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Raymond Tinglin
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Decks in this class (99)
Tax Planning
Gain exclusion applies that appli...,
Investor must have purchased stoc...,
Allows a reclassification of loss...
18
cards
Charitable Planning
Percentages of agi and limitation...,
Percentages of agi and limitation...
87
cards
Executive Compensation
Four behavioral biases common to ...,
The tendency tooverestimate orexa...,
Increased choicesandinformation g...
41
cards
Portfolio Management- 1-4
What tax issues relate to acquisi...,
D,
C
78
cards
Retirement Planning
0
cards
Risk Management and Asset Protection
0
cards
Estate and Wealth Transfers
Incapacity planning strategies,
Evaluate a client situation and o...
2
cards
Planning for Closely Held Business Owners
1
cards
Tax Planning 3- Tax Implications of Trusts and Estates
True or falsetrusts and estates a...,
What is the rule that determines ...,
What are the various disciplines ...
86
cards
Tax Planning 4- Tax Issues for High Net Worth Clients
Most effective techniques an an i...,
Most effective techniques an an i...,
What are the three net investment...
14
cards
Tax Planning 5- Implications of Various Intra- Family Income Shifting Strategies
What is the step transaction doct...,
What are the elements of the step...,
What is the economic transaction ...
30
cards
Tax Planning 6- AMT and How It's Determined
What is amt,
How is it determined,
Who does amt benefit
6
cards
Tax Planning 7- Implications Associated with AMT
What are the implications associa...,
Amt is most beneficial when,
Who is most likely to be affected...
5
cards
Tax Planning 8- Income tax deductions and limitations specific to charitable giving
What are the limitations to chari...,
What are the different income tax...,
When is it best to opt for an inc...
4
cards
Tax Planning 9- Mortgage interest deductions and limitations
Interes,
A qualified residence is a,
Maximum 750 000 principal for acq...
13
cards
Tax Planning 10- Investment interest expense classifications and limitations
Investment interest expense is re...,
Investment interest expense is re...,
Investment interest expense is re...
13
cards
Tax Planning 11- Interest deductibility limits for passive business activities
What is the holding period of a s...,
What is the ex dividend date,
Each dividend payment needs to be...
10
cards
Portfolio Management 5- Characteristics of Alternative Investments
What are alternative investments,
Nvestments in shares of stock bon...,
When investing in alternative inv...
16
cards
Portfolio Management 6 - Alternative Investment Categories
What are the categories of altern...,
What is a private investment vehi...,
What is the aim of hedge funds
21
cards
Portfolio Management 7 - Pros and Cons of Alternative Investments
Why are investors usually attract...,
Benefits of alternative investments,
Challenges of alternative investm...
3
cards
Portfolio Management 8 - Characteristics of Socially Responsible Investing
What are the distinguishing chara...,
What is the tool that investors u...,
Socially responsible investing wh...
29
cards
Portfolio Management - 9 Risk Management Strategies
What are the various types of por...,
Which strategy is an appropriate ...,
What strategy is a form of invest...
24
cards
Portfolio Management Strategies 10- Options Hedging
What are the different option hed...,
Why are hedging strategies used b...,
What do hedging strategies do
57
cards
Portfolio Management -11 Non Option HedgingStrategies
What are examples of non option h...,
Some of the more popular or frequ...,
What is unsystematic risk
46
cards
Portfolio Management Strategies 12- Liability Driven Investing for
What does a aliability driven inv...,
What are the three funding stause...,
What is the definition of a marke...
31
cards
Investment Risk
The notion of investment risk mus...,
Actuarial risk,
Agency risk agency risk is the ri...
53
cards
Portfolio Theory
What is the utility function of a...,
What does the utility function de...,
You are happier with a higher low...
53
cards
Portfolio Management Section Quiz
Your clients the fredricksons are...,
According to the information prov...,
Which of the following is a risk ...
10
cards
Retirement Planning - 2 Asset Accumulation Planning Strategies
What is a rabbi trust,
What is a secular trust,
What is the difference between a ...
