AGENDA
Our September education program will be held as an in-person program in the late afternoon. Immediately following our program, attendees are welcome to join us for our Annual Welcome Back Party.
3:30 – 4:00 p.m. Registration 4:00 – 5:00 p.m. Program 5:00 – 7:00 p.m. Welcome Back Party/Reception
PROGRAM OVERVIEW
This program will provide an overview of national real estate markets given economic conditions and the state of interests rates (and how this impacts estate planning), considerations for planners when drafting business operating agreements, Discount for Lack of Control (DLOC) and Discount for Lack of Marketability (DLOM) issues, common valuation mistakes and some recent US Tax Court findings of relevance to Estate Planning.
Eric Garfield, MAI, CCIM, CRE is an Executive Managing Director within the Valuation & Advisory (V&A) Group at Cushman & Wakefield. Mr. Garfield is the firm’s US Lead for Trusts & Estates valuations. His focus is on valuation for estate planning, non-cash charitable contribution/donation and financial reporting. He has qualified as an expert witness in Superior Court and clientele include REITs, attorneys, trusts and CPAs / Auditors. Mr. Garfield’s background and experience supports the firm’s existing platform and promotes greater efficiency in valuations for estate planning, providing clients with high-quality authoritative valuations, particularly on complex assets and portfolios.
Prior to joining Cushman & Wakefield, Mr. Garfield was with Andersen Tax, LLC where he was a Managing Director and National Partner-In-Charge of Tangible Asset Valuation. He previously served as a Vice President at FMV Opinions, Inc., and began his career as a valuation specialist at KPMG LLP.
Philip Jones’ practice focuses on business valuation issues and financial consulting. He has over 20 years of experience in consulting and accounting, specializing in business valuation, financial damages for litigation, and forensic accounting. Mr. Jones has performed analyses and provided testimony for business valuation, transaction consulting, contract damages, transaction and owner disputes, as well as other fraud and forensic accounting matters. He has valued hundreds of operating entities and minority interests in entities for a variety of purposes.
He has authored reports and/or testified in partnership and transaction disputes, construction defect and delay matters, lease disputes, and forensic accounting matters, among others. He has both valued and audited entities in nearly every type of industry from construction to software. His clients have ranged in size from small closely-held businesses to large publicly-traded companies. Mr. Jones is also co-leader of the Trusts & Estates practice.
One Education Credit for CLE (PA Only), Insurance (PA Only), CFP, CPA (PA Only), PACE and CTFA will be offered.
Click here to download a printable registration form.
COFFEE MEET AND GREET: The PEPC organized a meet and greet coffee station prior to our luncheon program. It will be located in the Farragut Room from 11:30 a.m.-12:00 p.m. All meeting attendees are welcome to join!
AGENDA11:30 a.m. - 12:00 p.m. Coffee Meet & Greet 11:45 - 12:00 p.m. Registration 12:00 - 1:45 p.m. Luncheon & Program
Addressing the Human and Technical Aspects of Planning to Meet the Evolving Needs of UHNW Families." Drawing from over 20 years of experience working closely with single family offices and ultra-high-net-worth families, Jim will explore the often-overlooked human elements of wealth planning and estate management. While technical strategies like asset protection and tax efficiency are crucial, this talk will highlight the importance of understanding the emotional and relational impacts of financial decisions on families. Attendees will gain practical insights on how to balance these technical aspects with a deeper sensitivity to the human needs of their clients, ensuring that wealth plans not only preserve financial capital but also enhance family harmony and legacy. This session is designed for professionals seeking to elevate their practice by integrating a holistic approach to wealth management.
Speaker:
As Managing Director leading Pathstone’s Wealth Planning Group, Jim Coutré focuses on developing, delivering, and refining the firm’s holistic wealth advisory and family office solutions. Leading a team of central professionals and collaborating throughout Pathstone’s national footprint, Jim works to create solutions to the technical and emotional complexity created by financial wealth.
Jim has a wealth of experience within the industry as a catalyst for new thinking and a trusted thought partner to ultra-high-net-worth families and family office executives. Jim was previously the Vice President of Insights & Connections for Fidelity Family Office Services, a segment of Fidelity Institutional℠, where he delivered perspective and problem-solving across a wide range of family matters and office matters to families and family office executives. Through Fidelity, Jim facilitated multiple family office peer groups and created a high-impact peer cohort for rising generation inheritors to address the human impact of their family’s financial success.
Before joining Fidelity in 2014, Jim was a partner at The Philanthropic Initiative, where he served as a philanthropy advisor and was responsible for helping families and foundations increase the impact of their giving and training family office executives and professional advisors to help their clients set and achieve their philanthropic goals.
Jim holds a Bachelor of Arts in economics from Washington University in St. Louis. He also holds the Advanced Certificate in Family Wealth Advising and the Advanced Certificate in Family Business Advising from the Family Firm Institute.
Click here for a printable registration form.
AGENDA3:30 – 4:00 p.m. Registration 4:00 – 5:00 p.m. Program 5:00 – 7:00 p.m. Cocktail Reception
Educate clients about the valuable benefits of writing non-binding personal legacy letters to heirs, successors and trustees as part of an approach to legacy planning that goes beyond mere allocation of financial assets. Get an historical, literary and legal overview of ethical wills, expressions of donor intent and letters of wishes to trustees, along with a host of practical suggestions for introducing the instrument to clients.
Speaker: Susan Turnbull is the Founder and Principal of Personal Legacy Advisors, LLC. A former journalist, her presentations, tools and services are known for a uniquely personal and practical focus on the qualitative aspects of estate, financial and philanthropic planning. A frequent speaker to audiences of both advisors and their clients, she is the author of The Wealth of Your Life: A Step-by-Step Guide for Creating Your Ethical Will, co-author of Across Generations: A Five Step Guide for Creating an Expression of Donor Intent, and creator of Life Legacy Cards. Her work has been featured in many national publications including the New York Times and USA Today. She is a member of the Boston Estate Planning Council.
Philadelphia Estate Planning Council P.O. Box 579Moorestown, NJ 08057-0579
Phone: (215) 486-6215 Fax: (856) 727-9504 Email: staff@philaepc.org
