b"Moss & Barnett legal professionals offer counsel that delivers results for our clients. Below are examples of how Mary Meet Our Team Frances has achieved positive outcomes for families facing health challenges, disability, and aging. All names are fictitious, and the facts of each case study are not based on one particular client or case.Our nationally recognized legal professionals serveProtecting Assets and Providing for Children's Education vs. Long-Term Health Care Costs businesses, families, and individuals in Minnesota and beyond. Wed like to introduce you to: Issue: Our clients, Jim and Heather, have been married for 28 years. They have two children ages 16 and 20. Jim works for a medical device company as an engineer, and Heather is a physical therapist. Heather was diagnosed with multiple sclerosis four years ago. She Mary Frances Price has recently been forced to retire and apply for disability coverage. Heather will soon require daily support at home or in assisted living.Challenge: Jim needs to keep working to support the children and pay for college. The couple was referred to us to explore legal Elder Law Attorney planning to develop a plan to find good care for Heather, access resources to help pay for necessary long-term care, and protect assets Practice Area: for Jim and the children.Estate Planning and Wealth Preservation Action: We were able to offer Jim and Heather several legal planning options to meet these goals. The couple decided to pursue a plan Contact: that allowed them to shift all of the marital assets to Jim, including Heathers employer sponsored 401(k) remaining tax-deferred, update lawmoss.com/people-mary-frances-pricetheir estate plan in light of the asset repositioning plan, and apply for a program to help pay for Heathers unreimbursed care expenses.MaryFrances.Price@lawmoss.comResult: Our planning resulted in savings to this family of over $600,000.612-877-5280Caring for an Aging Parent While Also Caring for a Family and Growing a Business Certifications Mary Frances is an experienced VA Accredited Elder LawIssue: Brian, a busy entrepreneur, is married with two kids. Brian and his wife are consumed with a growing business opportunity. Accredited to practice before theAttorney who focuses her practice on serving individuals andHis mother was widowed last year and has been relying on Brian and his family for social opportunities and household maintenance. Department of Veterans Affairs families who are establishing an estate plan, revising an existingRecently, Brian has noticed his mother is showing signs of memory loss. He is also concerned about his mothers driving and need for Admissions estate plan, or dealing with the legal, medical, and financialsupport with financial management. His mother updated her estate plan following the loss of her spouse, and she named Brian as her Minnesota impacts of aging, chronic illness, and disability. Her practiceattorney-in-fact under a power of attorney.Professional Associations includes advising on Medicare, Medicaid, veterans benefits,Challenge: Brian is extremely busy with the demands of his work and family. He cares deeply for his mother and wants to understand Minnesota State Bar Association,long-term care insurance, estate and tax planning, as well ashow to support his mom as her needs are changing. Brian wants to understand resources that can help him address his mothers needs.Elder Law SectionVice Chair, Treasurer,asset protection for families and individuals with disability and and Council Member (2012-present) long-term care expenses. She has counseled and advised hundredsAction:We worked with Brian to review his mothers estate plan to make sure her assets were correctly positioned to avoid probate. of clients on their estate, elder care, and disability plans andWe developed a plan to get a good evaluation of his mothers current medical status and driving fitness, identified bookkeeper services Minnesota State Bar Association,provides effective and ethical legal guidance, helping clients maketo assist Brian with monthly management of his mothers finances, referred Brian to a professional geriatric care manager to be available Probate and Trust SectionFaculty (2012-present) to attend medical appointments with his mother, and developed a plan to pay for his mothers future expenses for assisted living.difficult decisions and navigate the complicated issues that arise Honors & Recognitions when dealing with chronic health challenges, disability, and aging. Result:Brian has a comprehensive plan with professional support to help his mother so that he can focus on being her son and The Best Lawyers in America (2024) Minnesota Super Lawyers (2019-present)Mary Frances is accredited to practice before the Department ofmeeting the demands of his family and work.Minnesota Rising Stars (2012-2015) Veterans Affairs (VA) and counsels and advises veterans and their Board Memberships families on accessing state and federal VA benefits. She draftedPreserving Joint Assets When One Partner Can No Longer Live IndependentlyBoard Member, Mid-Minnesota Legal Aid the chapter on veterans benefits for the Elder Law HandbookIssue: Lois and Ken, ages 84 and 87, respectively, have been married for 60 years and have three adult children. Ken recently suffered a Clerkships published by Minnesota Continuing Legal Education. stroke and was in transitional care/rehab for two months. The stroke left Ken unable to return home safely and he moved to a care facility Honorable Diane M. Hanson,that cost $13,500 per month. The family is worried about how to pay for Kens care but still make sure Lois has resources to live on.Mary Frances is a frequent speaker and community educator on a Minnesota District Court, First Judicial District Court range of estate and elder law issues. Challenge: Kens cost of care threatens to deplete significant assets. Lois is younger and has a family history of longevity. She is Education concerned the assets of the marriage will be depleted paying for Kens care and will leave her without any resources for self-support.William Mitchell College of Law, J.D.Moss & Barnett continues to offer a wide range of civil Purdue University, B.S. legal services. With Mary Frances as part of our team, weAction: Our elder law team was able to put together a plan to reposition assets in Lois name, execute a new estate plan for Lois to are proud to expand the scope of legal services offeredpreserve assets in case she predeceases Ken, fund a Medicaid Qualifying Annuity to protect additional assets for Lois, execute an accurate Community Involvement and effective spend-down strategy to qualify Ken for Medical Assistance, and apply for and get approval for Ken for Medical Assistance.Certified USA Swimming Officialwith the inclusion of Elder Law.4 Board of Review, Minnesota Swimming Result:Our elder law plan resulted in protecting an additional $250,000 in assets for Lois and qualifying Ken for Medical Assistance. 5#"