Can the Nursing Home Control What I Charge for Rent? A Farmer’s Guide to Understanding the Hidden Traps when trying to Protect Assets

Join us as we uncover the most common mistakes farmers make when trying to protect their assets from long-term care costs.  We will discuss tax consequences, irrevocable trust pitfalls, gifting issues, rental and family arrangements that trigger Medicaid penalties, and more.  Learn about asset protection strategies that actually work and avoid the hidden traps that can bite even the most well-intentioned family. 

Presenters:

• Jayna Voss is a fellow in the American College of Trust and Estate Counsel, she is an Accredited Estate Planner® awarded by the National Associate of Estate Planners & Councils; she has an AV Preeminent® peer rating from Martindale-Hubbell; has been recognized in Great Plains Super Lawyers where only 5% of attorneys in South Dakota earn Super Lawyers® status; and she is recognized in The Best Lawyers in America® in the field of trusts and estates. Jayna has gone through the educational process of the certified value growth advisors and certified exit planner advisors for competently advising family and privately held businesses on increasing business value and succession planning.
• Bobbi Thury is known for asset protection planning. She is a board-certified Estate Planning Law Specialist by the National Association of Estate Planners & Councils as well as an Accredited Estate Planner®. She has been recognized in Great Plains Super Lawyers where only 5% of attorneys in South Dakota earn Super Lawyers® status and recognized in The Best Lawyers in America® in the field of trusts and estates. Bobbi is also the first Board-Certified Elder Law Attorney in South Dakota certified by the National Elder Law Foundation. Bobbi has gone through the educational process of the Certified Value Growth Advisors and Certified Exit Planner Advisors for family and privately held businesses on increasing business value and succession planning.