MEREDA’s “Morning Menu” Breakfast Event: ” Protecting Your Property – Hot Topics in Estate and Retirement Planning for Real Estate Investors”

BreakfastLogoJoin the Maine Real Estate & Development Association (MEREDA) for breakfast on October 28 from 7:30 – 9:00 AM at the Clarion Hotel, 1230 Congress Street in Portland as two top financial experts discuss ways to protect your property through estate & retirement planning.

Did you know….. In 1974 the IRA was designed to be a self-directed retirement plan that provides tax deferred growth and was intended to provide the freedom to invest in an abundance of assets.  But somewhere along the way, one of the most important concepts of owning an IRA was lost, the concept of self direction and investing in assets that best suit the individual investor.  Assets such as real estate, promissory notes, businesses, live stock, assets that the investor knows and understands.

Many investors have been falsely misled to believe that the stock market is not only the best place but the only place to invest retirement money. There are many different permissible investments, investments beyond the traditional stock market which may suit different investors.  Laurie Bachelder of Freedom Wealth Advisors will provide an overview that will  include plan investments, prohibited transactions, types of retirement accounts, disqualified persons, leverage and more.

Separately, real estate investors face particular challenges in employing common estate planning techniques.  Income tax planning obstacles such as loss carryovers, phantom income, and negative capital provide significant traps for the unwary.  Many estate planning techniques fail to take into consideration such income tax concerns, which are not prevalent for other types of business and investment interests.

Baker Newman Noyes’ Jean McDevitt’s presentation will focus on avoiding pitfalls at the intersection of income and estate tax, and highlight ideas for planning with real estate holdings.  Jean will discuss these estate planning hazards as well as introduce a planning opportunity for those with an appetite for the complex.

Registering for this Event:
Your RSVP is requested by October 22, 2014. Payment is expected at the time of registration. No refunds will be granted to anyone who registers, but fails to attend or who cancels after October 22.

Ticket Prices:
Members: $45.00 per person | Non-Members: $55.00 per person.
Prices increase by $10 after October 22.

Visit for more information and to register.

This MEREDA “Morning Menu” Breakfast Event is Sponsored by Norway Savings Bank and Baker Newman Noyes.

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