Pluto Legal, PLLC

866-457-3131

Pluto Legal, PLLC
Pluto Legal, PLLC
Pluto Legal, PLLC
Pluto Legal, PLLC

There For You

Pluto Legal, there for you. Attorneys Leah Gilbert, Lisa Pluto, Lauren Fink.Pluto Legal, PLLC is a law firm that cares for you and your family. We will help you find the best plan for your situation. If we are unable to help you we will refer you to a qualified professional that can. In looking for a plan that is best for you we work with your financial advisor and/or your accountant.

If you do not have one we will assist you in finding one as we work with many qualified people. We are also very willing to work with your children or other family members if you feel this process is too much to handle.

 

Upcoming Events Click HERE to View LARGE Calendar


New & Noteworthy

 

Timeline Photos

November 30th, 2016

Come and visit our booth today and tomorrow at the MN Dairy Expo at the St Cloud Rivers Edge Center. Booth 509.

Timeline Photos

October 14th, 2016

Lisa speaking at the MFDA Conference.

Continuing Legal Education | National Business Institute

October 11th, 2016

Estate Planning for Farmers and Ranchers November 4, 2016 - Sioux Falls, SD Program Highlights: Sioux Falls, SD November 4, 2016 Learn More or Register Now 8:30 am - 4:40 pm (Check-in: 8:00 am - 8:30 am) Tuition: $349 - First Registrant $339 - Each additional registrant Faculty: Kaitlin M. Pals Lisa K. Pluto Bobbi L. Thury Jordan D. Veurink Location: Homewood Suites by Hilton Sioux Falls 3620 West Avera Drive Sioux Falls, SD 605-338-8585 Credit: Financial Planners - 8.00 CPE for Accountants/NASBA - 8.00 How to Register: Online - Register Now Phone - 800-930-6182 Reference Event Number: 73434 How to Protect Farm Assets and Transfer Them to Heirs Estate planning for farms and ranches requires specialized knowledge and tools to ensure the best client representation. This legal course will give you the knowledge to preserve the farms and other assets your clients have worked their entire lives to acquire and build. Explore the challenges and opportunities unique to estate planning for farmers to help make good sense of difficult legal and financial policies. Learn what you need to know about estate taxes, wills, trusts, government programs, and other key elements. Help your clients take care of their estate planning needs and their family's future - register today! • Clearly determine the goals and objectives of your client and all interested parties. • Learn how to use family farm assets to fund retirement and long-term care. • Take full advantage of government farm programs and valuation discounts. • Explore the deciding factors in choosing the right business entity when planning ownership transfer. • Analyze the liquidity of farm assets and augment each plan accordingly. • Employ all available tools for transferring assets and preserving wealth. • Tackle harvest yield predictions and other unique factors of farm asset valuation. • Recognize when giving away the farm is the wisest financial decision and how to do it properly. Agenda: I. Business Structure Choice and Conversion - Including Sample Documents 8:30 - 9:15, Jordan D. Veurink A. Entity Choice 1. Sole 2. Partnership 3. LLC 4. FLLP 5. Multiple Entities B. Creditor/Liability Protection C. Entity Conversions: Why and When 1. Retaining the C Corporation 2. Adding a New Entity (e.g. LLC) 3. Converting to an S Corporation 4. Converting to Multiple Entities 5. Converting to a Family Limited Partnership 6. Dissolving the C Corporation and Starting Over D. When Should Conversion Plans be Made? E. How are Conversion Plans Implemented? II. Income and Gift Tax Planning 9:15 - 10:00, Jordan D. Veurink A. Self-Employment Tax B. Reporting Farm Income C. Reporting Tax on Deferred and Installment Payments Received D. Taking Advantage of Farm Deductions E. Farm Equipment Depreciation F. Family-Owned Business Deduction G. Use of Conservation Easements H. Corporate Stock as a Major Estate Asset III. Planning for a Full or Partial Outright Sale or Gift 10:15 - 11:00, Jordan D. Veurink A. Sale to Third Party 1. Financing 2. Tax Considerations 3. Purchase Agreement Design B. Gifting IV. Non-Tax Estate Planning Considerations 11:00 - 11:30, Lisa K. Pluto A. Should the Farm Own the Residences? B. Should the Farm Own the Vehicles? V. Planning for a Gradual Transfer within the Family 11:30 - 12:30, Lisa K. Pluto A. Leasing Land to Family B. The Drawbacks of Successive Life Estates C. Taking Off-Farm Beneficiaries' Interests into Consideration D. "Imputation" E. Federal Farm Program Limitations F. Farm Ownership vs. Right to Use VI. Agricultural Use Valuation 1:30 - 2:15, Kaitlin M. Pals A. Land Measurement, Description, Zoning B. Livestock Valuation and Sale C. Valuation of Crops in Progress - Predicting Harvest Yield D. Valuation Discounts VII. Life Insurance, Disability Insurance, and Retirement Planning 2:15 - 3:00, Kaitlin M. Pals A. Funding Disability B. Retirement Planning C. Health and Accident Plans D. Liquidity Planning VIII. Transfers upon Death: Key Estate Administration Concerns 3:15 - 4:00, Bobbi L. Thury A. Estate Tax Provisions Unique to Family Farms B. Liquidity Problem in Administering an Estate That Includes a Farm C. Administering an Estate That Includes a Bankrupt Farm D. Disposing of Trust-Owned Farms and Ranches IX. Planning for the Heirs/Beneficiaries 4:00 - 4:40, Bobbi L. Thury A. Tax Considerations for Farm Heirs B. Fairness to Non-Farm Heirs Continuing Education Credits: Financial Planners - 8.00 CPE for Accountants/NASBA - 8.00 Credit related questions? Contact our credit specialists: (866) 240-1890 - credit@nbi-sems.com Specific accreditation information for participating in this seminar can be referenced on our website. Please note that program duration may not reflect credit hours. Mail Fax Phone Online NBI, Inc. - PO Box 3067 Eau Claire, WI 54702 1.715.835.1405 1.800.930.6182 www.nbi-sems.com Walk-in Registrations? Space permitting, we are happy to accommodate! If you plan to register at the door, feel free to call ahead so we can confirm availability. Can't Attend? Order Materials. We recognize that a key program benefit is the opportunity to network with faculty and program participants, but you don't need to miss out on content! Materials ship about two weeks following the program, but you can reserve your audio recording and reference manual today! Browse our extensive collection of related education products by visiting our online bookstore.

National Business Institute (NBI) provides continuing legal education (CLE) training seminars, teleconferences, webcasts, self-study materials, and online CLE via on-demand streaming or downloadable MP3 audio.

Continuing Legal Education | National Business Institute
nbi-sems.com

National Business Institute (NBI) provides continuing legal education (CLE) training seminars, teleconferences, webcasts, self-study materials, and online CLE via on-demand streaming or downloadable MP3 audio.

Timeline Photos

October 1st, 2016

So much fun at Escape 605 in Sioux Falls. Great team building!! We escaped the room in time with no extra clues 👍🏻👍🏻.

Photos from Pluto Legal, PLLC's post

September 29th, 2016

At the MNHSWA Expo in Hinckley.

Contact Us

Pluto Legal, PLLC
100 E. Highway 14
Tyler, MN 56178

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