Effectively Prepare Your Clients for Medicaid Eligibility

Are you confident you’re utilizing all the transfer techniques that can help your clients protect assets while qualifying for Medicaid? This practical guide will give you the knowledge and skills you’ll need to help clients comply with lookback requirements and income and resource criteria. From simple approaches like gifting to the more complex Medicaid trusts – learn what works and get sample documents to ensure all your approaches are implemented impeccably. Register today!

• Clarify Medicaid resource and transfer eligibility and find out what techniques work best.
• Save drafting time with sample Medicaid trust provisions.
• Learn what can be done when long-term care need is imminent.
• Tackle interstate issues without jeopardizing eligibility.

Understand All the Wealth Planning Options Available to Your Clients

Planning your clients’ financial future and legacy is diverse and complex, with a unique tool for every unique client situation. In this fast-paced comprehensive program, our faculty will guide you through the plethora of trust options and give you a straightforward, incisive analysis of when and how each can be used for maximum effect. Explore the goals, functions, administration hurdles, and tax implications of the top trusts in the practice. Choose the best tool for the job every time – register today!

• Weigh all the pros and cons to select the best trust options for specific client situations.
• Anticipate tax consequences of various trusts.
• Use sample trust language our faculty provide to save drafting time and avoid mistakes.
• Clarify the powers and duties of trustees in different trusts.
• Compare living and testamentary trusts for straightforward estate planning.
• Distinguish between accounting and taxable income and learn how trust income tax is reported.
• Understand how recent tax laws changed the practice of marital trusts and learn when they are still useful.
• Review common ethical missteps that can cost you your license – and how to avoid them.

Understand All the Wealth Planning Options Available to Your Clients

Planning your clients’ financial future and legacy is diverse and complex, with a unique tool for every unique client situation. In this fast-paced comprehensive program, our faculty will guide you through the plethora of trust options and give you a straightforward, incisive analysis of when and how each can be used for maximum effect. Explore the goals, functions, administration hurdles, and tax implications of the top trusts in the practice. Choose the best tool for the job every time – register today!

• Weigh all the pros and cons to select the best trust options for specific client situations.
• Anticipate tax consequences of various trusts.
• Use sample trust language our faculty provide to save drafting time and avoid mistakes.
• Clarify the powers and duties of trustees in different trusts.
• Compare living and testamentary trusts for straightforward estate planning.
• Distinguish between accounting and taxable income and learn how trust income tax is reported.
• Understand how recent tax laws changed the practice of marital trusts and learn when they are still useful.
• Review common ethical missteps that can cost you your license – and how to avoid them.

Get the Latest on Medicaid Application and Asset Planning Tactics

Middle-class Americans seeking asset protection cannot afford to ignore the potentially devastating costs of nursing homes and other long-term care. Nursing homes are among the most common and largest creditors an average American is likely to face in his or her lifetime, but only about 10% of the population has long-term care insurance. For the other 90%, Medicaid is the primary source of payment, so a basic understanding of the Medicaid asset protection process is vital for all professionals who work with seniors and their families. This course will provide an overview of asset protection concepts and strategies that elder law attorneys can use to legally and ethically protect assets while facilitating earlier Medicaid eligibility, and a set of crisis-management tools to prevent and correct inadvertent loss of benefits. Register today!

• Learn what the income eligibility requirements are when applying for Medicaid.
• Protect your clients’ interests by knowing what’s exempt and what’s not.
• Employ the most practical and effective asset transfer methods to comply with the spend-down requirement.
• Explore crisis planning methods to restore Medicaid benefits as quickly as possible.
• Guide clients through the Medicaid qualification process by knowing what’s involved.

Transfer Assets and Protect Medicaid Recipients’ Eligibility

Planning for Medicaid requires specialized knowledge and finesse. This practical course focuses on one of its major aspects: managing the effect of gifts on Medicaid planning. Make sure simple mistakes don’t interfere with clients’ eligibility – register today!

• Get an update on current Medicaid programs and eligibility criteria.
• Learn on real-life examples how to cure prior gifts.
• Get tips on making the best use of trusts in Medicaid planning.
• Manage tax consequences of gifts.

Provide Your Clients with the Full Spectrum of Trust Options

When assessing complex information, it often helps to break items into basic building blocks. The same approach can be successful when dealing with trusts. Be prepared for specific challenges associated with various types of trusts by understanding their unique characteristics. Our intensive full-day primer will provide you with a comprehensive overview of the wide variety of trusts available. Register today!

• Learn what not to do when selecting and drafting a trust to avoid common mistakes.
• Learn how to choose the most beneficial vehicle for preserving your client’s wealth: understand the purpose behind the various types of trusts.
• Save money on taxes with effective use of trusts.
• Determine whether a client qualifies as a beneficiary of a special needs trust.
• Don’t reinvent the wheel – modify our sample trust documents and use our drafting tips to create airtight trusts.

This is a rebroadcast of the original webcast delivered by Matthew J. Leonard and Meghan E. McCulloch on January 14, 2020. Faculty will be available to answer your questions after the program.

Long-Term Care Planning Tools for Every Client

Go through a series of common client scenarios and get practical solutions to common Medicaid and SNT planning dilemmas. Register today!

• Assess all the contributing needs and factors that will affect your clients’ Medicaid planning.
• Create planning options for single applicants.
• Preserve benefits and qualify beneficiaries for SNT in cases of childhood disability.
• Prevent penalty periods when planning for immediate nursing home need.
• Learn when and how to use trusts in Medicaid planning.
• Find out how child caretaking work can help and hinder the parents’ Medicaid eligibility.