Advanced Medicaid Planning Techniques: Trusts, Private Annuities, Spousal Transfers, Caregiver Agreements

A live 90-minute CLE webinar with interactive Q&A


Thursday, November 14, 2019

1:00pm-2:30pm EST, 10:00am-11:30am PST

or call 1-800-926-7926

This CLE webinar will discuss some of the more common techniques for Medicaid planning, including asset protection and pooled income trusts, private annuities and promissory notes, spousal transfers, and caregiver agreements.

Description

Estate planning should be integrated with long-term care planning, otherwise, your client may end up with a great estate plan but little or no estate assets. Elder law practitioners should consider trusts to protect assets or income and qualify clients for Medicaid benefits. Counsel must be aware of the types of trusts available, and the particular provisions that are necessary and the optional provisions that may be useful.

Federal law prescribes the essential elements of private annuities and promissory notes that are compliant for Medicaid planning. Private annuities and promissory notes can create significant savings for clients who are faced with costly nursing home care. Elder law practitioners must know when and how to implement these strategies.

In many cases, a caregiver agreement can reduce countable assets and facilitate Medicaid eligibility by paying in advance for services that can be provided by a family member. The caregiver agreement must be compliant with Medicaid rules to be valid.

Listen as our authoritative panel of elder law attorneys guides you through crucial Medicaid planning techniques. The panel will discuss asset protection and pooled income trusts, private annuities and promissory notes, spousal transfers and refusals, and caregiver agreements.

READ MORE

Outline

  1. Asset protection and pooled income trusts
  2. Private annuities and promissory notes
  3. Spousal transfers and spousal refusals
  4. Caregiver agreements

Benefits

The panel will review these and other key issues:

  • How should counsel draft a trust that is compliant for Medicaid purposes?
  • What types of annuities are considered a resource that must be used to pay for nursing home care?
  • What requirements are generally imposed to make a private annuity Medicaid compliant?
  • How should caregiver agreements be structured in order to be an acceptable means of facilitating Medicaid eligibility?

Faculty

Kelim, Kyla
Kyla G. Kelim

Atty
Aging in Alabama

Ms. Kelim focuses her practice on proactive planning involving those in need concerning Medicaid, Medicare and Social...  |  Read More

Williamson, Jeffrey
Jeffrey L. Williamson

Atty
J. L. Williamson Law Group

Mr. Williamson’s practice specializes in taxation and estate planning. He has particular expertise in estate and...  |  Read More

Live Webinar

Buy Live Webinar

Live Webinar

$197

Buy Live Webinar & Recording
A savings of $120

Live Webinar & Download

$274

Live Webinar & DVD

$274 + $19.45 S&H

Other Formats
— Anytime, Anywhere

Strafford will process CLE credit for one person on each recording. All formats include program handouts. To find out which recorded format will provide the best CLE option, select your state:

CLE On-Demand Video

48 hours after event

$197

Download

48 hours after event

$197

DVD

10 business days after event

$197 + $19.45 S&H