New CLE on Elder Law & Long Term Care Planning

The focus of attorneys that handle wills and trusts has historically been estate planning – preparing for the transfer of the client’s wealth and assets after his or her death. However, with our aging population living longer, the focus has turned from planning for death and wealth transfer to planning for long term care and asset preservation during life. And with the large number of Baby Boomers in our country reaching retirement age, this has become a rapidly growing practice area.

Elder Law

By 2030, it is estimated that 72 million people in the United States will be 65 years or older – that’s roughly 20% of the population. Medicaid and Aid & Attendance planning – the foundations of elder law – can be extremely beneficial to your aging clients.

In this introductory CLE course, Richard Scott Stewart discusses the main points of helping clients to plan for long term care and how you can add elder law to an existing estate planning practice. The main topics discussed in this course include the emerging importance of elder law, primary considerations for elder law clients, long term care planning & options, veteran’s benefits and aid & attendance. To access the course please click here: Elder Law 101: An Introduction.

Mr. Stewart also discusses:

  • Our rapidly aging population
  • Similarities & differences between elder law & estate planning
  • Acute vs. custodial care
  • Home based care
  • Medicaid planning basics
  • Medicaid planning & estate recovery
  • Medicare
  • Long-term nursing care
  • The look back rules & penalty period
    Exempt assets
  • The reverse half loaf
  • Service & non-service benefits for veterans
  • Service dates
  • The qualifications for veteran’s benefits

Richard Scott Stewart has concentrated his law practice on solving the legal problems affecting the California senior population. His elder law practice is devoted to estate planning, asset protection and retention, probate, estate administration and settlement and other elder law issues, including benefits retention and acquisition.

This CLE course is offered in the following states:

  • Alaska (AK)
  • Arizona (AZ)
  • California (CA)
  • Connecticut (CT)
  • District of Columbia (DC)
  • Illinois (IL)
  • Maryland (MD)
  • Massachusetts (MA)
  • Michigan (MI)
  • Missouri (MO)
  • New Hampshire (NH)
  • New Jersey (NJ)
  • New York (NY)
  • North Dakota (ND)
  • Pennsylvania (PA)
  • South Dakota (SD)

Attorney Credits offers CLE for attorneys in Illinois and around the country. For more information about CLE in Illinois please click the following link: IL CLE.