Family Caregiver Contracts and Use of Real Estate for Elder Law Attorneys A practical course that answers your questions about how to title real estate and use family caregiver contracts
More and more elderly are choosing to live at home or with family members. However, without proper planning these decisions can create unintended tax and Medicaid eligibility problems. The family care contract is an increasingly popular and effective means for insuring that your clients’ goals are being met. In this course, you will explore the advantages and disadvantages of family caregiver agreements. You will learn how they work and pick up great drafting tips. Real estate titling issues will also be addressed. From life estates to reverse mortgages, you will gain a solid understanding of when and how to title real estate to best meet your clients’ objectives. The emphasis will be on practical, "real world" problems and solutions.
9:00 - 9:45
Family Caregiver Contract
What is a Family Caregiver Contract?
Drafting tips for preparing the contract
Determining what is "fair and reasonable" payment
Duration of care contract
Breach of contract
Inter family issues
Act 43 implications on family care contract
9:45 - 10:30
The Child Caregiver Exception to Medicaid Transfer Rules Dealing with Real Estate
What is the caregiver exception to Medicaid Transfer Rules?
Inter Family Issues
Rules dealing with transfer to other than family caregiver child
Undue waiver request post death
10:30 - 10:45
Break
10:45 - 11:30
Life Estates under the DRA
What is a "life estate" under Pennsylvania law?
How is a parent’s purchase of a life estate impacted by Medicaid under the Deficit Reduction Act of 2005?
How can a life estate be used with a family care agreement to provide a residence and care for a parent?
11:30 - 12:15
Tax Implications
Family caregiver contracts
Child caregiver exception to Medicaid transfer rules
Partial interest transfers of real estate between family members
What Past Registrants Found So Valuable
Great practical information!
Excellent overview of an area which is pertinent in everyday life
I loved the tables and substantive discussion of strategic analysis
Well organized take-away materials
Such knowledgeable presenters with extensive experience
The info at this seminar is useful on a DAILY BASIS!
Very practical examples and so relevant
Attend to get answers to questions such as these:
Under what circumstances does a family caregiver contract make the most sense?
What tax implications are there to a family caregiver?
What does the "child caregiver exception" to the Medicaid transfer rules provide?
How should the payment to a caregiver be structured?
May the caregiver be a nonfamily member?
May Mom and Dad each purchase a life estate in the same real estate?
What is the effect of the sale of property subject to a life estate after a parent enters a nursing home?
Why should a life estate in Pennsylvania be treated as a "right to occupy" – and why does it matter?
May a parent transfer or gift back the life estate to the property owner after one year?
When and how can a life estate be used with a family care agreement to provide a residence and care for a parent? And much more!
Course Planner: Robert J. Breslin, Jr., Esq.
Don’t Want to Travel? Take the Course Live on the Web! The CLE Board now permits you to earn up to four credits online (sorry: online credits cannot be carried forward). This course is offered via live webcast simultaneously with the satellite broadcast.
Click here to register for the live webcast. Then stay in the comfort of your home or office on Thurs., Oct. 28 as you join hundreds of your colleagues to catch up on the latest developments. Important note: Call Customer Service about credit in other jurisdictions or in other professions.
Course Materials
Course Book (2010-6499) — $69
Audio CD (ACD-6499) — $39
Audio CD & Book Set (ACDS-6499) — $99
To order course materials, please call PBI`s Customer Service Department at 1-800-247-4724.
If you are ordering course materials separately, please allow two weeks after the program for the shipment of books and 4 to 6 weeks for shipment of the CDs and book/CD sets. Include $6.00 shipping & 6% Pa. Sales tax on all orders.
clw/bkt
Credit Information
3 Total CLE credits (No Ethics)
Dates & Locations
Please note: Check-in begins 30 minutes prior to every event.
Location
Start Time
End Time
PBI Professional Development Conference Center
Heinz 57 Center, 339 Sixth Ave., 7th Floor, Pittsburgh, PA
