SPEAKING ENGAGEMENT / SPONSORED
Stay Informed on California's Unclaimed Property Voluntary Compliance Program
Webinar
July 25, 2024
Event details
July 25, 2024
This event is in the past. See recordings and other materials from this event below.
McDermott Will & Emery attorneys Eric D. Carstens and Diann Smith, together with BDO and the California State Controller’s Office Voluntary Compliance Program Project Director, participated in a webinar to explore California’s Unclaimed Property Voluntary Compliance Program (VCP) and the latest updates. Speakers provided a comprehensive overview of unclaimed property trends and recent changes to the state’s law establishing their VCP.
Discussion topics included:
- Overview of the VCP application filing, due diligence, and reporting process to be better prepared upon enrolling in the program.
- Frequently asked questions we receive from clients regarding the VCP.
- Review of legal cases and the importance of addressing legal considerations or positions in collaboration with the California State Controller’s Office.
- Interest abatement benefits of the California VCP along with multistate risk mitigation strategies.
Speakers