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Live Seminar

Medicaid Planning

Seminar

Date:

Monday, March 12, 2018

Time:

9:00 AM - 4:30 PM

Product ID#:

78254ER

Location:

Holiday Inn Louisville East-Hurstbourne

1325 South Hurstbourne Parkway

Louisville, KY 40222

$349.00

$339 / Each Additional

Registration Includes Course Book

Credit Information

Continuing Legal Education

  • KY CLE - 6.00

CPE for Accountants

  • CPE for Accountants/NASBA - 7.00

Other

  • Financial Planners - 7.00
  • NAB/NCERS - 6.00

Program Description

Stay on the Cutting Edge of Medicaid Practice

Skyrocketing health and long-term care costs are putting added pressure on your aging clients to find a way to afford assisted care. This focused course is dedicated to helping you offer the most current and effective Medicaid planning. Get detailed instruction on fulfilling all four eligibility criteria, with special focus on excluded assets, qualifying transfer techniques, and estate recovery rules. Register today!

  • Hear the latest changes to in-home care services coverage under the ACA and PACE.
  • Clear up out-of-state coverage issues before applying for Medicaid.
  • Find new ways to transfer assets without risking eligibility.
  • Determine what assets count as "without saleable value" for purposes of qualified transfers.
  • Walk through the Medicaid application, hearing and appeal steps; and get tips on speeding up the process.
  • Prevent malpractice with legal ethics guidance tailored to Medicaid practice challenges.
  • Make better use of waivers and estate recovery exemptions.

Who Should Attend

This basic-to-intermediate level seminar will give you all the information you'll need to qualify clients for Medicaid and is designed for:

  • Attorneys
  • Paralegals
  • Nursing Home Administrators
  • Accountants and CPAs
  • Financial Planners
  • Investment Advisers
  • Geriatric Care Managers

Course Content

  1. Is Medicaid Right for Your Client?
  2. Excluded vs. Countable Assets
  3. Income Eligibility
  4. Qualifying Asset Transfers: Which Techniques Work
  5. Application Process, Appeals and Post-Eligibility Issues
  6. Legal Ethics
  7. Liens, Estate Recovery and Hardship Waivers

