Asset Protection Planning for Medicaid and Veterans Benefits

Evan H. Farr | Farr Law Firm

In addition to being one of approximately 500 Certified Elder Law Attorneys in the Country, Evan is also a Charter Member of the Academy of Special Needs Planners and one of approximately 100 members of the NAELA Council of Advanced Practitioners, selected for this honor by his fellow practitioners who are members of the National Academy of Elder Law Attorneys. A 4-time BestSelling Author in the field of Elder Law and Estate Planning, Evan is the creator of the Living Trust Plus® Asset Protection Trust and the founder of the Academy of Living Trust Plus® Attorneys, which has over 60 members from around the country. Evan is also the founder and creator of the award-winning blog, Everything Elder Law, where he has written and published over 1,700 original articles bi-weekly since 2005. Evan also holds a Series 65 License, having passed the Uniform Investment Adviser Law Examination, and is the owner of Lifecare Financial Services, LLC.

Evan received his undergraduate degree in Psychology from the University of Pennsylvania in 1984 and his law degree from the College of William & Mary in 1987.

Evan is widely recognized as one of the leading Elder Law, Estate Planning, and Specials Needs attorneys in Virginia, DC, and Maryland, and one of the foremost experts in the Country in the field of Medicaid Asset Protection and related Trusts. Evan has written articles for, been quoted by, or cited as an expert by numerous sources, including: the Estate Planning Journal; Estate, Tax and Personal Financial Planning; Trusts & Estates Magazine; the Washington Post; Newsweek Magazine; Northern Virginia Magazine; The American Institute of Certified Public Accountants, the American Law Institute, and the American Bar Association, and has been featured as a guest speaker on television and numerous radio shows, including Fairfax County TV Channel 16, WTOP Radio, the TV Show Probate Nation, and Washington Post Radio.

Evan has been named by SuperLawyers.com as one of the top 5% of Elder Law and Estate Planning attorneys in Virginia every year since 2007, and in the Washington, DC Metro Area every year since 2008. Since 2011, Evan has annually been regularly named by Washingtonian Magazine as one of the top attorneys in the DC Metropolitan area, by Northern Virginia Magazine as one of the top attorneys in the Northern Virginia area, by Virginia Lawyers Weekly among the “Leaders in the Law”, and by Newsweek Magazine as one of the top attorneys in the country. Evan has also received the highest possible AV-Rating by Martindale-Hubbell since 2012 and has been listed in Best Lawyers in America® every year since 2013.

Evan is a nationally renowned author and frequent educator of attorneys across the U.S. As an expert to the experts, Evan has educated thousands of attorneys across the country through teaching hundreds of hours of Continuing Legal Education (CLE) courses for attorneys through numerous national and statelevel legal organizations such as the National Academy of Elder Law Attorneys, the American Law InstituteAmerican Bar Association, the National Constitution Center, myLaw CLE, the National Business Institute, the Virginia Academy of Elder Law Attorneys, the Virginia Bar Association, Virginia Continuing Legal Education, and the District of Columbia Bar Association. Click here for a listing of all past and current CLE courses that Evan has taught and click here for a listing of all the legal treatises and legal journal articles Evan has authored.

His publications include 4 National Best Selling books in the field of Elder Law: How to Protect Your Assets From Probate PLUS Lawsuits PLUS Nursing Home Expenses with the Living Trust Plus®; the Nursing Home Survival Guide, which provides valuable information and guidance to families dealing with the possibility of nursing home care and struggling to make the best decisions for themselves or their loves ones; and Protect & Defend, which Evan authored along with a host of other top attorneys across the country, and his latest book, Protecting Your Assets from Probate and Long-Term Care: Don’t Let the System Bankrupt You and Your Loved Ones. To learn more about all of Evan’s books, click on the button on the right-hand side of the screen labeled, “Evan’s Books.” Evan has also authored dozens of articles that have appeared in the popular press, and numerous scholarly publications for the legal profession, including two legal treatises published by ALI-ABA and now and available through the American Law Institute: Planning and Defending Asset Protection Trusts and Trusts for Senior Citizens.

Evan has served in numerous leadership positions for local and Statewide Bar Associations and Sections, including: President of the Virginia Academy of Elder Law Attorneys; Chair of the Virginia Bar Association Elder Law Section; Chair of the Fairfax Bar Association Elder Law Section; Co-Chair of the Fairfax Bar Association Wills, Trusts & Estates Section; and Founding Chair of the Fairfax Bar Association Law Practice Management Section.

Using a holistic and proprietary approach, Evan Farr and the Farr Law Firm use a vast knowledge, understanding, and deep respect of the elderly to help their elderly clients and their families preserve dignity, quality of life, and financial security, often by protecting assets in order to become eligible for Medicaid and Veterans Aid and Attendance benefits.

A native of Northern Virginia, Evan enjoys spending quality time with his wonderful wife, Jeannie (who runs the non-legal side of the Farr Law Firm), their children and grandsons, and their menagerie of furry critters.

Evan is also a Reiki Master and is the founder of the non-profit ROSE (Reiki Outreach Services for Elders), whose mission is to bring the gentle healing power of Reiki to Elders in their communities.

I. Assessing clients’ needs – When to start? | 11:00am – 11:15am

II. Five main ways to pay for long-term care | 11:15am – 11:30am

III. Relevant federal statutes | 11:30am – 11:45am

IV. The Medicaid lookback period | 11:45am – 12:00pm

Break | 12:00pm – 12:10pm

V. Uncompensated transfers and penalty periods | 12:10pm – 12:25pm

VI. Medicaid asset protection planning | 12:25pm – 12:40pm

VII. Medicaid eligibility criteria | 12:40pm – 12:55pm

VIII. Medical eligibility | 12:55pm – 1:10pm

Break | 1:10pm – 1:20pm

IX. Medicaid resource eligibility | 1:20pm – 1:40pm

X. Veterans Aid and attendance benefits planning | 1:40pm – 2:00pm

XI. Where Medicare stops and Medicaid begins | 2:00pm – 2:20pm