Consume & Converse with Phil Cubeta

Consume & Converse with Phil Cubeta

At this exclusive event, Phil Cubeta helped us think through the dynamics associated with Philanthropic Planning for Closely Held Business Owners in Transition from Success to Significance.

In our facilitated peer to peer conversation we discussed a particular case study we called, “Meet the Rileys” How would you plan for the Rileys, age 70 and 69 with an S-Corporation, worth $18MM, who say to you that they want to leave 25% of their $20MM estate to charity, 75% to heirs, and zero to the IRS? What are the estate tax, income tax, business exit, and family issues that would come to your mind? What skill sets other than your own might be required? What role would you play in convening a team? Who do you know like the Rileys? Do you see opportunities to do more with them in their legacy planning?

These questions and more spurred an informative and dynamic discussion of the factors to consider in properly advising a family such as the Rileys.

Philip Cubeta, MSFS, CLU®, ChFC®, CAP®, is the Sallie B. and William B. Wallace Chair in Philanthropy at The American College of Financial Services where he directs and teaches the Chartered Advisor in Philanthropy® (CAP®) curriculum.

Essays by Professor Cubeta on philanthropy have appeared in Nonprofit Quarterly; Tracy Gary's Inspired Legacies (Wiley and Sons: 2008); H. Peter Karoff, The World We Want: New Dimensions in Philanthropy and Social Change (Altimira Press: 2007); and Amy Kass, Doing Well Doing Good: Readings for Thoughtful Philanthropists (Indiana University Press: 2008). He has been quoted in, or been the subject of, articles in The New York Times, The Journal of Gift Planning, Lifestyles Magazine, Financial Planning, and the Financial Times.

View the presentations: Reflections: Toward Your Inspired Legacy  | The Riley Case

To contact our guest speaker:

Phil Cubeta - The American College of Financial Services, Sallie B. and William B. Wallace Chair in Philanthropy

Philip Cubeta, MSFS, CLU, ChFC, CAP
The American College of Financial Services, Sallie B. and William B. Wallace Chair in Philanthropy
P: 610.526.1319

Go Back

Share this:

Concept and Content by Terry White, | Images provided by Costa Christ Media LLC, | Website Design & Development by Champ Internet Solutions,

*Securities may be offered through Kestra Investment Services, LLC (Kestra IS), member FINRA/SIPC. Investment Advisory Services may be offered through Kestra Advisory Services, LLC (Kestra AS), an affiliate of Kestra IS. Not all persons listed can offer Securities and Investment Advisory Services. Texas Financial Partners is a member of PartnersFinancial, a platform of NFP Insurance Services, Inc. (NFPISI). Kestra IS and Kestra AS are not affiliated with Texas Financial Partners, NFPISI, or any other entity listed.

This site is published for residents of the United States only. Registered Representatives of Kestra Investment Services, LLC (Kestra IS) and Investment Advisor Representatives of Kestra Advisory Services, LLC (Kestra AS) may only conduct business with residents of the states and jurisdictions in which they are properly registered. Therefore, a response to a request for information may be delayed. Not all products and services referenced on this site are available in every state and through every representative or advisor listed. For additional information, please contact Kestra IS Compliance Department at 844-5-KESTRA (844-553-7872).