Essential Irrevocable Trust Design Considerations for Medicaid Planning (Two Part Series)

essential-irrevocable-trust-design-considerations-for-medicaid-video-plus-materials---

Includes: MAPT Flowchart

 

Part One Recorded: February 10, 2022
Duration: 60 minutes
Presenters: Mark Munson, J.D., CELA,  Attorney, Ruder Ware, L.L.S.C  and Jim Wolverton, J.D.


Part Two Recorded: April 12, 2022
Duration: 59 minutes
Presenters: Mark Munson, J.D., CELA,  Attorney, Ruder Ware, L.L.S.C  and Jim Wolverton, J.D.

Irrevocable trusts are a vital tool for attorneys that are helping clients plan for the costs of long-term care.

However, proper trust design is essential to ensure the client’s goals are balanced with federal and state Medicaid rules. If the trust is not designed properly assets in the trust could be counted for qualification, be available for estate recovery, or not be properly protected during the client’s lifetime.

During the two part series, Mark Munson explores some of the design options available in irrevocable trust drafting and how to protect special assets. He has experience in multiple jurisdictions using these trusts for proactive and crisis Medicaid planning. Mark will provide practical knowledge that he has gleaned from helping clients navigate the trust’s many nuances.