Multi-employer Pension Withdrawal Liability and the Financial Risks to the Company and Your Personal Assets webinar
Understand your present withdrawal liability and how it affects the value of your business
By Tim O’Toole
The Mason Contractors Association of America (MCAA) will present “Multi-employer Pension Withdrawal Liability and the Financial Risks to the Company and Your Personal Assets” on Wednesday, September 21, 2016, at 10:00 AM CDT.
Employers who contribute to multi-employer pension plans are occasionally surprised to learn of the existence of withdrawal liability. Even those familiar with the possibility of withdrawal liability are often unaware of the substantial amount the withdrawal liability could be. It has been requested that in connection with these issues, it would be helpful to discuss what exactly the potential issues/impacts/consequences of those plan’s status can be as it relates to your company and as to personal owners. What remedies are available to the plans and what financial impacts could they have? And in reality, how likely is it? If you are interested in understanding these financial impacts in order start to plan to navigate the storm, we urge you to participate.
This webinar is designed to assist you in your efforts to understand your present withdrawal liability and how it affects the value of your business, and your personal estate planning. This webinar will include a discussion of what withdrawal liability is, the business activities that can trigger it, how these events can impact other of your business and personal assets, and actions that can make a business owner personally liable for the liability. Also provided are steps employers can take to avoid being surprised by a withdrawal liability assessment or the amount of that assessment.
King & Ballow is one of the nation’s preeminent law firms, providing comprehensive legal services in a variety of practice areas to individuals and companies in all 50 states and around the globe. King & Ballow’s attorneys work with clients to implement proactive measures and set the groundwork to prevent disputes before litigation becomes necessary. King & Ballow believes time spent on training and preventative counseling is more productive for their clients than time spent in court. This philosophy is emphasized in King & Ballow’s array of seminars and webinars provided to both clients and the public.
DISCLAIMER: The material on this alert and upcoming webinar has been prepared by King & Ballow Law Offices, located at 315 Union Street, Nashville, TN 37201; 1999 Avenue of the Stars, Suite 1100, Century City, California 90067; and 6540 Lusk Boulevard, San Diego, California 92121, and may be considered advertising in some jurisdictions under the applicable law and ethical rules. The material is for informational purposes only and does not constitute legal advice or create an attorney-client relationship. ATTORNEY ADVERTISING pursuant to Tennessee Rules of Professional Conduct 7.3.
Mason contractors registered for Masonry Certification will receive 1.00 credits in the Ethics and Business Practices discipline upon completion of this course.
This webinar is free to all attendees. Register for “Multi-employer Pension Withdrawal Liability and the Financial Risks to the Company and Your Personal Assets” at www.masoncontractors.org/live.
Visit www.masoncontractors.org/live for more information and to view a full schedule of MCAA’s Live Webinar Series.
About the Author
Tim O’Toole is the Director of Marketing, Education, and Information Technology for the MCAA. He has a Masters in Business Administration from Webster University and has worked in the masonry industry since 2003.