In this Elder Law Minute, Wes Coulson discusses the most common reason for Illinois Medicaid application denial. Transcript: What do you think is the single most common reason for the denial of a Medicaid application in Illinois? I’ll be whatever you’re thinking, you’re probably wrong, because what it actually is, is failure to provide necessary […]

In this Elder Law Minute, Wes Coulson discusses a common misconception regarding gift tax Transcript: I want in this video to clear up a very common misconception about gift tax. I can’t count the number of times that I’ve had people say, “well, I can’t give away more than $10,000 a year,” which by the […]

In this Elder Law Minute, Wes Coulson discusses the importance of understanding Medicaid and returned gifts. Transcript: As you may already know, especially if you’ve watched any of our videos, Medicaid imposes what’s called a transfer penalty for any gifts or other transfers for less than fair market value of property that have occurred within […]

In this Elder Law Minute, Wes Coulson discusses hospice and what hospice election means. Transcript: Today I want to talk to you about hospice and understanding what hospice election means. When they talk about going on hospice, what they’re really talking about is making a decision to not have what’s called “curative care,” things that […]

In this Elder Law Minute, Wes Coulson discusses what a will doesn’t cover, and how to best prepare your estate plan. Transcript: I want to talk to you today about what your will doesn’t cover. I think this is something important for you to know because in a lot of cases people will think they’ve […]