In this Elder Law Minute, Steven Milburn explains trust funding, why assets must be transferred into a trust, and how failing to fund a trust can undermine your estate plan. Introduction Hi, my name is Steven Milburn and I’m a senior associate attorney here at Dent Coulson Elder Law. These Elderlaw minutes are intended to […]
Why Your Kids Need More Time Than Stuff
In this Elder Law Minute, Kaye DeSelms Dent explains why simplifying your belongings and giving meaningful items away during your lifetime can be an important part of estate planning. ? Introduction Hi, I’m Kaye DeSelms Dent with Dent Coulson Elder Law here with an elder law minute for you. These videos are intended to educate […]
Medicaid Penalty Periods Explained: What Is an Unallowable Transfer?
In this Elder Law Minute, Steven Milburn explains Medicaid penalty periods, unallowable transfers, and how certain exemptions may help protect eligibility for long-term care benefits. ? Medicaid Penalty Periods Today we’re going to talk about uh unallowable transfers which result in penalty periods for Medicaid long-term care. How Illinois Reviews Transfers uh if you’ve applied […]
Small Business Week – Why Would I Need A Buy-Sell Agreement?
Business Owners Need Succession Plans For business owners, planning for the future means more than growth—it means protection. One of the most effective tools for ensuring continuity is a buy-sell agreement. Many of our clients are business owners. Although these businesses tend to be successful, we have found that many of the owners do not […]
Statute of Frauds Real Estate Illinois
In this Elder Law Minute, Kaye DeSelms Dent explains the statute of frauds and why real estate transactions must be in writing to be legally enforceable. Statute of Frauds in Illinois Real Estate Hi, I’m Kaye DeSelms Dent with Dent Coulson Elder Law here with an elder law minute for you. These videos are intended […]
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