Planning News , OCTOBERO NEW ISSUES AND OPPORTUNITIES: RETIREMENT ACCOUNTS IN CHARITABLE PLANNING BRIAN T HOMPSON

Transcription

1 FINANCIAL PLANNING ASSOCIATION OF MID-OREGON Planning News Volume 5 Issue 7 October 2006 FPA OF MID-OREGON MONTHLY CHATPER MEETING TUESDAY, OCTOBERO 17TH TH, 2006 Lunch 12:30 p.m. 1:00 p.m. - 3:00 p. m. 2.0 Hrs CFP CE (1 hr Pending) 1.0 CLE CE (Pending) NEW ISSUES AND OPPORTUNITIES: RETIREMENT ACCOUNTS IN CHARITABLE PLANNING FPA Member $35 For Lunch And Program Non-Member $60 For Lunch And Program Guest $10.00 Downtown Athletic Club 999 Willamette St., Eugene, OR RSVP to: or BRIAN T HOMPSON ESTATE PLANNING ATTORNEY WITH LUVAAS COBB 1.0 HRS CFP CE 1:00 P.M. - 2:00 P.M. ALSO 2:00 3:00 P.M 1.0 HR CFP/CLE CE PENDING. THE OREGON COMMUNITY FOUNDATIONS GIFT PLANNING STAFF Real Life Case Studies - How You Can Help Your Clients Make the Best Kind of Charitble Gifts and Bequests - presented by 3 members of Oregon Community Foundation's Gift Planning Staff

2 2 FPA of Mid Oregon Board Of Directors Linda Thomas-Bush CFP, CTFA President US Bank Carlene Carter, CFP President Elect Co-Program Director Carter & Carter Financial Rene` Nelson Certified Mortgage Planner President Elect 2007 Western Mortgage Brokers, Inc David Hinson, CPA, CFP Treasurer Legacy Financial Services, Inc Mike Ritchey, CFP, MBA Secretary Future Planning Systems Michael Syman-Delger, CLU, CFP Sponsorship Director Farmer s Financial Services michael@syman-degler.com Tish Hathaway AIF : Candidate for CFP Certiftcation Co Programs Director Socially Responsive Financial Advisors patricia@responsivefinancial.com Jonathan Brant Co Programs Director Journey Tree Financail Planning and Inviestmests jonathan@journeytree.com David Bonebrake Membership Director Bonebrake Financial Planning and Investments david.bonebrake@brecek.com Donnie Carptener Secretary Elect Alison,LLC Investments Advisors donnie@alisonllc.com Linda Barba Executive Directors Linda Thomas- Bush FPA of Mid- Oregon 2006 President US Bank Trust Greetings: For the first time this year, I m sitting in front of the computer and can t think of much to report. Those who know me well would now be picking themselves up off the floor, having falling there in amazement. I was talking to someone this morning about the Oregon v. Oklahoma football game and was told Bill Moos left the game early. If that s true, all I can say is. Ye of little faith, Mr. Bill. Weren t Larry Jaffe and Jim Cox good last month? Though Jim s presentation wasn t long, it was a real eye-opener for me to learn that if I give a contribution to one or more of Oregon s 1,200 qualifying non-profit cultural organizations during 2006 and make a matching contribution to the Oregon Cultural Trust, then I can take that contribution as a tax credit on my Oregon Income Tax Return ($500 for an individual; $1,000 for couples filing jointly). That s a heck of a deal! Our meeting this month, October 17, features another of our Chapter members, Sara Brandt from Oregon Community Foundation and Attorney Brian Thompson. They will provide insight on advising our clients with respect to charitable gifts, focusing on the new opportunity of using retirement plans in the gifting process. A total of 2 CE hours are offered. I hope to see everyone at the DAC on the 17 th! Linda S. Thomas-Bush, CFP, CTFA President, Mid-Oregon Chapter

3 3 FPA OF OF MID-OREGON 2006 CALENDAR OF UPCOMING EVENTS FALL SCHEDULE REGON 2006 C Join us for the 3 highly informative FPA Programs this Fall! Come network with other professionals and receive up to 7 hours of CFP CE. SEPTEMBER 19th What You and Your Clients Need to Know for Effective 2006 Year End Tax Planning - Larry Jaffe, CPA (1 Hour CE) PLUS How You and Your Clients Can Benefit from Contributing to the Oregon Cultural Trust - a brief presentation by Jim Cox of the OCT. Golden Circle Sponsors are greatly appreciated annual supporters of the FPA of Mid-Oregon. Thank You for your continued support of the Financial Planning Profession! OCTOBER 17th New Issues and Opportunities: Using Retirement Accounts in Charitable Planning - Brian Thompson, Estate Planning Attorney with Luvaas Cobb (1 Hour CFPCE) and Real Life Case Studies - How You Can Help Your Clients Make the Best Kind of Charitable Gifts and Bequests - presented by 3 members of Oregon Community Foundation's Gift Planning Staff (1 Hour CFP CE) NOVEMBER 14 Smart Investments 2007: Hear from a Portfolio Manager and other Investments Professionals on Where They See the Best Opportunities (3 hours CE) Call or

