Estate Planning and Long Term Care
Evening Class @ Walled Lake Elementary School - Media Center
Estate Planning Basics AND Protect Your Assets from the High Cost of Long Term Care Classes
Estate Planning Basics - Class #W22306 and #W22307
Probate, long term care, and tax laws are constantly changing. Find out how to prevent your assets from going through probate, how to protect unnecessary taxation, how to retain control of your affairs, and how to protect yourself against the costs of long term care. Discover the dangers of using joint accounts and quit claim deeds as estate planning tools. Learn about medical and financial powers of attorney, wills, “Ladybird” deeds and living trusts.
Attendees will learn about how “gifting” can affect them and the recipient, including gift tax laws, capital gains tax laws, and the person’s eligibility for Medicaid and Veterans benefits. The class will cover recent changes in Michigan's real estate laws, which prevent the reassessment of the taxable value of the property for transfers to family members. Learn about Michigan's "Estate Recovery" law, whereby the State can seek repayment from a person's estate for governmental benefits paid, and ways to prevent that from happening. Attendees receive a Personal Affairs Organizer.
No refunds or credits with less than 24 hours notice for one day classes.
Course taught by elder care law attorney, Christopher Lindsay.
Protect Your Assets from the High Cost of Long Term Care - Class #W22308 and #W22309
Did you know that 50% of people 65 years or older will spend some time in a nursing
home and that it costs $8,000 a month for such care? Because neither health insurance nor Medicare covers these costs, losing one’s life savings to such costs is a natural fear. This course discusses ways to avoid the nursing home; in-home care options, payment options, long term care insurance (LTCi), "new" alternatives to LTCi insurance, Veterans and Medicaid benefits, special needs trusts and more.
Discover how federal law allows you to convert existing life insurance and annuities into "tax-free" long term care insurance benefits. There have been significant changes to the Medicaid and VA rules. For example, did you know that paying a caregiver can disqualify you from receiving Medicaid benefits? Learn about the VA's proposed rule changes, which includes a three-year gift "look-back period." Learn how to avoid the “Estate Recovery” law which seeks repayment from a person’s estate for benefits paid.
No refunds or credits with less than 24 hours notice for one day classes.
Course taught by elder care law attorney, Christopher Lindsay.
**AS OF August 24, 2021 - students will be required to wear a mask at all classes, practices and games.**
6:00pm-8:00pm - Walled Lake Elementary School - Media Center
**AS OF August 24, 2021 - students will be required to wear a mask at all classes, practices and games.**
Estate Planning Basics
CLICK ON Class #W22306 to register
Session(s): 1
Tuesday, 1/18
6:00pm-8:00pm
Fee: $25
No refunds or credits with less than 24 hours notice for one day classes.
Estate Planning Basics
CLICK ON Class #W22307 to register
Session(s): 1
Thursday, 3/22
6:00pm-8:00pm
Fee: $25
No refunds or credits with less than 24 hours notice for one day classes.
Protect Assets from High Cost of Long Term Care
CLICK ON Class #W22308 to register
Session(s): 1
Thursday, 2/17
6:00pm-8:00pm
Fee: $25
No refunds or credits with less than 24 hours notice for one day classes.
Protect Assets from High Cost of Long Term Care
CLICK ON Class #W22309 to register
Session(s): 1
Thursday, 3/15
6:00pm-8:00pm
Fee: $25
No refunds or credits with less than 24 hours notice for one day classes.