“Ultimately you want to provide guidance that will help clients protect their assets.
East Northport, NY (PRWEB) September 10, 2013
Mary Pat Wesche, principal at Forum Financial Management and partner in the Forum CPA Group, discusses how changes to tax legislation may affect personal tax strategies in divorce. Her presentation, “The Taxpayer Relief Act of 2012: Navigating the New Tax Environment”, will examine the new tax rates, as well as limitations on itemized deductions and personal exemptions. Wesche also covers planning strategies for income taxes, long-term wealth accumulation and estate taxes. Her session is scheduled for Saturday, September 21.
According to Wesche, the new legislation may mean unexpected surprises for taxpayers, particularly those in higher income brackets. “Understanding how the changes can affect your clients and planning for them is key,” she explained. “Ultimately you want to provide guidance that will help clients protect their assets.”
“With this tax year drawing to a close, tax legislation and what it means for divorcing clients’ portfolios is one of the most pertinent topics on the conference agenda,” said Andrew Samalin, president of ADFP. “Mary Pat Wesche clarifies complex issues in the new tax law and offers attendees practical suggestions for handling those issues.”
Wesche is a CPA, PFS and CFP with more than 25 years’ experience in tax and accounting services. She specializes in helping clients create and preserve wealth by providing them with a diversified and well managed portfolio designed for their individual needs. Wesche also ensures that their tax, insurance, and estate planning needs are met. She earned a Bachelor of Science in Accounting from St. Joseph’s College and an MBA from the Northwestern University Kellogg School of Management. Wesche is a member of the American Institute of Certified Public Accountants, Illinois CPA Society and the Financial Planning Association.
The 11th Annual ADFP Conference is being held September 19-21 at the Chicago Hilton/Magnificent Mile Suites. The three-day agenda offers comprehensive divorce financial planning education and the opportunity to network with leading divorce financial planning professionals. Continuing education (CE) credits are available for financial planners, accountants and CDFAs. Both ADFP members and non-members are welcome. For a complete agenda and online registration, visit the ADFP website, http://www.divorceandfinance.org or call 888-838-7773.
About the Association of Divorce Financial Planners
The ADFP is an interdisciplinary association of professionals who research and analyze personal and business financial issues, as well as tax implications, related to divorce. The association develops outreach programs, and training and continuing education opportunities for financial practitioners, allied divorce professionals and the general public. The organization plays a key role in policy making regarding divorce financial issues. The ADFP holds its members to high standards in professional and ethical protocols in the U.S., Canada and other countries. Comprehensive information on the ADFP can be found at http://www.divorceandfinance.org.