Elizabeth Forspan, Esq., of Forspan Klear LLP, will give an update on Medicaid and elder care planning in 2020. She will devote a significant portion of the lecture to the new significant changes to New York’s Medicaid Home Care Program, including the new 30-month lookback on transfers. Elizabeth will also discuss how COVID-19 has impacted Medicaid and elder care planning and what CPAs, accountants, and financial advisors need to know to best assist their clients with proper planning.
Learning Objectives:
Elizabeth Forspan is the Managing Attorney of the law firm Forspan Klear LLP. Elizabeth’s areas of practice include Elder Care Planning, Estate Planning, and Taxation. She regularly helps clients achieve their Medicaid Planning goals in a tax-efficient manner through practical and considerate planning techniques.
Elizabeth often lectures on various aspects of Elder Care Planning, Tax Law, and Estate Planning. Elizabeth recently lectured on the Income Taxation of Trusts and Estates for the National Business Institute and Key Elder Care Planning Issues for the New York State Society of CPA’s Annual Estate Planning Conference in New York City. Elizabeth has also written and lectured extensively on the topic of Casualty Loss Deductions. Elizabeth co-authored the award-winning cover article for the February 2013 edition of the CPA Journal entitled “Casualty Losses for Property Damaged by Hurricane Sandy.” In June of 2014, Elizabeth was the recipient of the prestigious Max Block Award for Outstanding Article in the Category of Technical Analysis, awarded by the New York State Society of Certified Public Accountants’ CPA Journal for her article on casualty losses.