2024 Estate and Financial Planning for the Older Client

Overview

Enter the complex world of elder planning with this comprehensive course tailored for financial professionals. Gain invaluable insights into estate and financial strategies designed specifically for older clients, equipping you with the knowledge and skills to address their unique needs and challenges.

Throughout the course, participants will explore a wide range of topics, from understanding the complexities of Medicare and various life insurance types to navigating Social Security considerations and exploring Medicaid planning details. With a focus on practical application, attendees will learn to customize estate planning strategies, explore housing and care alternatives, and address gifting complexities relevant to older clients. By the end of the program, you'll develop expertise in executing specialized planning requirements for mature clients, ensuring you're well-prepared to provide informed counsel and support in this important aspect of financial practice. Join us and enhance your knowledge in estate and financial planning for the older client today.

Highlights

Medicare and Health Insurance Options
Life Insurance Strategies for Elders
Social Security Planning Considerations
Medicaid Planning and Trusts
Retirement Account Optimization Techniques
Tailored Estate Planning for Older Clients
Long-Term Care and Housing Alternatives
Gifting Strategies in Estate Planning
Unique Financial Challenges of Aging Clients

Prerequisites

None

Designed For

CPAs, EAs, attorneys, financial planners, insurance agents, and bankers

Objectives

Describe key elements of estate planning for older clients
Identify different types of life insurance and their relevance to elder clients
Recognize the nuances of Medicare and its implications for financial planning
Discuss Social Security considerations in the context of retirement planning
List strategies for Medicaid planning and their interaction with trusts and annuities
Explain the use of Roth and other IRAs in financial planning for older clients
Discuss estate planning techniques tailored to the specific needs of mature clientsExplore housing and care alternatives for older clients' long-term needs
Apply gifting strategies suitable for older clients in estate planning
Assess and address the unique challenges and considerations in financial planning for older clients