We will kick off the 2009 season with a January 15th breakfast program

The program will be held at Lockkeepers (formerly Dante)

located at 6001 Rockside Road

Speakers:

Daniel P. Seink, Esq.
Mary T. Lavelle, CPCU, LTCP, CLTC

The presentation is designed to provide the financial advisor with an understanding of the Deficit Reduction Act of 2005 as it relates to the expansion of Long-Term Care Partnerships and Medicaid.

Deficit Reduction Act of 2005

Overview: The Deficit Reduction Act of 2005 (DRA ‘05) was signed by the President in February 2006. The federal government estimates that the Medicaid provisions of the DRA ‘05 will reduce federal spending by $6.9 billion over the next five years. The Medicaid provisions of the DRA make significant changes in a number of areas.

Through the DRA ‘05, the Congress has made significant changes to the rules that states must follow in extending eligibility for Medicaid; it has altered the role of Medicaid as the primary long-term care provider with the expectation to shift long term care expenses to private long-term care insurance. The changes represent an effort to limit the federal and state financial obligation. How effective the states are in limiting public financing of long-term services for low-income Americans has not been determined.


Daniel P. Seink, Esq.
Founder and managing partner Daniel P. Seink is certified as an Elder Law Attorney by the National Elder Law Foundation, which is accredited by the American Bar Association and the Supreme Court of Ohio Commission on Certification of Attorneys as Specialists. He devotes his practice primarily to those issues uniquely affecting the elderly, the disabled and their families. Attorney Seink is a member of the National Academy of Elder Law Attorneys, the Estate Planning, Trust and Probate Section of the Ohio State Bar Association, and sits on the Elder Law Committee for the Ohio State Bar Association. Mr. Seink volunteers as a speaker for the Alzheimer's Association and is a frequent lecturer to legal, financial, health and tax professionals.  An honors graduate of the Cleveland-Marshall College of Law, and John Carroll University, Mr. Seink also served for three years as a staff attorney for the State of Ohio Court of Appeals.

Daniel P. Seink, Esq.
8180 Brecksville Road #109
Brecksville, OH 44141
Phone: 440-546-0483
Email: dpsesq@ameritech.net
Website: OhioElderLaw.com

Mary T. Lavelle, CPCU, LTCP, CLTC
Specializing in long-term care planning for individuals and corporations, Mary has over 25 years experience in the insurance industry.  She holds the professional designation of Chartered Property Casualty Underwriter, Long Term Care Professional and Certified in Long Term Care.

Mary is a featured speaker at educational seminars attended by the public, financial advisors, insurance professionals, accountants and attorneys. Attendees learn about the risk of long-term care, the impact a care event can have on families, how a long-term care risk can devastate retirement plans, what are the options available to address the long-term care risk, contract analysis, and the tax deductibility of long-term care insurance premiums.

Mary T. Lavelle, CPCU, LTCP, CLTC
J.L. Thomas & Company
1500 Chester Avenue
Cleveland, OH 44114
Phone: 216-241-2300
Email: Lavelle@jlthomasco.com
Website: JLThomasCo.com