William P. Isele will present “Nuts and Bolts of Elder Law and Estate Administration.” Presented in cooperation with the NJSBA Elder & Disability Law Section and NJSBA Young Lawyers Division
Elder law continues to offer the legal profession a booming opportunity for growth. As your current clients continue to grow older, you need to position yourself to be able to offer them and their families the legal services required by the elderly in today’s society. Or, you may be looking for lucrative areas in which to expand your current practice, including administering their estates.
This practical program is designed to provide the nuts and bolts of elder law practice & estate administration practice to general practitioners and young lawyers, as well as to more experienced lawyers seeking to expand into this field. A highly authoritative and experienced panel of elder law attorneys & estate planners will share proven techniques and experience it would take you years to gather on your own. You’ll also gain insight on how Federal Medicaid Reform will impact your practice. Register today!
Pick up everything you need to know about elder law & estate administration, including:
• Why Have a Will? – Gathering information; standard provisions; designation of fiduciaries;
protective clauses; sample forms; Ethics – who is the client?
• Powers of Attorney – Types of POAs; what should be included; why clients need them;
POAs and Living Wills; sample forms
• Living Trusts (Revocable/Irrevocable) as an Estate Planning Tool – Why it should be
used; Ethics – who is the client?; disadvantages; revocable vs. irrevocable; Insurance
Trusts; sample forms
• Basic Tax Considerations – Jointly-held property; “I love you” Will; no Will at all; insurance owned by client; unlimited marital deduction; estate planning in the testamentary document; sample forms/letters
• Estate Administration -?New Probate Law in New Jersey – Probate process; duties of
executor/fiduciary; gathering of assets; tax returns; tax waivers; access to property; sample forms/checklists
• Medicaid Planning in Light of Federal Medicaid Reform – Countable assets of Medicaid
applicant; income cap/Medical needy standard; look-back period; transfers of property;
personal residence; Medicaid estate recovery rules; probate; undue influence; competency
NJ CLE information: This program has been approved by the Board on Continuing Legal Education of the Supreme Court of New Jersey for 4.5 hours of total CLE credit.
For more information and to register, visit: http://www.njicle.com/viewprogram.aspx?catid=2097&progid=10576