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Provided by: Lorman Education Services Special Needs Trusts: Planning for the Disabled and Elderly |
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8:00 am - 8:30 am Registration
8:30 am - 10:00 am Overview of Special Needs Trusts
- Nelson A. Raust, Esq.
- Public Policy Considerations
- Traditional Estate Planning Options for the Disabled
- What Is a Special Needs Trust? Third-Party Trusts? Self-Settled Trusts? Pooled Trusts?
- Circumstances Where a Special Needs Trust May Be Used
- Advantages and Disadvantages of Special Needs Trusts
- Ethical Considerations
10:00 am - 10:10 am Break
10:10 am - 11:10 am Eligibility for Public Benefits
- Ann N. Butenhof, Esq.
- Requirements for Medicaid Eligibility
- Resource Eligibility
- Income Eligibility
- Requirements for Supplemental Security Income Eligibility
- Resource Eligibility
- Income Eligibility
- Treatment of Distributions From Special Needs Trusts
- Social Security Disability and Medicare Distinguished
11:10 am - 12:25 pm Drafting Strategies
- Jan P. Myskowski, Esq.
- Distributions Standards: Pure Discretion vs. Power to Supplement Benefits
- Medicaid Payback Provisions (Self-Settled vs. Third Party Trusts)
- Quality of Life Considerations
- Tax Saving Strategies
- Building Flexibility Into the Trusts
- Trustee Selection and Trust Protectors
12:25 pm - 1:25 pm Lunch (On Your Own)
1:25 pm - 1:40 pm Strategies for Pooled Trusts
- Ann N. Butenhof, Esq., and
John S. Kitchen, Esq.
- Individually Tailored Trusts and Master Trusts With Joinder Agreements
1:40 pm - 1:50 pm Break
1:50 pm - 3:10 pm Administering Special Needs Trusts
- John S. Kitchen, Esq.
- Choosing a Fiduciary
- Funding Special Needs Trusts
- Investment Strategies
- Distributions From Special Needs Trusts
- Monitoring Special Needs Trusts
- Ethical Considerations
3:10 pm - 4:20 pm State's Perspective and Best Practices
- Lisabritt Solsky, Esq.
4:20 pm - 4:30 pm Questions and Answers
- Ann N. Butenhof, Esq., John S. Kitchen, Esq.,
Jan P. Myskowski, Esq., Nelson A. Raust, Esq., and Lisabritt Solsky, Esq.
