Live Seminar

Elder Law and Medicaid Planning: Everything You Need to Know



Wednesday, March 21, 2018


9:00 AM - 4:30 PM

Product ID#:



Old Capitol Inn 226 N. State St.

226 N. State St.

Jackson, MS 39201


$339 / Each Additional

Registration Includes Course Book

Credit Information

Continuing Legal Education

  • MS CLE - 6.00

CPE for Accountants

  • CPE for Accountants/NASBA - 7.00

Program Description

Everything You Need to Know to Represent Elderly Clients

Rising medical costs, health insurance changes, looming Social Security Fund depletion and baby boomers' retirement have intensified concerns over long-term care funding. Are you doing everything you can to help each client develop a comprehensive plan to ensure proper quality of life in the golden years? Join our expert faculty for two days of intensive study on planning and coordinating government benefits, and emerge better prepared to face the challenges of today's Medicaid and elder law practice. Register today!

  • Review medical and financial Medicaid eligibility criteria in detail.
  • Explore new continuing care options that allow for more independence.
  • Find new LTC funding sources to help clients maintain the quality of life they're used to.
  • Get solutions to real-life ethical dilemmas often faced in elder law practice.
  • Plan for the tax consequences of asset transfers on spenddown requirement compliance.
  • Make better use of special needs trusts.

Who Should Attend

This basic-to-intermediate level seminar is designed for:

  • Attorneys
  • Trust Officers
  • Paralegals
  • Accountants
  • Tax Professionals
  • Nursing Home Administrators

Course Content

  1. Long-Term Care Planning: Types, Cost, and Funding Options
  2. Tax Considerations
  3. Preserving Family Assets When Qualifying for Medicaid
  4. Medicaid Application Procedure and Tactics
  5. Special Needs Trusts: Creation, Taxation, Administration
  6. Ethical Dilemmas

Continuing Education Credit

Continuing Legal Education – CLE: 6.00 *

National Association of State Boards of Accountancy – CPE for Accountants/NASBA: 7.00 *

* denotes specialty credits

Agenda / Content Covered

    9:00 - 10:00, Barry K. Jones
    1. Age, Family Dynamics, and Overall Estate Plan
    2. Levels of Care and Projected Medical Needs
    3. Medicare Advantage Plans and LTC Insurance Policies
    4. LTC-Funding Trusts
    5. Reverse Mortgages and Intrafamily Loans
    6. Planning for Blended Families
    10:15 - 11:15, Barry K. Jones
    1. Disabled Beneficiary Income Tax Issues
    2. Income Taxation of Trusts for Disabled Beneficiaries
    3. Which Returns to File
    12:15 - 1:15, Philip A. Buchanan
    1. The Look-Back Requirements and Overlap
    2. Asset Divestment/Diversification Planning
    3. Fair Market Value under DRA
    4. "Spenddown" Options
    5. Higher-Income Applicants
    6. Protecting Relative Caregivers and Dependents
    7. Planning for the Family Home
    8. Interstate Asset Transfers
    9. Penalty Period for Improper Asset Transfers
    1:15 - 2:15, Philip A. Buchanan
    1. The Application, RFA, and Level of Care Assessment Form
    2. Deadlines, Processing Times, and Overview
    3. The Hearing
    4. When Eligibility Begins
    5. Retroactive Benefits
    2:30 - 3:30, J. Walker Sims
    3:30 - 4:30, J. Walker Sims
    1. The Client and His/Her Best Interests
    2. Conflicts of Interest between Spouses
    3. Confidentiality
    4. Withdrawing Representation
    5. Attorney Fees and Retainer

PHILIP A. BUCHANAN graduated from the University of Mississippi where he earned his Bachelor of Business Administration degree. He received his Juris Doctorate degree from Mississippi College, where he also earned his Master of Business Administration degree. It was during this time at Mississippi College that he discovered his passion for elder law and estate planning. Mr. Buchanan recently completed his Master of Laws in elder law from Stetson University College of Law and is the first and only attorney in Mississippi with this specialized law degree. His primary areas of practice include asset protection, estate planning, elder law and special needs planning. Mr. Buchanan conducts seminars for private organizations, as well as attorneys on various estate planning and elder law topics and has been recognized by Mid-South Super Lawyers in the area of elder law and estate planning.

BARRY K. JONES is a shareholder in the Jackson, Mississippi office of Pettis, Barfield & Hester, P.A., where he practices in the areas of state and federal taxation, business law, estate planning, estate administration, and elder law. Mr. Jones is also a certified public accountant and accredited estate planner. He is a frequent speaker to professional, civic, and academic groups on taxation, business law, estate planning, estate administration, and elder law topics. Mr. Jones is a member of the American Bar Association (Taxation, and Real Property, Probate and Trust Law sections), Tennessee Bar Association (Taxation, and Probate and Trust Law sections), The Mississippi Bar (Taxation, and Estate and Trust sections) and the State Bar of Georgia (Taxation, Fiduciary Law, and Elder Law sections). He is also a member of the Estate Planning Council of Mississippi, Financial Planning Association, National Academy of Elder Law Attorneys, American Institute of Certified Public Accountants (Personal Financial Planning Section) and the Mississippi Society of Certified Public Accountants. Mr. Jones serves on the adjunct faculty of Mississippi College School of Law, where he teaches wills and estate administration. He earned his B.S. degree from the University of Southern Mississippi, and J.D. and LL.M. degrees from Emory University School of Law.

J. WALKER SIMS is an attorney with Sims Law Firm. He has been practicing law in the North Mississippi area for more than 25 years. Mr. Sims handles general civil litigation in state and federal court. He also practices in the areas of elder law, wills, and estates. Mr. Sims is admitted to practice in Mississippi and before the U.S. District Court, Northern District of Mississippi and the U.S. Court of Appeals, 5th Circuit. He is also admitted to practice in Tennessee and before the U.S. District Court Western District of Tennessee. Mr. Sims earned his A.B. degree from Princeton University and his J.D. degree from the University of Mississippi School of Law.

Please refer to Continuing Education Credit FAQ for general information about seeking credit for your participation in one of our continuing education programs.

Additionally, our team of credit specialists are here to answer your specific credit-related questions weekdays 7am - 5pm Central:

Phone: 866-240-1890


Accreditation Details:

Continuing Legal Education

MS CLE: 6.00 Includes - Ethics: 1.00
This course has been approved by the Mississippi Commission on Continuing Legal Education for a maximum of 6.0 hours of credit, which includes 1.0 hour of ethics.

National Association of State Boards of Accountancy

N NAS: 7.00 Includes - Regulatory Ethics: 1.00, Specialized Knowledge: 4.00, Taxes: 2.00
NBI, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: This program is designed to qualify for 7.0 hours (based on 50 minute credit hour) of continuing professional education credit for accountants. For more information regarding administrative policies such as complaint and refund, please contact our offices at (800) 930-6182.

This is a basic to intermediate level program presented in a group live setting. Accountants should have a basic understanding of elder law and Medicaid planning. This course will: 1. List two sources of long-term care funding. 2. Recall Medicaid eligibility criteria. 3. Explain the main function of a special needs trust. 4. List two “spenddown” options. 5. Explain how government benefits interact. 6. Distinguish between ethical and unethical behaviors. Field(s) of Study -- Specialized Knowledge; Regulatory Ethics; Taxes.

Can't Attend?
Purchase the Recording.


How To Order

Web: Order Now
Call: 800.930.6182
Fax: 715.835.1405
Mail: NBI
P.O. Box 3067
Eau Claire, WI 54702