Continuing Education Credit

Continuing Legal Education – CLE: 6.00 *

Financial Planners – Financial Planners: 7.00

National Association of Board of Nursing Home Administrators – NAB/NCERS: 6.00

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


* denotes specialty credits

Agenda / Content Covered

  1. IS MEDICAID RIGHT FOR YOUR CLIENT?
    9:00 - 10:00, John Dotson
    1. Is Medicaid the Right Solution for the Client?
    2. Citizenship and Residency
    3. Application for Other Benefits
    4. Client and Agency Responsibilities (Reporting Changes of Income)
    5. Out-of-State Coverage
    6. New and Amended Eligibility Categories Under the ACA
    7. Medicaid Coverage vs. Private Alternatives
    8. ACA and PACE Eligibility: Recent Changes to In-Home Care Services Coverage
    9. Four Basic Eligibility Criteria in a Nutshell
    10. Partial Eligibility and Share of Cost
  2. EXCLUDED VS. COUNTABLE ASSETS
    10:15 - 11:15, Kelly M. Gannott
    1. Community Spouse Resource Allowance and CSRA Appeal
    2. Assets Without Saleable Value
    3. Annuities
    4. Insurance and Other Assets Being Converted
    5. When are Bank Accounts Excluded?
    6. Creating Burial Contracts/Funeral Trusts
    7. Disaster Relief Act and Other Excluded Government Payment Programs (Reparation Payments, Alaskan Native Claims, Nazi Persecution Payments, etc.)
    8. Earned Income Tax Credit
    9. Garden/Wood Plots and Other Property Used for Home Consumption
    10. Limits on Household Goods
    11. Income-Producing Property
    12. Insurance Settlements
    13. Life Estates/Life Leases and Their Impact on Estate Planning
    14. Loans
    15. When Life Insurance Becomes Countable
    16. Vehicles
    17. Stocks, Bonds, and Mutual Fund Shares
    18. Trusts
    19. Valuation of Assets for Eligibility Purposes
  3. INCOME ELIGIBILITY
    11:15 - 11:50, John Dotson
    1. How MAGI (Modified Adjusted Gross Income) is Calculated
    2. Common Risks to Income Eligibility
    3. Monthly Maintenance Need Allowance for the Community Spouse
  4. QUALIFYING ASSET TRANSFERS: WHICH TECHNIQUES WORK
    12:50 - 1:50, Misty C. Vantrease
    1. Timing of the Transfers
      1. DRA and Look-Back Period
      2. Transfer Penalty
      3. Penalty Beginning Date
      4. Partial Months of Ineligibility
    2. What Counts as a Gift for Purposes of Medicaid Planning?
    3. Repayment of Debts and Prepayment of Expenses: Creative Uses
    4. Recording Purchase of Exempt Assets
    5. Treatment of IRAs and Retirement Accounts
    6. Purchase of a Life Estate
    7. Planning with Promissory Notes and Annuities
    8. The Reverse Half-Loaf Income Technique
    9. How to Protect the Community Spouse
    10. Reverse Mortgage: Legitimate Solution or Scam Artist's Dream?
    11. Other Exempt Transfers
  5. APPLICATION PROCESS, APPEALS AND POST-ELIGIBILITY ISSUES
    1:50 - 2:30, Kelly M. Gannott
    1. Application Procedure Step-by-Step
    2. Supporting Documentation to Include with the Submission
    3. Medicaid Fair Hearings Case Presentation Tips
    4. Crisis Planning to Shorten Penalty Period and Restore Eligibility
    5. Appeal Procedure
    6. Solving Overpayment Problems
  6. LEGAL ETHICS
    2:45 - 3:45, Misty C. Vantrease
    1. Conflicts of Interest when Representing Both Spouses
    2. Protecting Confidentiality
    3. Attorney Fees
    4. Mental Capacity in Elder Law
    5. Practical Scenarios - What Would You Do?
  7. LIENS, ESTATE RECOVERY AND HARDSHIP WAIVERS
    3:45 - 4:30, Paul C. O'Bryan
    1. Estate Recovery Rules
    2. Hardship Waivers
    3. Estate Recovery Exemption with Qualified Long-Term Care Insurance Policy
    4. Claim Reduction

JOHN DOTSON is an attorney with Kentucky ElderLaw, PLLC. He assists older clients, their children and other family members with Veteran’s benefits, nursing home admittance and stays, Medicaid planning and submission, asset preservation, asset distribution, mental capacity issues, probate, guardianship and other matters, both financial and non-financial. In addition, he drafts legal documents such as last wills, durable powers of attorney, living wills, health care surrogates, trusts and care agreements for clients and family members. Several years ago, Mr. Dotson served as the court-appointed guardian for his aunt, who was in a Glasgow nursing home. This experience had a significant impact on the way he viewed many things related to caring for older people. Having in mind the needs of and the questions posed by older members of his own family, Mr. Dotson joined Kentucky Elder Law to serve and respond to the needs of older clients and their families. He brings legal experience, compassion, first-hand knowledge and a passion for helping older folks and their families. Mr. Dotson currently serves on the boards of directors of The Kentucky and Southern Indiana Stroke Association and of Prodigal Ministries, Inc. He is also currently serving as the chair of the deacon body at Broadway Baptist Church and as the chair-elect of the KBA Elder Law Section. In March, 2016, he was nominated and selected as one of 20 People to Know in Aging Care by Business First. Mr. Dotson earned his B.B.A. degree in finance from the University of Kentucky. He earned his J.D. degree from the University of Kentucky College of Law.

