11:00am - 12:00pm
Katie O' Rourke
12:00pm - 12:30pm
12:30pm - 1:45pm
Dr. Barry H. Sacks, J.D., Ph.D. and Mary Jo LaFaye
1:45pm - 2:00pm
1221 Chess Drive
Foster City, CA 94404Driving Directions
-NAIFA Member $25
-Non-NAIFA Member $40
-Meeting Sponsor $500
This year, NAIFA will host 1 Special Expo: These meetings will be four hours with multiple featured speakers and exhibitor session. The cost of this sponsorship is $500. The following is included in your sponsorship.
·You will have a table to display your sales materials and giveaways
·Your company will be recognized with signage at each lunch table.
·Includes the cost of lunch registration for the sponsor plus one guest.
·You may bring a raffle prize to the event (usually $50) and host a raffle to collect business cards from attendees.
"Long Term Care Planning Options"
Katie O' Rourke, Managing Partner
California Long Term Care Insurance Services
A review of LTC issues, need for planning & what's available in insurance marketplace
About the Speaker
Katie O'Rourke is a 30+ year veteran of the insurance industry and Managing Partner of California Long Term Care Insurance Services, Inc. Katie has been a speaker at local and national insurance forums for Long Term Care planning. She works with consumers, businesses and associations and trains insurance professional on the need for Long Term Care planning. Katie represents the top companies in the industry and is a member of the National LTC Network Association.
Katie is a graduate of Indiana University, School of Business and has a degree in Finance. Katie has been trained to offer LTC Partnership plans and is Certified in Long Term Care (CLTC). Her interest in LTC planning was motivated by the hardship her family faced when her grandmother needed care in an assisted living facility.
"Reverse Mortgage Solutions"
Dr. Barry H. Sacks, J.D., Ph.D.
Law Offices of Barry H. Sacks
Mary Jo Lafaye
Retirement Funding Solutions
About the Speakers
Barry H. Sacks, PhD, JD, is a tax attorney specializing in pension law. He is a 1973 graduate of Harvard Law School. Since 1974, with the enactment of ERISA (the pension reform law), he has practiced almost exclusively in the area of retirement plan law. For the past ten years, he has been listed in the peer-selected "Best Lawyers in America". In 2015, Barry was designated as Best Lawyers' "Lawyer of the Year" in the field of retirement plan law for the San Francisco Bay area. In addition, he holds a Ph.D. in theoretical physics from MIT, where he completed a doctoral dissertation that involved substantial mathematical modeling.
He published the pioneering research paper modeling the use of reverse mortgage credit lines to mitigate the effects of adverse sequences of investment returns in retirement accounts (Journal of Financial Planning, February, 2012). The retirement income strategy described in the Journal of Financial Planning article has been granted 2 patents. He published a sequel to this paper in the October, 2017 issue of the Journal of Financial Planning, expanding the range of application of the strategy. In 2016, he published an article in the Journal of Taxation ("Recovering a Lost Deduction") on the income tax deduction for interest accrued on reverse mortgages. While developing his model for the use of reverse mortgages in retirement income planning, Barry became aware of other needs of retirees (or soon-to-be retirees), including those who are moving to new homes and those who are in the process of divorce. As a result, Barry has published papers demonstrating various uses of reverse mortgages to address these retirees' needs.
One of the interesting features of cash value life insurance policies is the ability to borrow, on very favorable terms, a portion of that cash value. Barry recognized the similarity between the availability of that borrowing feature and reverse mortgage borrowing. So, today he'll present several uses of that borrowing feature and how it can help your clients achieve favorable financial results during their retirement.
Mary Jo Lafaye is a licensed Home Equity Conversion Mortgage (HECM) Specialist with Retirement Funding Solutions. Prior to her current position, Mary Jo accumulated 14 years in the reverse mortgage field, including seven years with Security One Lending and five years with Wells Fargo Home Mortgage. During this time she earned numerous awards, including Wells Fargo Leader's Club Member with highest customer service scores. She was chosen to train Private Bankers and Wealth Management Advisors on the most effective ways to employ this repayment-deferred line of credit as a retirement planning and cash- flow management tool to create more sustainable income throughout retirement. Mary Jo is well- known as a trusted resource for retirees - she has taught HECM concepts to real estate finance students at the College of San Mateo and to those seeking their SRES designation. She has participated in panel discussions and delivered hundreds of seminars and talks to groups ranging from the Retired Firemen's Association, Kaiser Permanente, Rotary Club, CPA Discussion Groups, CalCPA, SILVAR, SAMCAR, FPA, MAR, NorBAR, NAPFA, PFAC, Marin County Bar Association and many more.
Mary Jo enjoys educating and working with mature homeowners, their families and their trusted advisors to secure long-term sustainable retirement solutions. She is also certified to offer complimentary one and two hour Continuing Education (CE) classes for CFPs, CPAs, and Realtors.
Originally from Houston, Texas, Mary Jo has made the West Coast her home for over 27 years. In her spare time, she enjoys cycling, hiking, yoga, cooking, and traveling with her children. She is also conversational in Spanish, having traveled extensively throughout Mexico.