Products tagged with 'special needs trust'

The 18th Annual Elder Law Short Course is designed for the Illinois elder law attorney who is dedicated to client service and eager to stay on the cutting-edge of legal issues affecting elderly clients and their families.

This year’s program offers plenary sessions on tax planning for the elderly, updates on the Illinois Trust Code and Remote Signature Act, and the annual judges’ panel. In addition, you’ll get the latest on advising your clients about Medicaid (planning and application), preparing for a guardianship trial, divorce in guardianship, and much more!

Registration includes post-event access to the online on-demand recording.

Attorneys who prepare special needs trusts may be called in by personal injury attorneys to provide advice regarding the type of trust to use, allocation of a settlement, options for provision of support, the need for or eligibility for public benefits, management of liens and claims, investment models, and taxation. This presentation will provide an outline of the techniques crucial to providing this type of advice to these attorneys and the individuals and families that they represent, including an overview of Qualified Settlement Funds (QSF’s) and Medicare Set-Asides (MSA’s).

Originally presented as part of the 5th Annual Special Needs Institute

Learn about Social Security Administration’s trust policy updates and review process for determining SSI eligibility.

Special needs planning is not just a third party and/or a first party special needs trust. It is not just estate planning. In this session, you will learn the basics of drafting a special needs trust, including suggestions for helpful additional provisions to include. You’ll also learn how to effectively prepare for and conduct the initial consultation, including topics you should cover in addition to estate planning, such as the who, what, why, where and how of accessing the Illinois “maze” of services for individuals with special needs.

For older adults and persons with disabilities, the reliance on governmental benefits may be the difference between remaining in the community with some level of autonomy vs. homelessness or institutionalization. This session will address the various public benefit programs that may be available to persons with disabilities and seniors residing in the community including AABD, SNAP, subsidized housing and other needs-based programs. In addition, we will consider the impact of special needs trusts on the eligibility for the various programs.

An overview of first-party and third-party special needs trusts, drafting tips and techniques and how to decant to a special needs trust.

Understand when, why and how the State of Illinois reviews trusts, including both 3rd party and 1st party (OBRA/d4A) trusts, when determining Medicaid eligibility.