12
cards
Retirement Planning - 3 Impact of Return Sequencing on Sustainability of Retirement Distributions
What should you take into conside...,
What is a sequence of returns,
What should you take into conside...
11
cards
Planning for Executives - 6 Regulatory rules and restrictions governing a corporate executive’s publicly held stock
What is section 16 of the 1934 act,
What are the requirements for,
What are the requirements for sec...
11
cards
Retirement Planning - 4 Analytical Forecasting Techniques Use in Projecting Retirement Outcomes
Simulation assesses the likelihoo...
1
cards
Retirement Planning - 6 Sustainable Withdrawal Rate Methodologies
What is the method name where ret...,
Which method involves annual with...,
10
cards
Retirement Planning- 5 Tax Treatment of Distributions of Various Types of Retirement Plans
What does net unrealized apprecia...,
At what age must rmds be taken,
What is a beneficial strategy for...
37
cards
Retirement Planning- 7 Net Unrealized Appreciation (NUA)
What does net unrealized apprecia...,
What 3 things must happen for nua...,
What are the triggering events to...
8
cards
Retirement Planning- 8 Asset Allocation Issues
0
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Retirement Planning- 9 Roth Conversion Rules
Can distribution strategies at de...,
If a roth ira is held for _______...,
Do some qualified plans not allow...
10
cards
Retirement Planning- 10 Stretch IRA Planning
What are some planning pointers f...,
What are the five rules if benefi...,
What are the reasons to use trusts
3
cards
Retirement Planning- 11 Post death Distribution Requirements Relative to Beneficiary Type
Demonstrate the impact of estate ...,
Income in respect of a decedent,
What is income in respect of a de...
17
cards
Planning for Executives - 1 Planning implications of stock option award programs
What is an amt alternative minimu...,
Why are fewer people subject to a...,
For individuals there are 2 amt r...
46
cards
Planning for Executives - 2 Tax planning implications of exercises of both incentive and non-qualified stock options (e.g. basis, holding periods, and alternative minimum tax (AMT))
Who are the eligible participants...,
Who,
True or false nsos are transferrable
30
cards
Planning for Executives - 3 Advantages and disadvantages of Section 83(b) elections in option strategies
What is an 83b election,
Who needs to file an 83 b election,
What is a purpose of filing a sec...
17
cards
Planning for Executives - 4 Different types of executive deferred compensation plans
What is a stock option,
What are the two reasons why comp...,
What are the two types of stock o...
36
cards
Planning for Executives - 5 Equity compensation plans (restricted stock, phantom stock, and performance share plans),
What is a restricted stock,
What is phantom stock,
What is
11
cards
Planning for Executives - 6 Regulatory rules and restrictions governing a corporate executive’s publicly held stock
What are short swing profits,
What are some rules and regulatio...,
What is an exercise window
10
cards
. Planning for Executives - 7 Value, risks, and tax implications of utilizing cashless collars in concentrated stock situations
What is a cashless collar,
Depict a concentrated stock situa...,
What are the purposes of a cashle...
9
cards
Planning for Executives - 8 Value, risks, and tax implications of utilizing prepaid variable forwards in concentrated stock situations
What is a prepaid variable forward,
When would you use a prepaid vari...,
What are the advantages of an pre...
7
cards
Planning for Executives - 9 Value, risks, and tax implications of utilizing portfolio margin strategies in concentrated stock situations
What is a pre paid variable forwa...,
What is a collar strategy,
Why is the collar strategy implem...
6
cards
Planning for Executives - 10 Value, risks, and tax implications of utilizing exchange funds in concentrated stock situations
What is an exchange fund,
What does the strategy of exchang...,
What are the advantages of an exc...
12
cards
Planning for Executives - 11 Value, risks, and tax implications of utilizing charitable remainder trusts in concentrated stock situations
What type of charitable gifting is,
What is a charitable contribution,
Why would people want to make cha...
