WELCOME TO THE WEBSITE FOR THE NORTHEASTERN MICHIGAN ESTATE PLANNING COUNCIL.
Thursday, April 27 2023
Our February program featured Michael Gregory, ASA, CVA, and a Qualified Mediator with the Minnesota Supreme Court. His presentation was titled "How to Avoid and What to Do if Audited by the IRS." He had 28 years of experience with the IRS in a variety of capacities, with an emphasis in business valuation and specialist issues nationally. He has written 12 books focusing on IRS issues, business valuation and conflict resolution
His program included background on the IRS as it relates to the Estate and Gift Tax Program. He discussed pertinent changes within the organization and and provided insight into the different cultures associated with business appraisal at the IRS. An explanation of the IRS classification system as it relates to Estate and Gift tax audits was provided, as well as a review of some pertinent court cases. Information on how to initially avoid an audit was provided, followed by advice on how to most effectively communicate with IRS personnel in order to resolve a conflict.
The NMEPC is currently comprised of about 100 members from five disciplines: CPAs, Attorneys, Financial Services Professionals, Trust Officers, and Development Officers of non-profit organizations. Annual dues are $150, which includes the program materials and a buffet luncheon.
A junior membership has been established for those who do not qualify for full membership but are studying for or working toward a designation, certification or qualification in one of the five disciplines. Annual dues are $75. A junior member must be employed by and/or actively involved in one of those fields in the State of Michigan. A junior membership may be renewed for a maximum of three years, with the expectation that, at or before othat time, the junior member would meet the qualifications for full membership.
The NMEPC meets on the last Thursday of September, October, January, February, April and May. Meetings are held in person at the Great Hall in Midland and at Isabella Bank in Mt. Pleasant. Joining by Zoom is an option, except for the annual meeting in May, which is generally held at a different venue. Lunch is served at 12:00 noon, with the program beginning at 12:30 and concluding at 1:30 p.m.
♦ To effect and promote the coordination of professional services necessary for proper estate planning including charitable giving.
♦ To improve the understanding, knowledge and skill of the member professional groups in their efforts on behalf of their clients and in appreciation of each specialized service.
♦ To raise the standards of cooperation between the professional groups for more effective application and employment of professional services in behalf of public interest.
♦ To promote and encourage the appropriate use of the professional services available from the different groups coomprising the membership of this Council.
If you would like to join the Council, please click here for an application form or contact us at email@example.com. Our mailing address is: NMEPC, P.O. Box 347, Freeland, MI 48623. For an application for a Junior Membership, please click here.
If you have any questions, please contact us at firstname.lastname@example.org.