Having an asset preservation plan in place can give you the peace of mind that you are protecting your property and life savings from long-term care costs. Last week, we discussed whether or not asset preservation planning was legal and while we came to terms with the legality of asset preservation planning, what about the […]
Alzheimer’s and Unpaid Family Caregivers
People with Alzheimer’s are generally surrounded by loved ones who provide a tremendous amount of care. Statistics tell us that if these family members were paid for providing this care, it would add up to billions of dollars a year. The fact that it is unpaid is unfortunate for a number of reasons. In this Elder […]
Is adding someone’s name to your accounts an okay substitute for a Power of Attorney for Property?
There is a common misconception that adding someone’s name to your accounts provides similar benefits that a Power of Attorney for Property does. Plain and simple, it does not and is not an okay substitute. A Power of Attorney for Property will provide more powers and may even, as you will see in this video, protect your money […]
Alzheimer’s and Driving
The struggles of approaching changes to routine functions are difficult for anyone, but with a loved one who has Alzheimer’s, the encounter can also become a sensitive area of discussion. There can be many day-to-day adjustments for people with Alzheimer’s and driving skills is just one of those sensitive areas that may need to be addressed […]
Arbitration Clauses in Nursing Home Admission Contracts: New Rule Nov. 28, legal challenge
Arbitration clauses are common in nursing home admission contracts. However the government announced a new regulation, which is scheduled to take place on Nov. 28, 2016, declaring in most situations these arbitration clauses will be unenforceable. In this Elder Law Minute video, Wes Coulson, Illinois Elder Law attorney, discusses the new rule taking effect Nov. 28, the legal […]
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