Tax Planning Presentation

"Sharing the Love of the Heart of Christ"
You are invited to Cor Jesu Academy for a complimentary informational presentation:

“The New Tax Law and How It Affects You”

Tuesday, April 24, 2018   |   6:00 – 8:00 p.m.

Student Commons  

 
Breakout Sessions and Q&A Panel

Topics:
529's Expansion and Funding Catholic Education
Charitable Giving
Estate Planning
Financial Advising Overview: Choosing an Advisor, Saving, Paying off Debt



Some of the questions that will be answered during the presentation include the following:

Q: How do I know if I need a Will or a Trust? 

Q: I have a Will so I don't have to worry about probate, right?

Q: How much money do you need to have before you need a trust?

Q: What is the best way to leave a gift to charities?

Q: What are the withdrawal limits per year per child for K-12 tuition?

Q: How much is the state tax deduction?

Q: When do dependent children need to file their own tax return?

Q: Can I donate to a 529 plan without a specific student named?

Q: I'm a MO. resident & already have a MoMost 529 plan established with funds to cover college tuition.  Can I contribute $10,000 to the 529 in 2018 and then withdraw $10,000 in 2018 to help pay for Cor Jesu tuition & take the 2018 Mo Tax deduction?

Q: What is the typical cost of updating an existing will and the cost of establishing a very simple trust.

Q: Will I be qualified for life time learning credit if I pay college education using 529?

Q: Which do I need, a Will or Trust?  How do I use a 529 to pay tuition?   Cost of setting up a trust?

Q: Is it true there is a disadvantage for single parents versus married parents regarding this change in law?

Q: Will the new tax laws simplify income tax filing?  With changes in withholding for 2018 will it be enough?  Has the rate of income tax lowered?  If yes, at which levels?

Q: How do the new tax laws affect real estate investments? What interest payments will be deductible?

Q: It’s my understanding that Missouri gives a tax deduction for 529 contributions, regardless of the 529 plan you use. Most people I know have invested in a MOST account, but should I consider another state’s 529 plan that performs better?

Q: How do the changes in the tax law affect 529 funding for K-8 schools?

Submit your questions for the experts in advance and RSVP below:

Presenters

Christine Boushka, C.P.A.

Wealth Advisory Manager, RubinBrown
Christine is a manager in RubinBrown’s Wealth Advisory Services Group, which provides integrated financial planning and tax services. She graduated with a bachelor’s degree from University of Kansas and a master’s from University of Kentucky. This is her eighth year in public accounting. She specializes in high-net-worth individuals, family partnerships, trusts and flow-through entities.

Rob Funke

Financial Advisor, Morgan Stanley / Market Street Group
Rob is fully engrained in the CJ community, married to Andrea Fischer Funke ’93 and the father of Abby ’19 and incoming freshman, Ella. Before joining Morgan Stanley in 2005, Rob acquired vast knowledge and experience from his previous 11 years with A. G. Edwards. Rob focuses on small business owners and retirees who are looking to build and maintain wealth with his team, The Market Street Group, managing over $450 million of client assets. This approach involves an advisory platform with strong emphasis on asset allocation. An ongoing review of each client’s portfolio allows him to assess new investment opportunities and re-evaluate strategies as market conditions and clients’ objectives change. Rob holds his Series 6, 7, 31, 63 and 65 licenses, is a member of the National Futures Association and a Municipal Finance Professional.

Melissa Lenz

Financial Advisor, Edward Jones
Melissa is a financial advisor for Edward Jones. She has been with the company for over 21 years and focuses on helping families organize, build, protect and transfer their wealth. Melissa’s husband is also an advisor with Edward Jones, and they have two children, ages 9 and 7. Their niece, Lauren, attends Cor Jesu.

Erin Reuter Merkle ’03

Estate & Elder Law Attorney, Reuter Merkle Law
Erin is a CJA Class of 2003 alum.  She is a partner at Reuter Merkle Law Firm, LLC, where she practices exclusively in the areas of estate planning and elder law.  Erin is a parishioner of St. Catherine Laboure and lives in South St. Louis County with her husband Mike and son George.


Angela Williams

Ascensus College Savings (MOST)
Angela has dedicated her career to advocating for people who face adversity. She is the Institutional Relationship Manager for MOST 529 Savings Plan. In this role, Angela is responsible for educating the community, employers and families about the benefits of 529 plans. Her passion, strategic vision and high capacity for executing on tactical plans have made her a valuable asset to many people and organizations. Angela is an idea generator. She exudes the intellectual and emotional fortitude to work in diverse organizational cultures with varied business professionals. This agility gives her a sense of comfort when engaging within sometimes contradictory perspectives. Angela holds a B.A. in Education/Political Science and a certificate in Nonprofit Management from UMSL. She is the mother of two sons, ages 22 and 16.