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 […]
Common Estate Planning Mistake #13: Failing to make proper provisions for special needs family members
Special Needs family members require and deserve special provisions made for them in a family estate plan. Unfortunately, it is very common for people to either make provisions for them in an incorrect or incomplete way, or worse yet, not provide for them at all. In this Estate Planning Minute, Wes Coulson, Illinois Elder Law attorney, […]
See a Lawyer First: Potential problems can be addressed before a Medicaid application is filed
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 […]
Common Estate Planning Mistake #12: Failing to fund a Living Trust
Unfortunately, all too often, the common mistake we see in estate planning is the failure to fund a living trust. Funding is the step in transferring ownership of assets into the living trust. It’s not enough to simply have a living trust, if you fail to fund a living trust you risk losing those assets. In this Estate […]
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