4 4 UPCOMING EVENTS AT THE DOWNTOWN ATHLETIC CLUB Jazz begins at 8:00 pm to 11:00 every Saturday evening in the AX BILLY GRILL SPORTS BAR on the third floor of the Downtown Athletic Club at 999 Willamette Street. October 7th Mike Denny October 14th Carl Woideck October 28th Olem Alves No Cover Charge, the public is welcome! Third Thursday Tasting: Denise Williams From Bacchus Wine

5 5 **NOTICE** Due to the high number of members forgetting to RSVP for Chapter Meetings, as of January 2006 we will be reinstating the past policy of charging an additional $5 for walk-ins. We encourage you to RSVP 24 hours in advance to: NEW REQUIREMENT FOR CFP BOARD REGISTERED CE SPONSORS: Effective January 1, 2006, the CFP Board will require all CE Sponsors to report attendee lists electronically. That means that for those of you that come to our chapter meetings and want CEs, this will be a much easier process for you. Here is what we will need from you in order to make this work: Social Security Number OR CFP Registrant ID Last name, first name, middle initial That s it! We ll keep your information in a database so that you only need give it to us once. No CE Certificates will need to be issued any longer. You will now go online to check the status of your CE hours. Within 2 business days of each meeting, your CE hours will be posted. Please visit: for more information. Linda Barba with your info from above:

6 6 Important Notice for CFPs needing CEs!!! Now that we must submit all CFP CEs electronically, all you need to do is go to the CFP website to add the courses you need for your CE requirement to your account. However, people have been entering our chapter's name in different ways and you won't find any classes unless you enter it the way the CFP Board has us listed. Please follow these steps: 1) Go to 2) Login 3) Select "My CFP Certification" tab 4) Select "add CFP" 5) Enter "FPA - Financial Planning Association" (include the hyphen or the site won't come up) 6) Click on "FPA - Financial Planning Association" and a menu of courses offered by the association appear. 7) Click on "Select" aside the course you want and it will be added to your account. 8) There will be a box that you must check that indicates that you did attend this training. Repeat this exercise for other courses taken by this association. The site is very unforgiving for incorrect association names. That's why we wanted to give you the correct spelling. Good luck!

7 7 FPA of Mid Oregon P.O. Box 1452 Eugene, OR Voic Mission Statement Financial Planning Association of Mid-Oregon Provide a forum for financial service professionals to engage in the following activities for the ultimate benefit of the conumer. Education and professional development Promote high ethical standards of practice Network with professionals In related disciplines Encourage and promote public awareness of benefits and planning BECOME A MEMBER TODAY! Chapter Meeting Information hapter meetings are held Januy through December, excluding une, July and August, with a ymposium in May. Starting with e November 2006 meeting, we ill be moving to a quarterly eeting format. Stay tuned for etails. onthly meetings include a buft lunch, networking opportunies with allied professionals and program designed to provide ducation and professional evelopment. rking: Parking is available and validated the Overpark located on 10th & Oak St. uest Policy: You are encouraged to bring a est to a meeting. First time guests are e. Please include the name of guest when gistering. ncellations: Cancellations must be no er than 24 hours before meeting date. ease register no later than 24 hours prior the meeting date. Place Your Ad Here! Looking for Professional contact in the Lane County Area? Place your advertisement in the Mid-Oregon Planning News and reach a multitude of professionals in one easy step! Mid-Oregon Planning News monthly advertising rates: Business card $25 Quarter Page $80 Half Page $110 Full Page $180 Run your ad for consecutive months and receive a volume discount! Co-Executive Directors Lori Kats and Linda Barba at Lkats@yahoo.com or for further information. Membership in the FPA. A valuable asset The FPA is a dynamic organization able to offer its members many benefits. As a member of the FPA, you will gain access to a combination of the best networking opportunities, peer reviewed publications, continuing education, practice management tools, and career development support. FPA is your link to the best resources available to help you succeed as a professional in the financial planning community. For information regarding membership to the FPA please contact: Membership Director: David Bonebrake or Executive Director - Linda Barba at or Applications are also available at our monthly Chapter Meetings held at the Downtown Athletic Club. Additional information regarding the FPA can be found at our website, with links available to the National Foundation.