The WorkLife Series presented by the Faculty and Staff Assistance Program (FSAP), in collaboration with the Department of Aging, continues in March with a two-part program.
The first session, “Estate, Trust, Long-Term Care, Nursing Home and Medicaid Planning Part I: The Basics,” will be held at noon Thursday, March 19, in the Student Health Center at 111 Waverly Ave., in conference room 001 (basement). It will cover basic estate planning and key documents of a solid estate plan: the last will and testament, durable power of attorney, health care proxy and living will. Participants also will investigate the tax and other impacts of beneficiary designations on life insurance policies and qualified retirement plans such as 401(k)s, IRAs, and 403(b)s. The session will conclude with a discussion of the consequences of having (or not having) the appropriate planning documents in place.
The second session, “Estate, Trust, Long-Term Care, Nursing Home and Medicaid Planning Part II: Do You Need a Trust?” will be held at noon Thursday, March 26, in the Student Health Center at 111 Waverly Ave., in conference room 001 (basement). It will provide an overview of how trusts can be used to: protect assets against the costs of long-term care, minimize taxes, reduce the risk that beneficiaries may lose inheritances and provide a source of funds for disabled individuals without jeopardizing their government entitlements. Participants also will discuss different types of trusts (revocable, irrevocable, inter vivos, testamentary, life insurance and supplemental needs), and explore situations in which they may be effective.
The presenter for both sessions is Timothy P. Crisafulli, co-owner of Crisafulli Gorman, P.C., a law firm specializing in trusts and estates, tax law and business law. Crisafulli is an alumnus of the Syracuse University College of Law.
To register for one or both of these sessions, or for more information about the FSAP WorkLife series, visit the FSAP website. (http://fsap.syr.edu/about/programs/)
URL: http://fsap.syr.edu/about/programs/
Contact: Lucille Murphy
FSAP
443-1087
Lumurphy@syr.edu
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