4
cards
Planning for Executives - 12 Value, risks and tax implications of utilizing Section 10b-5(1) plans in concentrated stock situations
What is the sec rule 10b 5 plan,
What is the sec rule 10 b 1 plan,
What are some key requirements fo...
6
cards
Charitable Giving and Endowments
Define the terms public charity a...,
Explain the rules for directing i...,
Explain the tax treatment for con...
10
cards
Estate issues and wealth transfer
Define the choices available in p...,
Evaluate a client situation and o...,
Define general powers of appointm...
32
cards
Planning for Closely Held Business Owners - 1 Financial Methods
What is an angel investor,
What do the tax implications of p...,
What are some common financing me...
32
cards
Planning for Closely Held Business Owners - 2 Business Succession and Exit Strategies
List potential business successio...,
List the range of potential buyers,
What is the difference between a ...
20
cards
Planning for Closely Held Business Owners - 3 Advantages and Disadvantages of Business Succession
What are the advantages of busine...,
What are the disadvantaged of bus...,
What is the related party attribu...
5
cards
Planning for Closely Held Business Owners - 4 Types of Business Entity Structures
What are some examples of differe...,
What is an l corporation,
What is a c corporation
8
cards
Planning for Closely Held Business Owner - 5 Tax Treatment
What is the tax treatment of the ...
1
cards
Planning for Closely Held Business Owners - 6 Types of Buy-Sell Agreements
What are buy sell agreements,
What are the types of buy sell ag...,
What are the objectives of buy se...
28
cards
Planning for Closely Held Business Owners - 7 Funding Strategies for Buy-Sell Agreements
Describe the types of funding str...,
Illustrate the relationship betwe...,
What is the private annuity
83
cards
Planning for Closely Held Business Owners - 8 Evaluation Methodologies
What are two bet to die strategies,
What is the self canceling instal...,
What are the tax consequences whe...
31
cards
Planning for Closely Held Business Owners - 9 Types of Discounts and Premiums
Describe different types of disco...,
Explain the ordering for applying...,
Difference in valuation and sale ...
10
cards
Planning for Closely Held Business Owners - 10 Types of Buyers
Difference in valuation and sale ...,
Difference in valuation and sale ...,
Difference in valuation and sale ...
11
cards
Planning for Closely Held Business Owners - 11 Benefits and Risks of Business Exit Structures
What are business exit structures,
What are some examples of busines...,
What are the benefits of private ...
18
cards
Planning for Closely Held Business Owners - 12 Financial Implications and Tax Treatment of Business Sales
What are business sales,
What are some examples of buisnes...,
What is the tax treatment for pri...
8
cards
Risk Management & Asset Protection - 1 Types of Insurance Coverage
List common types of insurance co...
1
cards
Risk Management & Asset Protection - 2 Self-Insuring Strategy
What is self insuring as a strategy,
Strategies to help clients
2
cards
Risk Management & Asset Protection - 3 Broad-based Asset Protection Strategies
What are some examples of legal e...
1
cards
Risk Management & Asset Protection - 4 Asset Protection Advantages and Disadvantages of Various Legal Entities
What are legal entities,
What are exampls of legal entities,
What are the protection advantage...
14
cards
Risk Management & Asset Protection - 5 Offshore Entities
What are off shore trusts,
What are off shore trusts used for,
What are the advantages of off sh...
5
cards
Risk Management & Asset Protection - 6 Self-settled Trusts
How domestic trusts can be used a...,
What are self settled trusts,
What are grantor trusts
5
cards
Risk Management & Asset Protection - 7 Predator and Creditor Protection Strategies
What is a creditor protector stra...,
What are some examples of credito...,
What are the advantages of a trust
14
cards
Risk Management & Asset Protection - 8 Fraudulent Conveyance
What is fraudulent conveyance
1
cards
Risk Management & Asset Protection - 9 Legalities of Asset Protection Strategies and Entities
0
cards
Risk Management & Asset Protection - 10 Income and Asset Protection Strategies in Marriage, Death, and Divorce
What are the challenges of asset ...,
What are the challenges of asset ...,
What are the challenges of asset ...
