1. Estate Plans That Work
Tuesday September 9, 2008, Thursday, October 16, 2008 or Thursday, November 13, 2008 (Courtyard by Marriott, 24 Crystal Run Crossing, Middletown, New York). The workshop begins at 6:30 p.m. and ends at 9:30 p.m.
Our introductory client orientation workshop will teach you:
- why most estate plans don't work
- how to plan for your care in the event of your mental disability
- why owning property in joint tenancy may wreck your estate plan
- how to protect your loved one's inheritance from their creditors
- how to protect your children's inheritance in the event your spouse remarries
- the difference between counseling and word processing
- how to minimize or even eliminate estate taxes
- how to properly fund and maintain an estate plan
- the truth about estate tax "repeal"
2. Elder Law and Medicaid Planning
Dates TBD
The costs of long-term care can be staggering -- nursing homes in our region BEGIN at $8,500 PER MONTH. On February 8, 2006, President Bush signed the Deficit Reduction Act, which has significantly tightened eligibility for Medicaid to pay for long-term care expenses. There remains, however, a number of legal strategies which, when properly implemented, can help you preserve your assets for yourself and your loved-ones.
At this important workshop you will learn:
- the financial eligibility requirements Medicaid nursing home and home care programs.
- how long-term care insurance can be a cost-effective way to provide maximum flexibility to cover long-term care costs
- how to establish an irrevocable trust to protect your assets while allowing you to maintain significant control
- the rules affecting married couples and how to maximize the lifestyle of the "well" spouse.
3. Trustee Training Workshop
Saturday, September 13, 2008, (Courtyard by Marriott, 24 Crystal Run Crossing, Middletown, New York). The workshop begins at 9:30 a.m. and ends at 12:30 p.m.
When a loved-one suffers from a mental disability, or upon their death, will the "helpers" designated in the estate planning documents know what they need to do? This workshop provides a "nuts and bolts" review of what is expected of the appointed fiduciaries (e.g., successor Trustees, Executors, Agents under a Power of Attorney, Health Care Proxy) when they are called upon to act. At this workshop we will discuss:
- the fundamental structure of an estate plan
- the various roles that helpers customarily fill during the principal's disability, or upon their death
- the importance of following the instructions contained in the estate plan
- the tax implications of estate planning
- the difference between word processing and counseling
- using Affidavits of Trust to establish the successor Trustee's authority to financial institutions and other third parties
- the three steps associated with every estate plan
- the importance of health care documents
and much more!
