This session will start with a review of the mechanical basics of Qualified Opportunity Funds (“QOFs”). From here an extended dialogue will be opened-up about real life and practical applications in using QOFs. Key areas will include: · The importance, complexities and practical difficulties of having other funds (e.g. non-eligible gains) in a QOF. · The Opportunity Fund market space and what it currently looks like- types of funds, sponsors, fund structures, etc. · Issues to consider in evaluating Opportunity Funds · Investment and financial planning considerations for the client considering these investments · An update on the gift and estate planning implications of holding QOF investment.