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The Medicaid Asset Protection Trust: From Initial Consult to Funding – Aug 2022

$250.00$495.00

3-Day Course: August 24-26, 2022
Pre-camp call: Wednesday, August 17, 3:00 p.m. ET
Presenters: Mark D. Munson, J.D., CELA, Jill Roamer, J.D., CIPP/US, and Jim Wolverton, J.D.

Attendance Options:
Seats Available in Denver, CO (Virtual Seats Sold Out)

Earn up to 12 hours total CLE

In-Person Price: $495
Virtual Webcast Price: $995 (Virtual Seats Sold Out)
Reserve your seat for $250 (remaining balance will be charged 3 business days before the course)

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Description

The EC Medicaid Asset Protection Trust® (MAPT) is the keystone to many ElderCounsel members’ proactive planning practices. During this three-day live event, we will cover the full life of MAPT planning from how to talk to clients about proactive planning, trust considerations and design, to trust funding.

Some of the specific topics covered during this course will be:

  • Applicable Medicaid Law
  • Basic Trust Design Considerations
  • Beneficiaries
  • Advanced Trust Design Considerations
  • Trust Protectors
  • Special Assets and How to Read the Paperwork
  • Taxation
  • Medicaid Application Considerations
  • Funding

We will leverage Mark Munson’s in-depth knowledge of all things MAPT and Jill Roamer’s ElderDocx® drafting insights to provide a practical overview of this important asset preservation planning tool. ElderCounsel members will have the opportunity to draft a MAPT during this interactive program.

You will walk away from this course with a deep understanding of a MAPT’s technical aspects, how to draft it accordingly in ElderDocx, which assets are right to be funded into the trust, and how to fund the MAPT.

This course will be hosted at our classroom, The LAB @ Denver, in Denver and it will also be broadcast live via Zoom. The sessions are scheduled to start Wednesday afternoon and conclude Friday at noon. This was done to allow you to travel to Denver Wednesday morning and leave Friday afternoon if you would like to minimize your travel time but attend sessions.

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CLE
3-day course qualifies for up to 12 hours total CLE

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Webcast Requirements
This event requires a great deal of participation from attendees. We ask that you prepare accordingly by following the guidelines below:

  1. Be prepared to share your webcam. This will allow attendees and presenters to see you and more easily interact with you during the event.
  2. Be sure your Internet speed will support streaming the workshop.
    • You must have an Internet connection with a minimum speed of 10 Mbps. We strongly recommend a wired connection. You may learn your speed at www.speedtest.net.
    • A quiet place without interruptions
    • A working microphone
    • Google Chrome as your recommended browser
    • Close other applications and bandwidth heavy items such as cloud applications that require continuous syncing
    • Headphones are recommended for listening.
  3. If at all possible, make plans to participate from a location outside of your office. This event requires participation from attendees and if you are interrupted by work demands you (and other attendees) will not get the full benefit from the event and it will be disruptive for everyone.
  4. Come ready to participate, learn, and have fun!

In-Person Event Requirements

  • Unless otherwise required by applicable law or the CDC at the time of the event, Personal Protective Equipment (PPE) and social distancing will not be required for in-person gatherings, but are permitted at the option of each attendee irrespective of the person’s vaccination status. Please note that this policy is subject to the rules of the location where an event is being held (i.e., The LAB Building [Denver Place/LBA Realty]), and if such rules are stricter than this ElderCounsel policy, all attendees will be required to comply with such rules.  ElderCounsel will provide any such rules to attendees in all pre-event communications, and updates as such updates are made available to ElderCounsel. Private business rules will still need to be adhered to, i.e. The LAB Building (Denver Place/LBA Realty).
  • Webcast options will be made available for most events for any attendee who is unable or unwilling to attend in person.
  • If an attendee is exhibiting flu-like symptoms (as defined by the CDC) they will not be permitted to attend an in-person event. The attendee should notify an ElderCounsel representative as soon as possible if the attendee is experiencing flu-like symptoms and alternative arrangements will be made for the attendee.
    • If an attendee begins exhibiting symptoms after they have arrived at an ElderCounsel event, ElderCounsel reserves the right to ask the attendee to remove themselves from the premise.
  • If an attendee is unable to attend a live event due to illness, the attendee will be permitted to attend via live webcast (when applicable). If no webcast option is available for an event, ElderCounsel’s refund policy will apply.

