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 […]
Asset Preservation Planning and Adult Special Needs Children
Parents with adult special needs children may have put a plan in place to make sure their special needs children are taken care of after they pass away, but they may not have addressed the critical question: “Is there going to be any money left to provide for my adult special needs child after I […]
What you will learn at our free Workshops
The single, biggest threat to your ability, as an older person, to leave an inheritance to your family is long-term care costs. So how can you protect your life savings? Our free and highly informative workshops offer insights on just that! In this Elder Law Minute video, Wes Coulson, Illinois Elder Law attorney, discusses Medicaid; the five-year […]
The Illinois Office of the Inspector General: Think of it like the Spanish Inquisition
The Medicaid application process should be a neutral administrative process, but unfortunately, with the Illinois Office of the Inspector General (OIG) it is not. Likening the process to the Spanish Inquisition may seem severe, however with a person’s long-term care future at stake, this caution is fundamental. The five-year look back is a process that should […]
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