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Protecting Your Family Home Through Trusts

SKU: EPP050
General Credits
1
Price$50
  • Instant Online Access
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Description

All too often, the senior client may find themselves in a dire predicament. Immediate long-term nursing home care is needed and they do not have private funds or long-term care insurance to pay for such care.

An individual’s primary asset is often the home in which he or she resides, and there is a common misconception that in such instances, the only recourse would be to sell one’s home and to use the entire proceeds to pay for long-term care needs.

This CLE course will provide an overview of options wherein this important asset can be saved for the Medicaid applicant and/or their loved ones. The advantages of utilizing exempt transfers as well as a Medicaid Irrevocable Asset Protection Trust will be discussed along with other benefits of using a trust.

Lecturer Bio

Ronald A. Fatoullah, Esq.

Ronald Fatoullah Chairs the Elder Law Practice Group and is a Partner in the firm's Trusts & Estates Practice Group for Meltzer, Lippe, Goldstein and Breitstone, LLP. Prior to joining the firm, Ron was the founder and principal of Ronald Fatoullah & Associates for over 35 years, perennially recognized as one of New York's top Elder Law and Estate Planning firms. Ron has been devoted to advising New Yorkers about the legal and financial challenges of aging. He is highly regarded for his contributions and expertise in estate planning and administration, Medicaid planning, special needs planning, wills and trusts, probate, guardianships, and estate and & guardianship litigation.

To learn more about Ron visit his website meltzerlippe.com.

*Certified as an elder law attorney by the National Elder Law foundation.

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