Course Description:
Utilizing Delaware Statutory Trusts (DSTs) as part of a 1031 real estate exchange provides multiple advantages to owners of investment real estate, including investment diversification, access to institutional-quality investments, and the ability to relinquish property management responsibility. This session will cover the fundamentals of DSTs, advantages and disadvantages, and provide examples of the types of real estate available in a DST structure.
Learning Objectives:
- Understand the fundamentals and vocabulary of Delaware Statutory Trust exchanges
- Compare the advantages and disadvantages of DSTs as part of a 1031 exchange
- Examine various uses of DSTs and the types of holdings currently available
| When: |
Thursday, October 31st, 2019. 12:00 PM to 1:00 PM EST |
| Where: |
Your Home or Office via Live Webinar |
| Speaker: |
Jerry Verseput, CFP |
| CPE Credits: |
1 Tax CPE |
| CLE Credits: |
1 Substantive CLE |
| Program Level: |
Basic |
| Prerequisites: |
None |
| Advanced Preparation: |
None |
| Delivery Method: |
Group Internet-Based |
The Presenter:
Jerry Verseput is a Certified Financial Planner (TM) and owner of Veripax Wealth Management, LLC, a Registered Investment Advisory firm in Folsom, California. Prior to establishing VWM in 2006, Jerry was a senior-level manager at Intel Corporation since the early 1990’s.
In addition to holding the CFP® certification, Jerry holds a BS in Computer Engineering and an MS in Telecommunications Engineering. He is also a member of the FPA (Financial Planning Association), and is registered as an MD Preferred Financial Advisor (a network for medical professionals). With the unique combination of a financial background, technical background, and large-company corporate experience, Jerry is ideally suited for helping professionally-oriented individuals, families and small businesses solve their financial planning and wealth management issues.
Jerry has been quoted in articles regarding investment strategy and financial topics in the Wall Street Journal, New York Times, USA Today, Money Magazine, Financial Advisor Magazine, Morningstar Advisor, Kiplinger’s Magazine and Chicago Tribune, and is the author of several published articles on investment performance and strategy. Jerry has extensive knowledge concerning income strategies, stocks, mutual funds, Exchange Traded Funds, alternative investments, stock options and retirement benefits, and is able to use his problem-solving skills and knowledge to address complex financial problems in ways that are effective and easily understandable.
About CPE/CLE:
* The ALA partners with McDevitt and Kline LLC for certificate issuance. Live, internet-based courses are approved as Distance Learning courses by the PA Supreme Court CLE Board. For additional information, please visit http://www.pacle.org/. Check with your State CLE Board for rules pertaining to live webcasts. These rules differ from state to state. For example, PA attorneys may earn up to 6 CLE credits per compliance period via live webcasts (or 6 out of 12 credits per year); NJ and DE attorneys may earn up to 12 CLE credits per compliance period via live webcasts (or 12 out of 24 credits per two years).
McDevitt & Kline, LLC is registered with the National Association of State Boards of Accountancy (NASBA), as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Web site:www.nasba.org.