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Cancellation Policy: Any enrollee in an ElderCounsel course (excluding online courses in the Learning Center) that cancels at least 10 business days in advance of the start of the course will be eligible for a full refund.

  • Any cancellations within 3-10 business days of the start of a course, will receive a full refund less a $250 cancellation fee.
  • For cancellations occurring with less than 3 days’ notice, no refunds will be issued.

Substitution Policy: If you are unable to attend, you may transfer your registration to another person within your organization by submitting the new attendee’s name and contact information [email protected].

The Speakers

mark munson

MARK D. MUNSON, J.D., CELA
Attorney, Ruder Ware, L.L.S.C.

Jill Roamer

JILL ROAMER, J.D., CIPP/US
Law and Privacy Specialist, ElderCounsel

Jim Wolverton, J.D

JIM WOLVERTON, J.D.
Director of Education, ElderCounsel

Pre-camp call

  • Wednesday, August 17, 3:00 p.m. ET

Wednesday, August 24, 2:30 p.m. – 7:00 p.m. ET

2:30 – 3:00

Welcome

3:00 – 4:00

Applicable Medicaid Law and Basic Trust Design Considerations
During this session we will introduce why the MAPT is the tool used in Medicaid proactive planning and the legal authority which makes it so valuable. We will then transition into basic trust design considerations to help you establish the foundations of an effective trust for your clients.

4:00 – 5:00

Lifetime and Remainder Beneficiaries
This hour of the program will be spent discussing the valuable role the lifetime beneficiaries play in the execution of the MAPT. We will also discuss income rights and who is the proper income beneficiaries. Remainder beneficiary distribution options will also be considered and what to look out for when setting up what happens at the end of the trustmaker’s life.

5:00 – 6:00

Advanced Trust Design Considerations and Trust Protectors
During this session we will dive into the Uniform Trust Code, Uniform Principal and Income Act, Uniform Prudent Investor Act and discuss the important role Trust Protectors play to ensure the trustmaker’s intent is realized.

6:00 – 7:00

MAPT Taxation
During this session we will cover the potpourri of taxation issues to consider when drafting a MAPT including grantor trust status, income taxation, stepped up basis, gift taxation, estate taxation and generation skipping transfer tax.

7:00 – 7:00

Adjourn

Thursday, August 25, 11:00 a.m. – 6:00 p.m. ET

11:00 – 12:30

Proactive Medicaid Planning and the Initial Consultation
This session will explore how to broaden basic estate planning conversations to include long-term care concerns. We will also discuss how to describe the MAPT so that clients understand the value of this planning without overwhelming them with legal technical information.

12:30 – 2:00

MAPT drafting in ElderDocx
During this session, ElderCounsel’s Law and Privacy Specialist, Jill Roamer, will walk attendees through the MAPT interview in ElderDocx®to demonstrate how you can leverage the software to efficiently implement the lessons learned during the course in preparing your MAPT documents.

2:00 – 4:00

Lunch – On Your Own

4:00 – 6:00

MAPT Case Studies
During this session we will use case studies to implement the knowledge gained during the course to review fact patterns and client ownership documents to gain hands-on experience with reviewing a file and client documents prior to funding.

06:00 – 06:00

Adjourn

Friday, August 26, 11:00 a.m. – 2:00 p.m. ET

11:00 – 12:30

Special Assets and How to Read the Paperwork
During this session we will discuss the types of assets clients own that require special attention like stocks, non-qualified annuities, life insurance and others. We will also review the paperwork involved with the ownership of these assets and what to look for when reviewing your clients’ documents.

12:30 – 2:00

Funding the MAPT
During this wrap-up session we will discuss how to make sure the MAPT is funded to correctly to ensure the planning you worked on is successfully implemented and the client’s assets are protected according to their plans.

2:00 – 2:00

Adjourn

Additional information

Event Option

Attend In Person, Attend via Webcast

Payment Options

Pay in Full, Reserve Your Seat

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