An attorney must understand how taxation interplays with elder care planning strategies. In this session, attendees will learn about various tax issues that practitioners should consider when drafting and administering trusts or navigating the estates of elder law clients. Learning objectives include the following: 

• Analyzing planning pitfalls that attorneys may encounter when engaging in a seemingly good estate plan  
• Discussion of income, estate, and gift tax considerations
• Review of cost-basis, capital gain, and exemption issues pertinent to elder law