Protecting Assets from Estate Taxes, Nursing Home Costs, Creditors, In-Laws & Problems Arising Out of Probate
ACTIVE
This presentation, designed for independent patient advocates, will provide an attorney’s overview of essential estate planning and asset protection considerations that commonly arise when supporting patients and families through healthcare and long-term planning decisions.
Topics will include advance directives and their role in communicating healthcare wishes, as well as an introduction to wills and the probate process. The session will also examine the differences between wills and trusts, including when each may be appropriate, and discuss how revocable (living) trusts can help families avoid probate.
In addition, the presentation will cover irrevocable trusts used for asset protection planning, including Medicaid Asset Protection Trusts and Credit Shelter Trusts, with practical insight into how these tools may impact long-term care and financial planning.
Learning Objectives
By the end of this webinar, participants will be able to:
- Understand the purpose and function of advance directives, wills, and trusts in supporting patients’ healthcare and estate planning goals.
- Recognize the basic steps of the probate process and identify common issues families may encounter following incapacity or death.
- Differentiate between wills, revocable trusts, and irrevocable trusts, including the advantages and limitations of each planning tool.
- Identify how asset protection strategies, including Medicaid Asset Protection Trusts and Credit Shelter Trusts, may affect long-term care planning and family financial security.
Whether you regularly assist aging adults, caregivers, or individuals facing chronic illness, this session will provide valuable context to help you communicate more confidently and recognize when referral to an estate planning attorney may be appropriate.
Non-Member Purchase
You will receive an email, after checking out, with a unique passcode to input above enabling this webinar.
Continuing Education webinars are open to NAHAC members and the general public looking to enhance their knowledge and receive continuing education credit.
As a NAHAC benefit, Full Members are charged only $10.00 for a CE webinar while the general public pays $40.00 per CE credit webinar. NAHAC full members, who just want to view the webinars, can go to the NAHAC website to view the webinars at any time – no charge.
To receive the discounted NAHAC membership rate for CE webinars, access and complete an application here: Membership Form.
Members Only Purchase
You will recieve an email, after checking out, with a unique passcode to input above enabling this webinar.
Continuing Education webinars are open to NAHAC members and the general public looking to enhance their knowledge and receive continuing education credit.
Michael Greenberg, founder of Michael J. Greenberg, P.C.
Michael Greenberg is the founder of Michael J. Greenberg, P.C., a full-service Estate Planning and Elder Law firm located in the heart of New York City. Michael’s community activities include serving as the Chair of the Legal Committee of the New York City Chapter of the Alzheimer’s Association and on the Professional Advisory Council of the Calvary Hospital. He holds a B.A. from Williams College, a J.D. from the Emory University School of Law, and is licensed to practice in New York, Connecticut, New Jersey, and Florida.