We’re coming to your neighborhood.
Legal and Financial Strategies for Protecting Your Business and Personal Assets.
The Alabama Veterinary Medical Association and Merial are offering two hours of legal continuing education to all Alabama veterinarians free of charge. These CE courses will be held in five locations throughout the state. Valuable topics such as tax laws, retirement accounts, estate tax laws, single owner practices, partnerships, buyout agreements and life insurance will be covered. This program is designed to make you aware of the numerous legal facets to consider when planning for your business. Veterinarians who attend this seminar will leave with a better understanding of the basic legal documents and instruments required for themselves and their single or multi-partner practices to protect their assets, families, and general health and well being.
||Vestavia Hills Country Club
||All Steak Restaurant
To attend, you must register online. Click here and find the location you wish to register for in the Calendar of Events. Registration must be completed three days prior to the meeting date - NO exceptions. Sign in at 5:45 PM, the program begins at 6:15 PM and includes dinner.
Generously sponsored by Merial.
Ethan Dawe - About the speaker...
Ethan graduated from the University of South Alabama with a BS in Business and Finance. He currently owns Innovative Financial Solutions, LLC. IFS is an independent financial consulting company offering a complete array of financial products. IFS focuses on setting up tax-exempt retirement accounts, life and disability insurance, buy-sell agreements, trusts, layered protection, exit strategies or continuation plans and proper estate planning. Ethan has many years of experience providing financial and business consulting to veterinary associates and practice owners all over the eastern half of the USA. Ethan also provides students at Auburn CVM and Tuskegee SVM one-on-one counseling about their financial concerns through a program sponsored by the ALVMA and KVMA.
Legal and Financial Strategies for Protecting Your Business and Personal Assets
A: Getting Started
- Proper planning starts with Retirement Accounts
- Tax-Deferred Retirement Account pitfalls
B: Basic Documents
- Last Will and Testament – Current
- Must address personal effects
- Must address personal wishes
- Funeral arrangements
- Advance Healthcare Directive aka Living Will
- Durable Power of Attorney
C: Single Owner Practice
- Continuation plan
- Disability Insurance
- Selling your practice
- Structuring ownership
- Other assets
- Operating Agreement (if entity is an partnership, LLC or LLP).partners & money splits, decision-making authority,
- Third party partner stock sales?
- Divorce Provisions (Shotgun Buy/sell).
- Non-compete agreements
- Buyout Document – what piece do you want?
- Buy / Sell Agreement
E: Life Insurance Needs & Options