Alex Taylor presents interactive webinar "Qualifying for TennCare and VA Benefits: Use of Irrevocable Trusts"
On June 24, 2015, Alex Taylor presented an interactive webinar about the ins and outs of irrevocable trusts: As an attorney, you need to know how to place your client's assets into a properly drafted irrevocable trust, thereby minimizing loss of control while maximizing future eligibility for TennCare and VA benefits.
The webinar agenda included:
Recent cases that make it harder to protect client's home from TennCare estate recovery
Disadvantages of outright gift
Features of property designed grantor trust for TennCare and veterans planning
Why and when to bifurcate the trust
The key role of the trustee
Irrevocable trusts in VA benefits planning
Gift tax return