January 2011 Dinner Meeting

Date: Thursday, January 20, 2011
Time: 4:00 pm Professional Development Sessions; 5:50 pm Networking hour; 6:30 pm Dinner
Place:  Denver Country Club - 1700 E. 1st Avenue, Denver, CO 80218
Topic: Fast Growth, Slow Growth, or No Growth?;  What's in Store for the U.S. and Colorado Economy in 2011
Speaker: Dr. Richard L. Wobbekind
Course Registration Requirements: Free for members, non-members $50

Register now

Attendees will receive an economic outlook of the United States and Colorado for 2011. Other discussion items include growth rates, unemployment levels, disposable income, interest rates, corporate profits, and more! You don't want to miss out on this exciting opportunity.

January Professional Development Session
Date: January 20, 2011
Time: 4 pm - 5:50 pm
Place:  Denver Country Club - 1700 E. 1st Avenue, Denver, CO 80218

SESSION 1

Title: Recent Developments & Best Practices in Executive Compensation
Speakers: Jeffrey Fryer, Vice President and Brian Wodar, Director at Bernstein Global Wealth Management
Sponsor: Bernstein Global Wealth Management

Planning professionals from Bernstein Global Wealth Management will discuss evolving best practices and recent developments in executive compensation, including:
• Deferred compensation
• Stock options
• Concentrated stock positions

They will also explore potential tax-rate scenarios and what planning options to consider. Please join us for this session designed to help you and your company plan for 2011.

Register now- Please note: The first 24 attendees will receive a complimentary bottle of wine.

SESSION 2
Title:  Micro-Captive: One of the Best Kept Financial and Planning Tools
Sponsors: ST Consulting; Artex Risk Solutions and AJ Gallagher & Company; Bernstein Global Wealth Management
Speakers: R. Brian Fletchum - Division Assistant Vice President, Artex Risk Solutions
Karl N. Huish - CEO of Tribeca Strategic Advisors, LLC
Brian D. Wodar - Director- Bernstein Global Wealth Management Group
Howard Potter - Managing Director of ST Consulting LLC

Micro-Captive Insurance Companies
Although Micro-Captive Insurance Companies are first and foremost a risk management tool, IRS code section 831(b) allows operating companies to utilize Micro-Captives to convert uninsured risks into income tax deductions and reduce estate taxes. Premiums on uninsured risks are paid from an operating company to a Micro-Captive; they are deductible to the operating company and received by the Micro- Captive tax free. Upon the liquidation of the Micro-Captive, distributions are taxed at long term capital gains rates. The premiums are actuarially supported and the Micro-Captive can be owned by the owners or employees  of the operating company or a trust for children and grandchildren. Current P & C insurance coverage by third party carriers is normally not changed  Learn the details in regard to businesses that qualify, IRS Rev Rulings, proformas with the minimum annual premium of $250KK to a maximum of $1.2M, why you haven't heard about this before, and finally, is this too good to be true? 

AICPA/NASBA FIELD OF STUDY: Accounting
LEARNING OBJECTIVES:  Understand the benefits and costs of forming a micro-captive insurance company.
PREREQUISITES: None
PROGRAM LEVEL: Intermediate
PROGRAM CONTENT: Micro-captive insurance discussion and related tax issues.
ADVANCE PREPARATION: None
INSTRUCTIONAL DELIVERY METHODS: Lecture
RECOMMENDED CPE CREDIT:  1 CPE credit based on NASBA 50 minute hour
COURSE REGISTRATION REQUIREMENTS: There is no cost to members, Register now

Industry Meetings

"The Most Common Mistakes Employers Make to Get Sued"

Please RSVP by January 14, 2011 to Cathy Chrysler 303-773-9999

Learn about litigation trends and tips on how to identify and take action to avoid potential employment-related risks. Presented By: Arthur J. Gallagher Risk Management Services, Inc.
Seminar Location: Fritz Knoebel School of Hospitality Management, Daniels College of Business, University of Denver, 2044 E. Evans Ave., Denver, CO 80208. Please use Parking Code: 6231
Speaker: Linda T. Pierce, Esq., Executive Vice President Claims and Loss Control Arthur J. Gallagher Risk Management Services, Arthur J. Gallagher & Co. Insurance Brokers of California, Inc.