Excerpt from: Strafford Pub (click for more information)
Tuesday, June 18, 2013
1:00pm-2:30pm EDT, 10:00am-11:30am PDT
Early Registration Discount Deadline, Friday, May 24, 2013
Elder law practitioners must integrate estate planning with long-term care planning and may need to contemplate a client's eligibility for Medicaid long-term care coverage. Understanding the tools available to assist clients in achieving Medicaid eligibility, while ensuring assets are protected, is critical.
Strategies to consider for income planning, gifting and asset protection include annuities and various trusts such as special needs trusts and credit shelter trusts.
Counsel must understand transfer of asset rules, exceptions to the rules, the application of the five-year look back, and how to maximize coverage. Counsel must also recognize pitfalls and potential penalties for transferring and gifting assets.
Listen as our authoritative panel of elder law attorneys outlines how to use estate planning tools to best ensure that clients meet the Medicaid eligibility requirements.
Patti is speaking at this event.
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