Entrepreneur Development Center

Entrepreneurs Striving for Excellence

Clock IconUpcoming Seminars/
Networking Events*

January 13, 2009
Seminar 4: Creating and Protecting Value for the Entrepreneurial Enterprise

March 10, 2009
Seminar 5: Merger and Acquisition Strategies for the Entrepreneurial Enterprise and Exit Plans for the Entrepreneur

* Seminars and networking events are part of the nine-month program.

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Seminar 6: Life Planning for the Entrepreneur and Creation of Wealth Outside of the  Entrepreneurial Enterprise

Seminar Location and Time

University of Maryland University College
Dorsey Station

May 12, 2009
8–11 a.m.



Description

This three hour program will address wealth management issues for the entrepreneur. Topics will include addressing liquidity needs, diversification, estate planning, asset protection, philanthropy, and family dynamics. Case studies will be discussed with the assistance of a panel of professionals.

Goals

After completing this program, you will be able to:

  • Address liquidity and diversification needs of a business owner
  • Understand estate planning techniques of particular relevance in today’s environment including GRATs and discounted gifting.
  • Develop some asset protection strategies such as through the use of trusts, titling of assets, and insurance.
  • Identify ways of pursuing philanthropic goals
  • Develop strategies for dealing with family dynamics—family mission statement, equitable distribution of assets, selecting trustees, and key advisors.


Outline and Structure

The program covers a wide range of financial, business, and personal topics which can be efficiently grouped into convenient categories for study according to the major decisions encountered by the typical business owner. We have structured this program into the following areas, which we believe are critical for success:

  • Liquidity needs of the business owner
  • Diversification outside the business
  • Estate planning for business owners
    • GRATs and changing interest rate environment
    • Discounting
    • Sales to trusts
    • Life insurance
  • Asset protection
    • Use of trusts
    • Titling
    • Situs of assets
  • Philanthropy
    • Private foundations
    • Alternatives to private foundations – donor advised funds, community foundations
    • Charitable remainder trusts and charitable lead trusts
  • Family dynamics
    • Family mission statement
    • Splitting up assets
    • Selecting key advisors
      • Family office
      • Trustees        
      • Working with attorneys, CPAs, wealth advisors
  • Case study

 


Materials and Preparation for Participants

Program materials will be provided.


Contact Information

For this Seminar Topic

John H Gardner
Citi Wealth Advisory Services
650 S Exeter Street, Suite 1050
Baltimore, MD 21202
410 736-5550
John.h.gardner@citi.com


For the Entrepreneur Development Center

University of Maryland University College
Dorsey Station
443-459-3500
edc@umuc.edu


Entrepreneur Development Center    UMUC at Dorsey Station   6865 Deerpath Road, Elkridge, MD 21075 USA
Phone: 443-459-3500 | E-mail: edc@umuc.edu