Nuts & Bolts of Elder Law & Estate Administration
Elder law continues to offer the legal profession a booming opportunity for growth. As your current clients continue to grow older, you need to position yourself to be able to offer them and their families the legal services required by the elderly in today’s society. Or, you may be looking for lucrative areas in which to expand your current practice, including administering their estates.
This practical program is designed to provide the nuts and bolts of elder law practice & estate administration practice to general practitioners and young lawyers, as well as to more experienced lawyers seeking to expand into this field. A highly authoritative and experienced panel of elder law attorneys & estate planners will share proven techniques and experience it would take you years to gather on your own. You’ll also gain insight on how Federal Medicaid Reform will impact your practice. Register today!
Everything you need to know about elder law & estate administration including:
Why Have a Will?
- Gathering information; standard provisions; designation of fiduciaries; protective clauses; sample forms; Ethics - who is the client?
Powers of Attorney
- Types of POAs; what should be included; why clients need them; POAs and Living Wills; sample forms
Living Trusts (Revocable/Irrevocable) as an Estate Planning Tool
- Why it should be used; disadvantages; revocable vs. irrevocable; Insurance Trusts; sample forms
Basic Tax Considerations
- Jointly-held property; “I love you” Will; no Will at all; insurance owned by client; unlimited marital deduction; estate planning in the testamentary document; sample forms/letters
Estate Administration - New Probate Law in New Jersey
- Probate process; duties of executor/fiduciary; gathering of assets; tax returns; tax waivers; access to property; sample forms/checklists
Medicaid Planning in Light of Federal Medicaid Reform
- Countable assets of Medicaid applicant; income cap/Medical needy standard; look-back period; transfers of property; personal residence; Medicaid estate recovery rules
Thomas D. Begley, Jr.
Marint A. Spigner
Kenneth A. Vercammen
Wendy Wolff Herbert