Tax Planning for the Elderly: You Really Don’t Want to Miss This

• Private Reverse Mortgages • Annuities • Long-term Care Insurance

This session features Medicaid planning strategies, such as Medicaid-compliant annuities, gifting as well as non-penalized transfers of real estate, and other resources to achieve Medicaid qualification while preserving assets. The speaker will outline the steps necessary to execute these Medicaid strategies and the pitfalls to avoid potential problems.

Elder law attorneys are likely to encounter candidates for disability benefits in two scenarios: (1) individuals with disabilities who are unable to work but not quite old enough for full retirement benefits or for aged SSI, and/or (2) clients concerned about future planning for their child or children with disabilities. This session will cover eligibility for each of the four types of disability benefits (DIB, CDB, DWB, SSI), applications, the disability determination process, the appeals process, maintaining benefits after entitlement, representation issues, and challenging situations where the potential applicant is unable to assist with the application process.