This seminar is designed for attorneys, accountants, financial planners, insurance professionals and trust officers.
Register for this seminar now and learn about advanced issues surrounding Medicaid. The program will guide you through complicated interactions between Medicaid, estate planning techniques and supplemental security income benefits. This one-day seminar is ideal for attorneys, accountants, financial planners, insurance professionals and trust officers who need more experienced information about Medicaid and related issues.
Topics to be discussed include:
• Medicaid Eligibility And Benefits
• Various Aspects Of Medicaid Planning
• Medicaid And S.S.I. Regulations
• Estate Planning vs. Medicaid Planning
8:30 a.m. - 10:00 a.m.
I. Basic Medicaid Qualifications For Long Term Care
A. Medicaid Need
B. Treatment Of Income
C. Exempt And Allowable Resources
D. Transfer Penalty Provisions
II. The Application Process
A. Client Initiation
B. ACS-Long Term Application Center
C. Phone Interview – Authorized Representative
C. Forwarded To Medicaid Office
10:00 a.m. - 10:10 a.m.
10:10 a.m. - 12:00 p.m.
III. Understanding The “Spend Down” Concept
A. Projected Costs Of Care
B. Non-Countable Assets
C. Countable Assets
D. Estate Recovery
12:00 p.m. - 1:00 p.m.
Lunch (On Your Own)
1:00 p.m. - 2:20 p.m.
IV. Transfer Of Assets
A. Exempt Individuals
B. Impoverishment Strategy
C. Half-A-Loaf Strategy
D. Tax Transfers
2:20 p.m. - 2:30 p.m.
2:30 p.m. - 4:05 p.m.
V. Key Success: Use Of Annuities In Medicaid Planning
A. Types Of Annuities Used
B. Transform Countable Asset To Non-Countable Asset
C. Examples Of Approval Using Annuities
D. Emergency Rule Issued Involving The Use Of Annuities
4:05 p.m. - 4:30 p.m.
VI. Questions And Answers