Join us for a session that offers a top-level understanding of the 1042 rollover and the incredible opportunities it offers to business owners who opt for this election. We'll cover its qualifications, requirements, and commonly used investment strategies, providing in-depth insights into each aspect. But that's not all - we'll wrap up the session with a presentation and interactive analysis of several pertinent case studies. This is your chance to gain a comprehensive grasp of the 1042 rollover, its benefits, and how it can be effectively utilized in your specific circumstances. Don't miss out on this valuable opportunity to explore this powerful financial tool.
Learning Objectives:
Understand the typical ESOP structure and what qualifications must be met to elect IRC Section 1042, including: Percentage of ESOP ownership, Stock type and origin, Holding period, Reinvestment window and requirements, Tax filings.
Identify what Qualified Replacement Property entails: Eligible vs. non-eligible QRP, Disposition of QRP, What triggers capital gains tax and what doesn't.
Understand common diversification strategies such as: Passive strategy. Active/flexible strategy, Blended strategy. You’ll also learn the resulting portfolios and advantages and disadvantages of each strategy
Nick Francia, CEPA
Managing Director - Private Wealth Management The Capital ESOP Group at UBS Fairfield, Connecticut