Numerous issues have arisen due to the recent changes in Massachusetts estate tax rules. These recent changes, coupled with the constantly changing federal estate tax rules can be overwhelming. This seminar is designed to provide updated information to attendees on the MassHealth rules, estate recovery rules, long-term care insurance, Massachusetts estate tax rules, estate planning considerations, and information and guidance on filing Massachusetts estate tax returns. This is one seminar you don't want to miss!
- Long-term care insurance
- MassHealth rules update
- MassHealth estate recovery
- New estate tax rules
- Federal and Massachusetts estate taxes
8:30 a.m. - 10:00 a.m.
I. Long-Term Care Insurance
C. New State Regulations
10:00 a.m. - 10:10 a.m.
10:10 a.m. - 11:10 a.m.
II. MassHealth Rules Update
A. 2004 And 2005 Changes To Nursing Home MassHealth Rules
B. Proposed Changes To Nursing Home MassHealth Rules: The DMA Waiver Request
1. Proposed Change In Transfer Rules
2. Proposed Treatment Of Annuities
C. Changes In DMA Procedures And Application Of Bank Rate Monitor Index In Calculating Increased CSRA
D. Changes To The Community MassHealth Rules
E. 2004: Repeal Of Expanded Estate Recovery Rules
11:10 a.m. - 12:00 p.m.
III. MassHealth Estate Recovery
B. Unanswered Questions
C. How The Rules Apply To Exiting Life Estates, Direct Transfers And Trusts
D. Current Planning Options
12:00 p.m. - 1:00 p.m.
Lunch (On Your Own)
1:00 p.m. - 2:30 p.m.
IV. New Estate Tax Rules
A. Review Of EGTRRA 2001
B. Review Of The 'Massachusetts Act'
C. Review Of M.A. DOR Directive 03-02
D. Impact On Existing Documents
E. Planning Considerations In Massachusetts
F. Gift Tax Considerations
G. Massachusetts Estate Tax Lien Release
2:30 p.m. - 2:40 p.m.
2:40 p.m. - 4:00 p.m.
V. Federal And Massachusetts Estate Taxes
A. Planning With Decoupling Of The Estate Tax And Under EGGTRA
B. Economic Growth And Tax Relief Act Of 2001
1. Considerations For The Terminally Ill
2. Considerations For The Disabled
3. Considerations For The Elderly Clients
C. Planning Strategies
4:00 p.m. - 4:30 p.m.
VI. Questions And Answers