Seeing a lawyer before a Medicaid application is filed will help in pinpointing problems that can potentially cause a delay in eligibility. Once issues are identified, a lawyer can also help in resolving them to either make them go away completely or, at least, to minimize them. If potential problems are addressed before the Medicaid application […]
Prepaid Funeral Arrangements: The Benefits of Pre-Planning
Planning ahead and prearranging your own funeral, burial or cremation services may not only offer relief to your family in a time of mourning, but may also help in preserving assets while determining eligibility for government assistance to help pay for your care. In this Elder Law Minute, Wes Coulson, Illinois Elder Law Attorney, discusses […]
When it comes to Long Term Care – When you run out of money, you run out of options
Long Term Care in a nursing home can present a wealth of issues, one of which being financial. With proper planning, the money you may have accessible to you when or if that time comes, will help create more available options for you. In this Elder Law Minute, Wes Coulson, Illinois Elder Law Attorney, explains how planning […]
Funding a Trust: Safekeeping your Assets
What does “funding a trust” mean and why is it so important? In this Elder Law Minute, Wes Coulson gives some insight on why it is vitally important, for the safekeeping of your assets, to transfer ownership of the assets you want in your trust – to your trust. Funding a Trust: Safekeeping your Assets Transcript: […]
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