Wills, Trusts, and Medicaid Planning: Drafting Essentials, Fiduciary Guidance, and Long-Term Care Strategies

This session explores essential client intake strategies, including homework memos and techniques for gathering comprehensive personal and asset information. Attendees will learn about selecting appropriate fiduciaries, understanding executor and trustee duties, and drafting key trust provisions such as disclaimer trusts, credit shelter trusts, QTIP trusts, and supplemental needs trusts.

This session examines the critical differences between wills and trusts, helping practitioners determine when each vehicle is most appropriate for their clients. Topics include requirements for valid will execution, types of trusts and their protection levels, the importance of properly funding trusts, and coordinating powers of attorney and advanced directives.

As baby boomers age, Medicaid planning has become essential to modern estate practice. This session covers Medicaid eligibility requirements, irrevocable trust strategies including Medicaid Asset Protection Trusts, gifting techniques, and how to build a profitable Medicaid planning practice that serves clients throughout their lifetimes.