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Medicare’s Limitations
Aug 11, 2014
By Rick Law, Estate Planning Attorney at Law Elder Law in western suburban Aurora, IL. At the time Medicare was established, it marked a major shift in society’s view of who should carry the cost of providing medical care for senior citizens. Medicare is the federal health insurance program that is provided on behalf of persons who […]
Is Medicare a Right or a Privilege?
Aug 10, 2014
By Elder Law Attorney Rick Law of the Estate Planning Center at Law Elder Law in Chicagoland. Many U.S. citizens assume that Medicare is their right. They assume that the health reimbursement program that is provided by the United States government has always been there and always will be. But this is not the case […]
Covering the Costs of Long Term Care
Jun 13, 2014
By Rick Law, Senior Advocate and Estate Planning Attorney at the Estate Planning Center at Law Elder Law in West Suburban Aurora, IL. Just off of the I-88 tollway. When an individual is in need of long-term healthcare, people often turn to their own assets or savings to pay for such care. Unfortunately, due to […]
Long Term Care Expenses
Jun 11, 2014
By Rick Law of Law Elder Law. Senior Advocates, Estate Planning, and Elder Law attorneys, in Aurora, Illinois. Those seniors who do need long-term care can face enormous expenses, unless this is properly planned for. And the cost of receiving care, whether that care takes place in a facility or at home, continues to increase […]
Inflation And Lost Purchasing Power
Jun 09, 2014
By Attorney Rick Law of the Estate Planning Center at Law Elder Law in Western Chicagoland. Recent findings in a survey done by the Society of Actuaries (SOA) found that almost 63 percent of older Americans reported that they are not confident that they can save enough to handle the healthcare costs in retirement. In […]
The Elder Care Journey
Jun 07, 2014
By Rick Law of Law Elder Law. Serving Seniors, Boomers, and Their Families in West Suburban Aurora, IL Just off the I-88 tollway. The “Elder Care Journey” is a continuum of possible care needs that get more intense as the journey progresses. Typically, the journey progresses as follows: Healthy, vigorous senior – Most of today’s […]
Smoke in the Kitchen!
Jun 05, 2014
By Rick Law, Senior Partner, Law Elder Law LLP The distinctive benefit of elder law estate planning compared with traditional death-tax-centered estate planning is this: elder law estate planning deals with the biggest threat to seniors’ wealth and healthcare while they are still alive. This threat is staggeringly expensive, unreimbursed medical expenses. Every day at […]
Serving Seniors and Those Who Love Them
Jun 04, 2014
By Rick L. Law, lead attorney, Law Elder Law estate planners. Law Elder Law, LLP is dedicated to serving seniors and those who love them in the Chicagoland area. We are your trustworthy guides for the elder care journey. We deal daily with the complicated maze of Medicaid, estate planning, taxation, long term care planning, special needs trusts, and veteran’s […]
New Partner Announcement!
Jun 02, 2014
By Rick Law of the Estate Planning Center at Law Elder Law. Conveniently located Just west of the Chicago Premium Outlet Mall. Law Elder Law is pleased to announce our new partner, Zach Hesselbaum, J.D., LL.M. Taxation. Zach’s favorite things, mentioned here according to their priority, include spending time with his wife, Kelly, who […]
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Law Elder Law helped with all of it! From the minute we walked out of our first meeting, we knew we (and he) were in good hands. We could not have possibly navigated all that had to be done without their expertise.”
A.M., Client of Law Hesselbaum and Law Elder Law