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Investment Basics For Your Journey: What is an Annuity?
Dec 27, 2013
By Rick Law, Elder Law Attorney and Founding Partner at Law Elder Law in Western Chicagoland. Annuities are among the most misunderstood investments. Annuities are investment contracts. They are not equity investments like stock. They are not debt investments like bonds. They are contractual agreements between an insurance company and the purchaser. These contracts are […]
Put A Tiger In Your Tank For The Retirement Ride
Dec 24, 2013
By Rick Law, J.D., Elder Law Attorney and Senior Advocate at Law Elder Law in Aurora, IL. One of the biggest challenges of planning for retirement is predicting longevity. People are living much longer than they did even just a few decades ago. In fact, 50 percent of men who turned 65 in 2010 will […]
Understanding What You Have And How Much You’ll Need
Nov 28, 2013
By Rick Law, Elder Law Attorney and founding partner of Law Elder Law in Aurora, Illinois. Our good friend Matt Zagula, a nationally known author and respected financial advisor, asks this starter question: “What is your money for?” In other words, what basic goals do you have for your savings and the assets you have accumulated? […]
Why You Should Care What Rick Law Has To Say About Protecting You, Your Lifestyle, And Your Retirement Assets
Nov 26, 2013
By Rick Law, Estate Planning Attorney and Senior Advocate in the Western suburbs of Chicago During any calendar year, I and my team at Law Elder Law in Aurora, IL work with at least 500 singles and couples, ranging from healthy, vigorous, Vietnam-War-era baby boomers and younger, to the fragile remaining elders of the Depression […]
About The Lawyer: Who Is Rick Law, And What Is Law ElderLaw all About?
Nov 23, 2013
Rick L. Law, J.D., is the founder and managing partner of Law Elder Law, LLP, a firm dedicated to being advocates for the frail and elderly. The company has become the number one law firm in the state of Illinois in serving seniors and those who love them. Baby boomers, retirees, mature seniors and frail […]
Medicare vs. Medicaid: Most Seniors (and Most People) Don’t Know the Difference!
Nov 21, 2013
We elder law estate planners often hear people talk about someone that they believe is receiving nursing home assistance from Medicare. In reality, it is Medicaid. It is very important for seniors and their advisors to understand the difference between these programs. Created in 1965, the Medicare program was designed to “keep seniors from being […]
A testimonial: “I would highly recommend Law ElderLaw to anyone”
Nov 19, 2013
Our pledge is simple: We will do everything possible to give our clients peace of mind! We deeply appreciate testimonials from our clients, and want to share a recent letter with you: My sister-in-law and I first contacted Law Elder Law when we realized my mother would need permanent nursing home care for her rapidly […]
Inflation and Lost Purchasing Power
Oct 28, 2013
By Estate Planning attorney Rick Law of Law Elder Law. Serving Chicagoland’s seniors, retirees, and their families. Recent findings in a survey done by the Society of Actuaries (SOA) found that almost 63% of older Americans reported that they are not confident that they can save enough to handle healthcare costs in retirement. In fact, […]
“The Elder Care Journey” By Rick L. Law
Oct 25, 2013
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 seniors are active, much more so than in years gone by. Several decades ago, you were not apt to see seniors playing tennis, running […]
ProtectYour Vulnerable, Disabled, or Self Destructive Adult Child with the Right Kind Of Trust
Oct 22, 2013
By Attorney Rick Law, Senior Estate Planner and Elder Law Attorney in West Suburban Aurora, IL Often, as we meet with clients, it becomes clear to us that they are concerned about what will happen to their vulnerable loved ones. They may be worried about their adult child who has been physically or mentally disabled […]
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