AGENDA3:30 – 4:00 p.m. Registration 4:00 – 5:00 p.m. Program 5:00 – 7:00 p.m. Cocktail Reception
PROGRAM OVERVIEW
Due to a 2021 Act signed into law by President Trump that changed the IRC definition of life insurance, the effectiveness of life insurance policies utilized for income tax-free accumulation was vastly increased. As a result, one such type of policy only available to individuals who are accredited investors and qualified purchasers, private placement life insurance (PPLI), has increased in popularity for applications involving tax-efficient wealth transfer planning.
This course will examine the causes behind PPLI’s increase in use, the product’s structure and tax benefits, client suitability, statutory rules for use and the underlying investment options. A case study will detail the use of PPLI for income tax-free wealth transfer over multiple generations.
Speaker:
Jay C. Judas is the CEO of Life Insurance Strategies Group, an independent life insurance advisory firm,
and the co-author of the 2024 PPLI Market Report. He provides strategy, validation and structure to a wide range of individual and corporate life insurance clients globally. His firm does not sell products.
Jay is a former senior executive with Old Mutual Group where he served as member of the carrier’s extended international group executive as the Senior Vice President and Chief Distribution Officer of Global High-Net-Worth Distribution. He has held Senior Vice President roles with carriers Sun Life Financial, Crown Global Insurance Company, and BF&M Insurance Group.
Jay holds a JD from Rutgers University School of Law, a M.Sc. in Leadership from Northeastern University, and a BA in Communications from the University of Northern Iowa. He is a longtime member of Finseca and a board director of four life insurance companies in the UK Commonwealth.
One Education Credit for CLE-Ethics (PA Only), Insurance (PA Only), CFP, CPA (PA Only), PACE and CTFA will be offered.
Everyone's talking about Generative AI and the ways in which it can help professionals save time, but how does it really work? What are the benefits of using it, and what are the risks? And how might how a professional uses it affect that professional's reputation?
Speaker: Nancy B. Rapoport is a Distinguished Professor at the William S. Boyd School of Law at the University of Nevada, Las Vegas, and an Affiliate Professor of Business Law and Ethics at the Lee Business School at UNLV. She received her B.A., summa cum laude, from Rice University in 1982 and her J.D. from Stanford Law School in 1985. She clerked for the Honorable Joseph T. Sneed III on the United States Court of Appeals for the Ninth Circuit and then practiced law (primarily bankruptcy law) with Morrison & Foerster in San Francisco from 1986-1991. She started her academic career at The Ohio State University College of Law in 1991. She served as Interim Dean of Boyd from 2012-2013, as Senior Advisor to the President of UNLV from 2014-2015 and as Acting Executive Vice President & Provost from 2015-2016. Boyd law students have honored her three times: as “Dean of the Year” in 2013 and as “Faculty Member of the Year” in 2021 and 2024.
Two Education Credits for CLE Ethics (PA Only), Insurance (PA Only), CFP, CPA (PA Only), PACE and CTFA will be offered.
This Event is Being Co-Sponsored by
Agenda 4:15 p.m. – 4:45 p.m. Registration 4:45 p.m. – 5:00 p.m. Council Remarks/Annual Meeting/Election 5:00 p.m. – 6:00 p.m. Presentation 6:00 p.m. – 8:00 p.m. Cocktail Reception
Watch for more information soon!
Strider Elass is Senior Economist and part of the First Trust Economics Team that Bloomberg has consistently ranked as one of the top forecasters of the U.S. economy over the past decade plus.
At First Trust, Strider is responsible for analyzing economic indicators, writing economic commentaries, and building content. In 2022, The First Trust Economic Team was rated the Most Accurate Economic Forecasters in the United States by Consensus Economics. The team also won multiple Gold Medals from Financial Advisor IQ in both 2020 and 2021 for Macro Commentary, overall content, and commentary and was also rated 2nd for Thought Leadership by Fuse Research. The First Trust Economics Team has been awarded the “Crystal Ball Award” by Zillow® in partnership with Pulsenomics over multiple years for accurate home price predictions. In 2017, First Trust’s thought leadership material was ranked as number one for most read and most shared by financial professionals with colleagues or clients in the “Top 10 Financial Providers for Thought Leadership Activity.” Strider was instrumental in researching for the book, It’s Not As Bad As You Think, published in 2009 by First Trust’s Chief Economist, Brian Wesbury. Strider’s contribution to the team’s success goes beyond his research responsibilities. He is also a highly sought-after speaker and regularly presents at broker and retail events across the country and abroad, sharing his expertise with a wide audience.
1.0 Education Credits for CLE (PA Only), Insurance (PA Only), CFP, CPA (PA Only), PACE and CTFA will be offered.
Estate planning professionals in the Greater Philadelphia area are invited to join us for a happy hour for several of the regional estate planning councils in the area:
This is a great opportunity to meet your counterparts from other areas of the region and broaden your network.
The $40 registration fee includes appetizers and networking. Cash bar available for drinks.
Sponsorships are available for $750 per company and include four tickets to the event, plus recognition on signage at the event and on event promotion.
Space is limited for this event, so please be sure to register early!
Philadelphia Estate Planning Council P.O. Box 579Moorestown, NJ 08057-0579
Phone: (215) 486-6215 Fax: (856) 727-9504 Email: staff@philaepc.org
