The cost of long-term care can consume a person's assets if a carefully drafted estate plan is not in place. Order today to learn the skills you need to create an estate plan that meets your clients' needs.

1. What to do When a Spouse is Confronting Health Issues - The Estate Plan
2. How to Protect an Elderly Client's Assets
3. New Kentucky Long-Term Care Partnership Insurance Program
4. New Ethics Rules Explained as They Relate to Dealing With the Elderly
5. Qualifying for Medicaid Long-Term Care Programs
6. Preserving Family Assets When Qualifying for Medicaid

1. WHAT TO DO WHEN A SPOUSE IS CONFRONTING HEALTH ISSUES – THE ESTATE PLAN
   9:00 - 10:00, Lee D. Richardson
   1. Client Interview
   2. How to Draft the Plan
   3. Asset Titling – Deed, Bank Accounts, and Life Insurance
   4. Changing the Will to Exclude the Disabled Spouse
   5. Durable Power of Attorney – Gift Giving Power
   6. Advanced Directives
   7. Sample Forms and Letters
2. HOW TO PROTECT AN ELDERLY CLIENT'S ASSETS
   10:15 - 11:15, Lee D. Richardson
   1. Drafting the Irrevocable Trust
   2. Impact of Medicaid Issues in Drafting Trusts
   3. Life Estate Deed With/Without Powers of Sale
   4. Using Annuities, Life Insurance and Retirement Accounts in the Estate Plan
   5. Revocable vs. Irrevocable Life Estates – Current Gifting Guidelines
   6. Income Tax Traps With Gifts
   7. Avoiding the Pitfalls of Guardianships
3. NEW KENTUCKY LONG-TERM CARE PARTNERSHIP INSURANCE PROGRAM
   11:15 - 12:00, Bernard M. Faller
   1. What is the Partnership Insurance Program?
   2. Legal Basis for the Program
   3. How Does it Work?
   4. Why Does it Work?
   5. Policy Design to Best Integrate With Medicaid
4. NEW ETHICS RULES EXPLAINED AS THEY RELATE TO DEALING WITH THE ELDERLY
   1:00 - 2:00, Bernard M. Faller
   1. Overview of the New Ethics Rules
   2. Who is the Client?
   3. Competency
   4. Conflicts of Interest
   5. Dealing With Family Units
   6. Common Problem Areas
5. QUALIFYING FOR MEDICAID LONG-TERM CARE PROGRAMS
   2:00 - 3:00, Bernard M. Faller
   1. Where Medicare Stops and Medicaid Begins
   2. Medical Eligibility in Detail
      1. Income
      2. Assets
      3. Transfers
   3. Medicaid Facts and Misconceptions
   4. Key Medicaid Websites
6. PRESERVING FAMILY ASSETS WHEN QUALIFYING FOR MEDICAID
   3:15 - 4:30, Bernard M. Faller
   1. New Medicaid Rules
   2. Interacting With Medicaid Offices
   3. Gifting
      1. Permitted
      2. Prohibited
   4. Annuities
      1. Permitted
      2. Prohibited
   5. Estate Recovery

BERNARD M. FALLER is an attorney with Kentucky Elderlaw, Pllc. He is licensed in Kentucky and Indiana, is an elder law attorney in Louisville, Kentucky, serving the needs of older citizens directly, or through consultation with family members. His practice encompasses Medicaid planning and asset preservation within the ever-shifting rules; Medicaid qualification interviews; wills; durable powers of attorney and other document preparation focused on the special needs of older citizens (as opposed to a tax focus); and nursing home issues. Mr. Faller holds a Bachelor of Electrical Engineering degree from Rensselaer Polytechnic Institute, a Master of Science degree in Electrical Engineering from New York University and earned his J.D. degree from the University of Louisville School of Law. Mr. Faller then opened his elder law practice. Mr. Faller worked as an engineer for Bell Laboratories; developed an insurance career qualifying as a lifetime member of the Million Dollar Round Table; founded the New York financial planning firm, Empire State Planners; and The Diabetic Food Emporium. Prior to entering law school, he worked for the accounting firm of Carpenter, Mountjoy & Bressler. Mr. Faller is the chair of the Elder Law Committee of the KBA and co-wrote Vol. 24 of the Kentucky Practice Series, Elder Law in Kentucky, published by Thompson Reuters and released in March 2010.

LEE D. RICHARDSON is the sole practitioner of Louisville Elder Law Advisor in Louisville, Kentucky, where he has concentrated his practice in the area of elder law. He has 30 years of experience in estate planning and probate law. He is a frequent lecturer at CLE events on estate planning, probate, and elder law, including the Kentucky Bar Association's Annual Meeting. Mr. Richardson earned his B.A. degree from Tulane University and his J.D. degree from Indiana University School of Law in Bloomington, Indiana. He is a member of the National Academy of Elder Law Attorneys, and the Louisville (member, Estate Planning Section), Kentucky (member, Kentucky Elder Law Committee), and American bar associations (member, Real Property, Probate and Trust Section).

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