Elder Law - It is Not All Black and White: Unraveling the Medicaid Myths and Simplifying Complicated Medicaid Laws

There are a wide variety of legal issues involved when caring for a loved one. These issues are overly complex. They range from medical decision and financial issues and managing one’s incapacity. This workshop will explore everything from proactive planning to crisis planning. We will discuss probate court issues, such as guardianships, conservatorships, durable powers of attorney and advance directives. Additionally, you will learn how to use proactive estate planning to protect assets from Medicaid. However, this workshop is not a wills and trusts presentation. This workshop is necessary for everyone who work with financial issues in dealing with the cost of care such as accountants, financial planners as well as all caregivers and anyone confronted with a health challenge.

This program will cover the basics of what Medicaid and Medicare are and how they work. It will also unravel the Medicaid myths associated with nursing homes and Medicaid; including the ability to gift money, the look-back period, lady bird deeds, half-a-loaf, the Sole Benefit Trust, and the new name of the check strategy. You will learn how to protect most if not all of a married couples’ assets and a majority of assets of a single person.

The goal for everyone is to ensure that we all receive the greatest quality of care at the least cost to the family in the least restrictive setting. With the knowledge you gain from this program you will accomplish this goal.

Basic Course Information

• Recognize how caring for a loved one should not cost the savings of a lifetime. Discover strategies that permit married couples to protect most or all their assets and single persons a majority of their assets. Underline that it is critical to plan proactively correctly with durable power of attorneys for medical and financial decisions. 

• The importance of establishing Elder Law durable power of attorney for financial decisions.
• The difference between durable power of attorneys that are springing and effective immediately.
• The ins and out of the complicated world of long-term care Medicaid.