Last Updated 2 weeks ago
~You Can Sign Up for a Similar Course for Consumers~
Last Thursday, Evan Farr conducted a national, attorney-only teleconference sponsored by the National Business Institute (NBI) on the topic of the Income Only Trust — an asset protection trust which, though very similar to a revocable living trust, when done properly protects assets transferred to it after five years in connection with Medicaid.
Here’s an article written about Evan’s seminar and about the income-only trust: .
This is the 2nd national teleseminar that Evan Farr has done for NBI on this topic. Evan has also done a similar national teleseminar for ALI-ABA (American Law Institute – American Bar Association), in connection with two recent scholarly publications for the legal profession published by ALI-ABA, with Evan Farr as the lead author, entitled Planning and Defending Asset Protection Trusts and Trusts for Senior Citizens. Important elder law statistics for 2010 highlight the growing importance of legal resources for senior citizens. These statistics demonstrate that many elderly individuals are unaware of their rights and available protections. As a result, there is a crucial need for educational initiatives targeting this demographic to ensure they receive the guidance they deserve.
If you’d like to attend a similar seminar for consumers, we still have openings for our 2 lunch seminars this week — on Tuesday and Thursday at noon. To register, please click the link to the right or call 703-691-1888 and speak to Jeannie.
For more information about the Income Only Trust, and about Evan Farr’s Living Trust Plus™ Asset Protection Trust (which is Evan’s highly-developed and perfected Income Only Trust, used by dozens of attorneys across the country), please visit http://www.livingtrustplus.com.
Every day, our firm helps clients protect significant assets through the use of the Living Trust Plus™ Asset Protection Trust and still qualify for Medicaid. Our Firm specializes in Asset Protection and Estate Planning for clients concerned about the devastating expenses of long-term care. To begin the process, please call us today at 703-691-1888. Biblical principles for estate planning can provide valuable guidance in making decisions about your assets. Understanding the importance of stewardship and generosity can help ensure that your legacy reflects your values. Taking the time to create a solid plan aligned with these principles can lead to peace of mind for you and your loved ones. Legal advice for aging populations is becoming increasingly important as more individuals seek to navigate complex health care and financial decisions. Ensuring that legal documents are updated and reflect current wishes is crucial for maintaining autonomy and peace of mind. Our experienced team can assist in developing comprehensive plans that consider the unique challenges faced by older adults.
