In this Elder Law Minute, Wes Coulson discusses the advantages of pre-planning for Medicaid or VA Benefits. Transcript: If you’ve listened to very many of our other videos or looked around our website, you probably know that we tell people that the wisest thing in terms of planning to protect your life savings from long […]

In this Elder Law Minute, Wes Coulson discusses the difference between revocable and irrevocable trusts. Transcript: I want to talk to you today about the differences between revocable and irrevocable trusts. Let’s start with a basic. If a trust is revocable, that means that the person who established that trust can change it, or get […]

In this Elder Law Minute, Wes Coulson discusses the differences between warranty deeds and quitclaim deeds. Transcript: I’m going to talk about a subject today that’s really sort of real estate law, but since people who have estates and people who do long-term care planning tend very often to own real estate, most particularly the […]

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 […]