Veterans Asset Protection Trust Drafting Camp – May 2023
Date/Time: May 12, 2023, 12:00-4:00 p.m. ET
Presenter: Jill Roamer, J.D., CIPP/US
Course includes: Recording + Materials
Online Location: Live Streaming via Zoom
Earn up-to 4.0 CLE hours
The EC Veterans Asset Protection Trust® (VAPT) is designed to hold a Veteran’s assets in order to qualify for future pension benefits from the Department of Veterans Affairs (VA). It is a specially designed irrevocable trust that allows wartime Veterans and their spouses to plan for their future care while protecting their property. This trust has both grantor and non-grantor subtrust options that were designed to comply with both VA qualification rules and the Internal Revenue Code.
Join ElderCounsel’s Law and Privacy Specialist, Jill Roamer, J.D., CIPP/US as she walks through a big-picture overview of VAPT design. She will then dive into the ElderDocx® drafting system to illustrate the various VAPT design options and how using the VAPT subtrusts can benefit your clients and their families which include:
- Why is one of the subtrusts a grantor trust for income tax purposes;
- Why would a client want the trust property to be included in the grantor’s estate at death; and
- The importance of retaining a power of appointment for beneficial capital gains treatment
Jill will also highlight the supporting documents to the VAPT document set so that you have a full picture of the resources the system provides you and your clients.
Who Should Attend:
Attorneys interested in learning the legal technical aspects of elder law planning within the practical context of drafting documents.
This event requires a great deal of participation from attendees. We highly recommend attending in-person if at all possible. If you opt to attend via live webcast, we ask that you prepare accordingly by following the guidelines below:
- Be prepared to share your webcam. This will allow attendees and presenters to see you and more easily interact with you during the event.
- 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.
- 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.
- Come ready to participate, learn, and have fun!
Cancellation Policy: Any enrollee in an ElderCounsel course (excluding online courses in the Learning Center) that cancels:
- More than 10 business days in advance of the start of the course will be eligible for a full refund;
- Within 3-10 business days of the start of a course, will be charged a $250 cancellation fee; and
- Less than 3 business days prior to the start of the course, will not receive a refund.