According to the U.S. Department of Health and Human services, the average cost of long-term care in the United States ranges from over $3,500 per month for assisted living to over $7,500 per month for skilled nursing. Approximately 70% of those aged 65 and older will need long-term care at some point in their remaining years, leaving them wondering how they can protect their assets against long-term care expenses. An irrevocable trust may over an appropriate solution. However, many practitioners are unfamiliar with the rules and regulations involved, especially where concerning Veterans Administration (VA) and Medicaid benefits.
In this practical webinar, you will explore the impacts that an irrevocable trust may have on VA and Medicaid benefits. You will also examine the rules and regulations for VA and Medicaid benefits when drafting an irrevocable trust, as well as how to determine when an irrevocable trust is appropriate, how to qualify for an irrevocable trust, and essential elements that should be contained in the trust.
Upon course completion, you will be able to:
- Determine when an irrevocable trust is appropriate for your client
- Compile and compose the main contents of an irrevocable trust drafted for VA and Medicaid purposes
- Advise clients on the benefits of an irrevocable trust for VA and Medicaid planning
- Determine the overlap between VA and Medicaid planning objectives when determining whether or not to use an irrevocable trust
This course is eligible for CLE credit. Please be sure to check the Credits tab prior to enrolling to confirm this course has been approved for CLE credit in your state.
Martha C. Brown & Associates, LLC
Nikki Mitchell is a partner at Martha C. Brown & Associates, LLC. Martha C. Brown & Associates, LLC concentrates on the unique legal needs of the elderly, people with disabilities and the families who care for them. Ms. Mitchell works in all areas of elder law for the firm. She is committed to helping clients in need and guiding them through difficult legal processes with compassion. She understands how overwhelming the situations facing her clients can be and strives to make each one feel heard and understood. Ms. Mitchell is regularly invited to speak at many local and national Elder Law conferences and symposiums.
CLE Credits (Law)
In some CLE states, the course will be submitted to the bar after you register. If for any reason the course is not approved, we will fully refund your registration fee. If a state is listed on this course, then we are confident the course fits that state's standards and already is or will be approved for credit.
What is a webinar?
A webinar is simply a seminar that you attend online. You either watch a live video feed of the speaker or listen to the speaker through your computer, tablet or phone’s audio. You see the speaker’s slides, videos, and other presentation materials on your screen.
Can I ask questions during the webinar?
Yes. During the live webinar, you may submit questions and comments and the speaker will respond verbally. For a recorded webinar, your questions will be emailed to the speaker. You will typically receive a response from the speaker within two business days.
Can I attend using a tablet or smartphone?
Yes. You may attend a webinar using a computer, tablet or smartphone.
If I can’t attend a webinar live, can I view the recording later?
Yes. Shortly after each live program ends, we send all webinar registrants a link to the webinar recording. You can view the recording as many times as you like after the live webinar for up to 12 months.
What is an on-demand webinar?
An on-demand webinar is a previously recorded webinar that you may view at any time after your purchase for up to 12 months.
Can I stop a recorded webinar and start it later at the same point?
You can stop a recording and later log back in and navigate to any point in the webinar. The system will not force you to view the entire recording from start to finish.
Can I listen to recorded webinars on a tablet or smartphone?
Yes. You will be able to listen to any of our on-demand webinars on your computer, tablet, or smartphone.
Do the webinars qualify for Continuing Education Credit?
Almost all of our webinars are approved for continuing education credit, including CLE (in all states), CCB, CPE, HRCI, IRS and SHRM credit. Unlike many providers, we don’t charge you any additional fee to process your credit. If you have specific questions, please call us at 703-372-0550 or contact us.
Can I still receive Continuing Education Credits if I view the webinar recording instead of the live presentation?
In most cases, the answer is yes. Recorded webinars are not eligible for CLE credit in the following states: AR, KS, MS, NE, and RI. In all other jurisdictions, recorded programs are eligible for credit. In addition, CPE credit is not available for recorded webinars. Please note that recorded webinars are only eligible for a certain period of time based on the jurisdiction. To ask about your specific type of Continuing Education Credit or the requirements in your jurisdiction, please call us at 703-372-0550 or contact us.
Will I receive a certificate of completion after the course?
Yes. A certificate of completion will automatically be uploaded to your Clear Law Institute account after completing the live or on-demand webinar.
Do I need to be a member to receive a certificate of completion?
No. An account will automatically be created for you when registering for a webinar. You will then be able to access your certificate of completion after completing a webinar.
How do I determine my states’s CLE requirements.
Please find your state listed here with instructions for calculating the number of credits in your state.
How will I submit my attendance to receive CLE credit in my state?
Please find your state listed here with instructions for confirming your CLE attendance.
How does the money-back guarantee work?
Clear Law Institute stands behind all of its courses with a no-risk, money-back guarantee. If you are not satisfied with the quality of a webinar, we will fully refund your money—no questions asked. If you purchase an annual all-access membership, you can cancel within 14 days for a full refund.