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Wispact Update 2020

Product ID: CA2996D
Presented By: State Bar of Wisconsin PINNACLE

In an effort to reduce transmission of COVID-19, the in-person attendance option for this seminar has been canceled. Webcast and CLE OnDemand options will still be available.

Co-produced with Wispact, Inc. and the Elder Law and Special Needs Section of the State Bar of Wisconsin

Special info on special needs trusts

Special Needs Trusts (SNTs) are a vital source of income and security for the elderly and persons with disabilities. Your clients depend on you to provide adequate support.

Wispact, Inc., the Elder Law and Special Needs Section, and State Bar of Wisconsin PINNACLE® have joined together to keep you current on the latest changes in SNTs and provide strategies for effectively maintaining them at Wispact Update 2020. Hear from the pros on:

  • Updates to the Social Security Administration Program Operations Manual System (POMS)
  • How the Department of Housing and Urban Development (HUD) treats SNT distributions
  • Best practices for disability applications and denials
  • Wisconsin Uniform Trust Code trustee requirements
Read More ↓

Sponsored By

Interested in sponsoring this program? Find out more.

Select a Format

OnDemand seminar

Pricing

Member $259.00

Non-Member $339.00

Credits

7 CLE

Credits are no longer available for this OnDemand program.

Quantity:
Maximum quantity must be less than or equal to 1.

In an effort to reduce transmission of COVID-19, the in-person attendance option for this seminar has been canceled. Webcast and CLE OnDemand options will still be available.

Co-produced with Wispact, Inc. and the Elder Law and Special Needs Section of the State Bar of Wisconsin

Special info on special needs trusts

Special Needs Trusts (SNTs) are a vital source of income and security for the elderly and persons with disabilities. Your clients depend on you to provide adequate support.

Wispact, Inc., the Elder Law and Special Needs Section, and State Bar of Wisconsin PINNACLE® have joined together to keep you current on the latest changes in SNTs and provide strategies for effectively maintaining them at Wispact Update 2020. Hear from the pros on:

  • Updates to the Social Security Administration Program Operations Manual System (POMS)
  • How the Department of Housing and Urban Development (HUD) treats SNT distributions
  • Best practices for disability applications and denials
  • Wisconsin Uniform Trust Code trustee requirements
Read More ↓

Sponsored By

Program Chairs

Andrew G. Falkowski
Falkowski Law Firm, LLC
West Bend

Eric DeGroot
Wispact, Inc.
Madison

Presenters:

Kimberly Cunningham
Capital First Trust Company
Milwaukee

Jon Fischer
McCarty Law, LLP
Appleton

Bradley J. Frigon
Law Offices of Bradley J Frigon, LLC
Englewood, Colorado

Roy W. Froemming
Froemming Law Office
Madison

Peter E. Grosskopf
Grosskopf Law Office, LLC
Eau Claire

Kevin Hayde
Wispact, Inc.
Madison

Mark T. Johnson
Johnson Teigen, LLC
Fitchburg

Ron J. Konkol
Ron Konkol Consulting
Madison

Kristen M. Lewis
The Bowden Law Firm, LLC
Atlanta, GA

Chantelle M. Ringe
Hill Glowacki, LLP
Madison

Meghan M. Teigen
Johnson Teigen, LLC
Fitchburg

Peter J. Wall, Director of Fiduciary Services
True Link Financial
Golden, CO

8:00 a.m. : Registration

8:30 a.m. : Overview of Wispact & Introduction to New Trustee, True Link Financial, and Capital First Trust Company

Kimberly Cunningham, Bradley J. Frigon, Kevin Hayde, Peter J. Wall

9:10 a.m. : Third-Party Special Needs Trusts: Drafting and Administration Considerations

  • Understand the “network” of TPSNTs that comprise a comprehensive special-needs plan
  • Analyze TPSNT funding issues
  • Identify the “team of allied professionals” that support the TPSNT beneficiary and trustee
  • Know the options for TPSNT distribution standards

Bradley J. Frigon, Kristen M. Lewis

10:20 a.m. : Break

10:35 a.m. : Annual Case Law Update

  • Current cases impacting special needs trusts
  • Update of statutory changes

Peter E. Grosskopf

11:05 a.m. : Status of SSI POMS Updates & HUD’s Treatment of SNT Distributions as Income

  • Implementation and possible future effects of the 2018 and 2019 SSI POMS changes
  • The risk that all distributions from SNTs will be treated as income for purposes of subsidized housing under HUD policy
  • Likely future treatment of SNTs under proposed HUD regulations implementing the Housing Opportunity Through Modernization Act of 2016 (HOTMA)

Roy W. Froemming

11:50 a.m. : Lunch (on your own)

1:00 p.m. : How to Hack the System: Disability Application Help Before a Denial

  • Wisconsin disability hearing experience
  • Benefits lost while waiting for a denial
  • Application approach & documentation plan
  • Increased payments & healthcare guarantees

Ron J. Konkol

1:55 p.m. : Attorney Toolbox and Options for Third-Party Funds

  • Drafting and planning options for third-party funds
  • Educating clients on planning for someone with special needs who may receive means-tested benefits
  • Proactive planning for third-party funds
  • Tips for trust administration and availability of utilizing other available tools to assist with the optimal use of supplemental funds

Mark T. Johnson, Meghan M. Teigen

2:55 p.m. : Break

3:10 p.m. : Advice and Cautionary Warnings for Non-Corporate Trustees including Special/Supplemental Needs Trusts and Testamentary Special Needs Trusts

  • Helping a trustee understand the terms of the trust, their fiduciary duties, the beneficiaries benefits and needs, and budgeting the trust funds accordingly
  • Guidance and advice to trustees of a trust for a minor and the interplay with parental duty of support
  • Testamentary special/supplemental needs trusts for parents
  • Wisconsin Uniform Trust Code trustee requirements
  • Important tax issues all trustees should be aware of
  • Use of caregivers and various contracting issues that may be involved

Andrew G. Falkowski, Jon Fischer, Chantelle M. Ringe, Peter J. Wall

4:15 p.m. : Program Concludes

Following program start times, webcast replay schedule will vary slightly from above listed times.

  • Learn how to proactively plan for third-party funds
  • Hear ways to help your clients through the disability application and denial process
  • Receive tips for trust administration
  • Know the options for third-party special needs trust distribution standards
  • Elder law attorneys
  • Estate planning lawyers
  • Guardians ad litem for adults
  • Probate attorneys
  • Family lawyers

Book Sale – Save 20%

Advising Older Clients & Their Families

Save 20% on Advising Older Clients & Their Families .* Plus, all seminar attendees receive a free two-week trial of the Books UnBound® version. This two-volume set explains the cases, statutes, and regulations governing important issues for elderly individuals, including housing, asset protection, health care decisions, Medicaid eligibility, and Social Security benefits.

Use discount code CA2996 when you order online or by calling (800) 728-7788.

*Discount applies to both print and digital Books UnBound editions of this title and cannot be applied to previous purchases. Offer valid as long as CLE credit is available for this program. For Books UnBound users, discount may be applied to purchase of individual Books UnBound title only and may not be used on purchase of full library.

Wisconsin Pooled & Community Trusts, Inc. (Wispact) provides for the special needs of persons with disabilities without endangering their eligibility for public benefits or placement on waiting lists. These benefits include entitlement programs such as Supplemental Security Income, Medical Assistance, Social Security Disability Insurance, and Medicare. The benefits also include home and community-based services, such as the Community Integration, Options, and Support Programs. Wispact, Inc., a Wisconsin nonprofit corporation, establishes and manages the trusts.

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