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Protecting Your Loved Ones From Unnecessarily High Funeral Expenses
Jun 02, 2014
By Rick Law, Senior Advocate and Estate Planning Attorney of Law Elder Law in Aurora, IL. A family friend once told me about the trouble he was having with his mother-in-law’s funeral and subsequent burial expenses. Though the couple had long ago purchased a burial plot, and the husband had been laid to rest there […]
What Happens When Mom and Dad Deed their Home To Adult Children?
Jun 02, 2014
By Rick Law, Estate Planning Attorney for Seniors and Boomers in Chicagoland. One common mistake we see is when the home of the senior is transferred to an adult child or children. This occurs sometimes when the parent suddenly becomes ill and the children panic. They transfer the home in an attempt to protect the […]
My Estate Is In Probate, Now What?
Apr 07, 2014
By Rick Law, Estate Planning Attorney serving Aurora, Oswego, Montgomery, Naperville, and the surrounding suburbs. Once an estate is in probate, it becomes public. All the documents in the probate file, including the assets in the estate and the names and addresses of the heirs are available to the public. Anyone can go to the county […]
Probate Myth Number 1: If I have A Will, My Estate Won’t Go Through Probate….
Apr 05, 2014
By Rick Law, Estate Planning Attorney at Law Elder Law in Aurora, IL, right off the I-88 Tollway. I am not sure how this urban legend came to be, but somehow most people think that if you have a will, your estate will not have to be probated. However, this is not the case. Probate is the […]
Giving Gifts Can Be Hazardous To Your Health!
Apr 02, 2014
By Rick Law of Law Elder Law, Estate Planning and Elder Law Attorney in Western Chicagoland It is no secret that senior citizens are the wealthiest segment of the U.S. population. Much has been written and said about the trillions of dollars that will “change generational hands” as the current seniors pass their wealth to […]
Mom’s Not Going To Be Happy!
Mar 31, 2014
By Rick Law, Estate Planning Attorney and Founder of the Estate Planning Center At Law Elder Law outside of Chicago, IL. Serving families in Naperville, Geneva, Batavia, Aurora, Oswego, Montgomery, and many more. Not very long ago, the estate tax was imposed on most middle-class estates. The standard and routine way to reduce or eliminate […]
Revocable Living Trusts (also known as Living Trusts) Are Not Asset Protection Trusts
Mar 27, 2014
By Senior Advocate and Estate Planning Attorney Rick Law of Law Elder Law. There are three distinct roles created by a trust document; the trustmaker, the trustee and the beneficiary. The trustmaker is the person who creates the trust, which is rulebook that controls the trust assets. The trustee is the person chosen to manage […]
Sweetheart Wills
Mar 24, 2014
By Attorney Rick Law of the Estate Planning Center at Law Elder Law in Aurora, Illinois. When thinking about estate plans, most people imagine only a will, and their will reads like this: “When I die, I leave everything to my sweetheart. If my sweetheart dies before me, then I leave everything equally to my wonderful […]
The Estate Planning And Elder Law Attorney
Feb 27, 2014
By Rick Law of Law Elder Law in West Suburban Aurora, Illinois, just off the I-88 tollway. The elder law attorney provides legal advice and counsel to seniors so they can protect their home, their loved ones and their independence. Just as a tax attorney advises clients how to arrange their financial affairs to provide […]
Our Reviews
“Everyone in the office was absolutely wonderful to work with whether on the initial set-up of the trust, adjustment to such following my father’s passing, or processing of his home sale and proceeds.
They genuinely care for your family’s well-being and walk you through each step of the process. They are also exceptionally responsive even when parties involved live in different locations.
This is a definitely a team you can trust and one I highly recommend.”
W.W., Client of Law Hesselbaum