gary A Forster
Gary A.
Forster
ForsterBoughman
Noel D Humphreys
Noel D.
Humphreys
Connell Foley LLP
Neal B Jannol
Neal B.
Jannol
Law Office of Neal B. Jannol
Speaker bio
Michael J Gorby

Michael J. Gorby

Gorby Peters Law
Michael Gorby

is a founder and partner with Gorby Peters & Associates, LLC. He is a nationally recognized leader in complex corporate disputes, professional negligence cases, and liability issues that arise for property owners and managers, such as hotel chains, restaurants, shopping centers, apartment complexes, office buildings and other public venues. Since 1998, Mr. Gorby has served as the program chair for the Institute of Continuing Legal Education in Georgia (an affiliate of the University of Georgia), on the topic of premises liability. He is also the author of a popular legal treatise, Premises Liability in Georgia, which is published by Thomson Reuters/West, and which is now in its third edition. Mr. Gorby serves as an instructor/lecturer for Georgia Tech Procurement Assistance Center (GTPAC) in the area of procuring government contracts, and is also a registered mediator. He earned his B.A. degree from Georgia State University and his J.D. degree from the University of Georgia School of Law.

Speaker bio
Gary A Forster

Gary A. Forster

ForsterBoughman
Gary 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. Gary writes and speaks nationally on tax, corporate and international topics and 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 Nevis LLC Ordinance - Nevis Limited Liability Company (Amendment) Ordinance, 2015. Gary 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 in taxation. 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 District of Columbia Bar, 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. Gary speaks Spanish fluently.

Speaker bio
Noel D Humphreys

Noel D. Humphreys

Connell Foley LLP
Noel Humphreys

is of counsel with Connell Foley LLP, where he limits his practice to business transactions, lending transactions, organizational governance and intellectual property. Mr. Humphreys is admitted to practice law in New Jersey and New York, and before the U.S. District Court of New Jersey and the U.S. District Court of New York (Eastern and Southern). He earned his B.A. degree from DePauw University, his M.S.J. degree from Columbia University and his J.D. degree from Harvard University.

Speaker bio
Neal B Jannol

Neal B. Jannol

Law Office of Neal B. Jannol
Neal Jannol

is a sole practitioner in Los Angeles at the Law Office of Neal B. Jannol. He has been an attorney for more than 20 years, and concentrates his practice on sophisticated estate and tax planning for individual clients, the representation of individual and corporate fiduciaries, and the administration of estates and trusts. Mr. Jannol's experience includes drafting revocable and irrevocable trusts, business succession planning, premarital planning, charitable gift planning, and all aspects of estate administration and probate procedures. He is a member of the State Bar of California. Mr. Jannol earned his B.A. degree, magna cum laude, from the University of California at Los Angeles and his J.D. degree from the University of California at Berkeley, Boalt Hall School of Law.

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