Basics of estate planning - Wills, Power of Attorneys, Advance Directives, etc , and “Asset Protection”, Parts 1 & 2. 

Estate planning?  Elder law?  Living will or a trust? Power of Attorney? How much life insurance?  Nursing home costs?
Asset Protection?  What does all of this really mean for me?
 
Are you or a loved one facing decisions regarding long term, out of home placement? Exploring options for long term care is confusing and complicated. It is difficult to understand what acronyms like ACF, ALP, ALR, EALR, and SNF really mean.
You are invited to come and join us at First Baptist Church of Owego, corner of Church & Main Street on Sunday, July 30, 2017 at 11:30am; we will welcome Amanda L. Giannone & Sandra E. Malkin for Session #1 -  these representatives from Levene, Gouldin & Thompson, LLP will help explain some of these obstacles and how to overcome the unknown.
 Session #1 and Session #2; July 30th and August 6th
Basics of estate planning for example Wills, Power of Attorneys, Advance Directives, etc , and “Asset Protection”, Parts 1 & 2. 
“Elder law planning essentially involves the beneficial use and efficient transfer of your assets.  How do you maximize their value to you?  How do you get them to go where you want rather than where someone else wants?  Thus the discussion involves protecting your assets from various threats to your plans.  For each threat, we will discuss the seriousness of the threat and the arsenal of legal weapons at your disposal. 
These include traditional tools like Wills, Powers of Attorney, Health Care Proxies, and Living Wills, but will include others as well.  For example, when would some type of trust help me?  When should I nominate a guardian? Should I transfer my home to my kids? 
ASSET PROTECTION ISSUES
THE POTENTIAL threats to Assets:
· Incapacity
· Long term care costs
· Distribution of Estate and Disabled Child
· Taxes (Estate and Income)
· Probate
· Creditors
Session #3; August 12th
“The last segment will discuss the variety of levels of care available for those seeking long term care as well as how they are paid for.  A brief discussion regarding the current issue of Outpatient Observation Status and how it impacts your hospital charges as well as transition to a Rehabilitation Facility will also occur.”