Veterans Aid and Attendance Pension Seminar

Agenda

Registration 8:30 - 9:00 AM

9:00 - 9:30 AM

• Ethics of doing VA applications

  • VA registration

  • Charging for Services

9:30 - 10:30am

• The Aid and Attendance Benefit

  • What is the Aid and Attendance Benefit?

  • What can your client use the money for?

  • Service Requirements

  • Disability Requirements

  • Income Test

    • What is IVAP?

    • What are un-reimbursed medical expenses?

    • How to you calculate the benefit amount?

  • Asset Test

    • What assets count?

    • How do you calculate the allowable amount of assets?

    • What do you do with the excess assets?

    • Is there a look back period?

    • What is the Medicaid Trap? How do you avoid it?

    • How are annuities used in VA Planning?

    • How are trusts in VA Planning?

10:45 to Noon

• The Veteran's Trust

  • Who is the Grantor?

  • Who can be the Trustee?

  • Who can be a beneficiary?

  • What types of property can be placed in the Trust?

  • What is a Trust Protector? What doe s a Trust Protector do?

  • How is the Trust taxed?  Income and Estate Tax considerations

  • What is a distribution committee?

  • What do you do if you get caught in the Medicaid trap?

Lunch 12 - 1:30 - Provided.

• The Care Contract

  • What is it's role in VA planning?

  • What about MassHealth?

  • Michelle's contract and ancillary documents

  • How is the contract taxed?

2:00 - 3:00pm

• How do I (the Attorney) make money on this service?

  • Look at the A&A as a tool in your elder law tool kit.

  • How to screen out non-qualified prospects.

  • What to do with non-qualified prospects.

  • Where to obtain qualified prospects.

    • Council on Aging

    • Veteran's Agent

    • Home Care Agencies

    • Seminars

    • Lawyers and CPA referrals

    • Assisted Living

3:15 - 4:00pm

• How to fill out the application properly so that it will be approved quickly