KELLY M. GANNOTT is a partner at Kentucky ElderLaw, PLLC, in Louisville, Kentucky. Ms. Gannott assists older clients, their children and other family members with nursing home, Medicaid, asset preservation, asset distribution, mental capacity, probate, guardianship and other issues, both financial and non-financial. In addition, she drafts legal documents such as wills, powers of attorney, living wills, health care surrogates, care agreements and qualified income trusts (QITs) for clients and family members. Ms. Gannott also speaks on elder law issues in a variety of forums. She is chair of the Bylaws Committee for the Kentucky Bar Association's Elder Law Section and has served as chair of the Section's Legislative Committee and as an officer of the Section. Ms. Gannott earned her J.D. degree, cum laude, from Louis D. Brandeis School of Law at the University of Louisville; and her undergraduate degree, summa cum laude, from Murray State University.

PAUL C. O'BRYAN is a partner in the Louisville law firm of O’Bryan and O’Bryan. He focuses his practice in the areas of elder law, estate planning, family law, probate law, probate litigation, and wills and trusts. He is a certified mediator by Capital University Law School. Mr. O’Bryan has spoken on estate planning, guardianships, power of attorney, wills and trusts to business professionals. He earned his B.S. degree from the University of Louisville and his J.D. degree from Salmon P. Chase College of Law. Mr. O’Bryan is a member of the Probate Section and Family Law Section of the Louisville Bar Association and the Kentucky Justice Association.

MISTY C. VANTREASE is an attorney with Kentucky ElderLaw, PLLC. She assists older clients, their children and other family members, with nursing home, Medicaid, asset preservation, asset distribution, mental capacity, probate, guardianship and other issues, both financial and non-financial. In addition, she drafts legal documents such as wills, powers of attorney, living wills, health care surrogates, and care agreements for clients and family members. She also speaks and teaches in a variety of forums. Ms. Vantrease is a member of the Kentucky Bar Association. She earned her B.A. degree, summa cum laude, from Murray State University. She earned her J.D. degree from the University of Louisville Louis Brandeis 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

Email: credit@nbi-sems.com

Accreditation Details:

Continuing Legal Education

KY CLE: 6.00 Includes - Ethics: 1.00
This activity has been approved by the Kentucky Bar Association Continuing Legal Education Commission for a maximum of 6.0 credits, of which 1.0 hour relates to ethical considerations.


Financial Planners

N CF: 7.00
This program has been accepted by the Certified Financial Planner Board of Standards Inc. and qualifies for 7.0 hours of CE credit for CFP® Certificants. The Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and CFP® (with plaque design) and CFP® (with flame design) in the US, which it awards to individuals who successfully complete initial and ongoing certification requirements.

Upon completion of this course, attendee will be able to: 1. Determine when a client is categorically eligible for Medicaid. 2. List at least four types of excluded assets for purposes of Medicaid eligibility. 3. Explain how MAGI is calculated. 4. Explain why the timing of Medicaid-qualifying transfer is so important. 5. List major steps involved in applying for Medicaid. 6. Distinguish between ethical and unethical practices. 7. Recall Medicaid estate recovery rules.

National Association of Board of Nursing Home Administrators

N NAB: 6.00
NBI, Inc. is a Certified Sponsor of professional continuing education with the National Association of Long Term Care Administrator Boards (NAB) and has approved this program for the number of clock hours listed under their sponsor agreement with NAB/NCERS. State licensure boards, however, have final authority on the acceptance of individual courses.


National Association of State Boards of Accountancy

N NAS: 7.00 Includes - Behavioral 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: www.nasbaregistry.org. 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 excluded assets, qualifying transfer techniques, same-sex couples planning, and estate recovery rules. Upon completion of this course, attendees should be able to: • Institute the latest changes to in-home care services coverage under the ACA and PACE. • Assist clients in clearing up out-of-state coverage issues before applying for Medicaid. • Find new ways to transfer assets without risking eligibility. • Answer the question - Can a gay couple claim CSRA? Find the answer to this and other questions raised by the recent DOMA repeal. • Determine what assets count as “without saleable value” for purposes of qualified transfers. • Walk through the Medicaid application, hearing and appeal steps and get tips on speeding up the process. • Prevent malpractice with legal ethics guidance tailored to Medicaid practice challenges. • Make better use of waivers and estate recovery exemptions. Field(s) of Study -- Taxes; Specialized Knowledge; Behavioral Ethics.

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Questions


How To Order

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