Presented by the Young Lawyers Section
About the Program
The range of options available to a client planning for long-term care depends not only on their health, assets and family dynamics, but also timing. Pre-planning opens up a world of asset protection options, but even a proactive client may choose poor options. Planning for the worst case scenario should take into consideration spousal health and financial needs for years to come, the planning (or lack thereof) of other members of the family, and the tax implications of all decisions, particularly those involving real estate. Practical considerations can impact the ability to plan, such as family dynamics, inability or unwillingness to gather application materials, or lack of good communication among the family and with the attorney, all of which may lead to a family's dissatisfaction with representation.
You Will Learn
- The consequences of asset transfers related to state or federal benefit programs and tax implications
- Asset protection options where a client has failed to pre-plan
- Practical considerations related to a Medicaid application
Who Should Attend
Elder law practitioners will benefit from this program.
Cost
(Includes electronic materials*, dinner, and parking in the public garage at 35 Bank St)
Member $75
Non-member $150
Student Member $15
Speaker
Stephen O. Allaire, Allaire Elder Law LLC, Bristol
Moderator
Halley C. Allaire, Allaire Elder Law LLC, Bristol