3
cards
Risk Management & Asset Protection - 11 Transfer and Protection of Digital Asset Management
What are the issues in the protec...
1
cards
Planning for Executives - 4 Different types of executive deferred compensation plans COPY
What is a stock option,
What are the two reasons why comp...,
What are the two types of stock o...
9
cards
Behavioral Finance 1- Neurological research and the relevance to financial decision making
Summarize the biological processe...,
Involuntary decisions heatbeat br...,
What part of the brain is respons...
13
cards
Behavioral Finance 2- Various behavioral biases and how they may impact client decision making
Categorize behavioral biases as t...,
Distinguish between behavioral bi...,
What are the 6 emotional biases
6
cards
Behavior Finance 3- Investor personality types and how they may impact client decision making
Ware the common investor personal...,
Independents,
What is an independent personalit...
8
cards
Family Dynamics 1- Key family roles and positions as they apply to related family organizations, trusts, and structures
Identify key family roles and pos...
1
cards
Family Dynamics 2- When and how to incorporate the appropriate family office infrastructure tailored to the family’s wealth level and objectives.
Define and describe the terms hum...,
Describe the elements necessary t...,
Describe family governance models
6
cards
Family Dynamocs 3- Questions to ask and documents needed to develop a family profile.
Explain common components of clie...,
Compare the dynamics of families ...,
Summarize common characteristics ...
4
cards
Estate and Wealth Transfers 2--Concept of powers of appointment
What is a general power of appoin...,
Define general powers of appointm...,
Describe the limitations of each ...
4
cards
Estate and Wealth Transfers 3 Various aspects of postmortem planning
Recognize the components of an es...,
Evaluate the circumstances under ...,
Use a disclaimer as an estate pla...
3
cards
Estate and Wealth Transfers 4 Estate planning issues for non-traditional relationships
Describe the common non tradition...,
Summarize estate planning issues ...
2
cards
Estate and Wealth Transfers 5 Proper titling and beneficiary designation strategies
Differentiate among types of titl...,
Evaluate the circumstances under ...
2
cards
Estate and Wealth Transfers 6- Probate estates and intestacy issues
Define the term intestate,
Explain why estate planning may b...,
Compare the financial outcomes of...
3
cards
Estate and Wealth Transfers 7- Gift, estate, and generation skip tax (GST) rates and calculations
Recall the current gift estate an...,
Recall the current gift estate an...,
Recall the current gift estate an...
5
cards
Estate and Wealth Transfers 8
0
cards
Estate and Wealth Transfers 8-- Deferring or shifting estate tax liability
Describe the strategies to reduce...,
Describe the strategies to reduce...,
Describe the strategies to reduce...
4
cards
Estate and Wealth Transfers 9- Income in respect of a decedent
Explain the concept of income in ...,
Explain the tax issues related to...,
Compare the tax consequences of a...
4
cards
Estate and Wealth Transfers 10- Valuation discounts
Describe valuation discounts as a...,
Describe valuation discounts as a...,
Apply an appropriate discount bas...
3
cards
Estate and Wealth Transfers 11- Use of trusts for estate planning
Evaluate the client s scenario to...
1
cards
Estate and Wealth Transfers 12- Fiduciary and trustee issues for estate planning and administration
Identify fiduciary and trustee is...
1
cards
Estate and Wealth Transfers 13- Advantages and disadvantages of various trusts for estate planning
Compare the advantages and disadv...,
2
cards
Estate and Wealth Transfers 14- Life insurance issues in the estate plan
Describe the taxation advantages ...,
Describe the tax impacts of life ...,
Outline the use of the ilit in th...
3
cards
Estate and Wealth Transfers 15 Estate planning strategies surrounding large illiquid assets
Recognize estate planning issues ...,
The family limited partnership fl...,
What special relief provision not...
16
cards
Planning for Executives - 13 Value, risks and tax implications of utilizing Section 10b-5(1) plans in concentrated stock situations
Explain the desired outcomes of u...
1
cards
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CPWA
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