BERKS COUNTY ESTATE PLANNING COUNCIL

Dear Estate Planning Council Professional:

You’re invited to the Estate Planning Council of Berks County on Wednesday, January 24, 2024, at Building 24 in Wyomissing.

Berks County Estate Planning Council member Maureen Gorman, Esq., and Berks County Estate Planning Council member, Bob Rice, Esq. of RICE CPA will be holding a presentation.

Networking | 5:15 PM – 6:00 PM

Dinner | 6:00 PM

Presentation | 6:30 PM

The Corporate Transparency Act (CTA), a federal statute that became effective January 1, 2024, requires many business entities to report information about their beneficial owners and other individuals involved in the entity formation process. While the primary goals of the CTA are to combat illicit activities such as money laundering and other crimes often committed through the use of “shell” entities, the CTA will have a profound impact on many small businesses. In addition, while entities like family limited partnerships and LLCs have become common estate planning tools, clients who have created, or are thinking of creating such entities, likely need to file beneficial ownership reports going forward. This program will focus on what entities are affected, and not affected, by the CTA, as well as what their reporting obligations may be.”

Maureen focuses her practice on estate planning, estate and trust administration, and wealth planning. In connection with her estate planning practice, Maureen has particular experience representing business owners. She also appears in the Orphans’ Court on behalf of trust and estate clients.

While in law school, Maureen served as a law clerk in the U.S. Attorney’s Office, Western District of New York, and as a Judicial Extern to the Hon. John E. Jones, U.S. District Court for the Middle District of Pennsylvania. She served as Chapter Justice of her school’s chapter of Phi Alpha Delta Law Fraternity and was a member of the Woolsack Honor Society. She also served as Editor-in-Chief of the Dickinson Law Review.

Bob has 40 years of experience including individual and entity-level tax planning, preparation, and compliance services. Client representation has been before federal, state, and local taxing authorities. Service provided to clients from a variety of professional backgrounds and industries. Expertise includes advising individuals, businesses, estates, and non-profit organizations. Expertise also includes valuating businesses and making recommendations based on tax implications. Practice also includes estate tax planning, divorce tax planning as well as educational and retirement planning. Bob is qualified and licensed as an Attorney, CPA, CVA, and Licensed Insurance Advisor.

First-time guests are free. A $75.00 guest fee will be applied after the first visit. All guests must be accompanied by a current Berks County Estate Planning Council member.

We look forward to seeing you.

Tricia Ludgate

President 2023-2024