This year’s Institute features a series of programs on Elder Law. This series covers the legal, ethical, and practical issues involved in the financial exploitation of seniors, planning for retirement accounts, and claiming social security benefits.
Tuesday, January 10, 2017 (10:55 – 11:45 a.m.)
Retirement Accounts in First and Second Marriages: The Fun Begins
Christopher R. Hoyt
After summarizing the rules governing required distributions from inherited retirement accounts, this presentation will examine the estate planning and income tax challenges of funding a trust with retirement assets, especially a trust for a surviving spouse. It will then explore the added challenges of a second marriage and a blended family.
Tuesday, January 10, 2017 (3:55 – 4:45 p.m.)
I Have it Because Mom Liked Me the Best: How to Help Protect Vulnerable Seniors from Financial Exploitation
Stuart C. Bear
You learn that your client is “slipping”. She is unable to fully care for herself but she is stubborn and wants to keep living independently. You have reason to believe that son is stealing money from mother. As a trusted advisor, what do you do in terms of your legal and ethical responsibilities? This session will identify your legal and ethical responsibilities, and provide practical advice and guidance regarding what you can do to protect your client.
Wednesday, January 11, 2017 Special Session II-D (3:50 – 5:20 p.m.)
Mom Wanted Me to Have It: A Panel Discussion on the Legal, Ethical, and Practical Considerations Involving the Financial Exploitation of Seniors
Stuart C. Bear, Mary F. Radford, Francis J. Rondoni
This session will provide practical advice and guidance from the perspective of an elder law lawyer, a legal ethicist, and an estate litigator and criminal prosecutor. The focus will be on how to protect vulnerable seniors from others, as well as from themselves, when a senior’s judgment is impaired.
Friday, January 13, 2017 (9:00 – 9:50 a.m.)
When to Claim Social Security Benefits: Later Is Usually, but Not Always, Better
Lawrence A. Frolik
Social Security retirement benefits are available at age 62, but many wait until the age of 66 or even age 70 to claim them. There is no “right” answer about when to start benefits. This session will explore how attorneys should advise their clients, and help attorneys themselves, to decide when to claim benefits. Hint – it’s not just about you; it’s also about your spouse.