Blog

What Is an Ethical Will and Why Do I Need One? | by Rick Law, Elder Law Attorney & Senior Estate Planner in Aurora, IL

An Ethical Will is a letter to your family, loved ones, and descendants about your life.  It is more than just facts. It’s about the things that truly matter to you – your values, beliefs, life stories, and events that have influenced your life or affected you during your lifetime. Answers to questions like “Where […]

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A Sampling of the Valuable Free Seminars hosted by Law ElderLaw’s Elder Care Education & Outreach Program

Throughout the month of January, and across the Chicago suburbs, Rick Law and the Elder Law associates at Law Elder Law presented free seminars for seniors, their families, and healthcare professionals on a wide range of subjects that are important to those who want to age with dignity. Check out our calendar by CLICKING HERE to […]

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Rick Law of Law ElderLaw Speaks at Kane County Forum on Aging & Disability Issues

On December 10th, 2012, Elder Law Attorney Rick Law spoke on “Affordable Healthcare in a Bankrupt State” at the 24th Annual Kane County Legislative Forum on Aging and Disability Issues.  Rick discussed how the Deficit Reduction Act and the SMART Act will impact access to long-term care for seniors in Illinois. Elder Care resource providers […]

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Diana Law Appointed To Office Of Public Guardian Of Kane County, Illinois

What do you do when you’re not busy helping seniors and their families at a bustling western suburban elder law office?  The answer is simple – add yet another spoke to your philanthropic wheelhouse just as elder law attorney Diana Law of Law Elderlaw in Aurora, IL has done. Law, a managing partner of Law […]

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Indexed Annuities, Hybrid Annuities and The Senior Estate Plan | by Rick Law, Elder Law Attorney & Estate Planner in Chicagoland.

One annuity product under fire has been the equity indexed annuity. Equity indexed annuities are those annuities that have their returns based upon the performance of an equity market index such as the Dow Jones, the S&P 500 or the NASDAQ. With these products, the investor’s principal investment is protected from losses in the equity […]

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Variable Annuities for Retired Seniors | by Rick Law, Elder Care Attorney in IL

In contrast to fixed annuities, variable annuities provide the opportunity for market appreciation through a variety of investment options, with tax-deferred accumulation as well as future income. Factors to consider when shopping for variable annuities are:  Fees  Fund choices  Surrender charges Financial strength of the issuing company Compare the variable annuity fund choices available as […]

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Fixed Annuities and The Retired Senior | by Rick Law, Elder Law Attorney & Senior Advisor in Aurora, IL

Fixed Annuities are investments issued by insurance companies that are primarily geared toward retirement savings, promising the investor a fixed series of payments for a predetermined length of time. Not all fixed annuities are the same, so investors must compare one fixed annuity with another in a couple of key areas. First, there are two […]

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Annuities and Asset Accumulation for Retirees | By Rick Law, Senior Estate Planner & Elder Law Attorney in Illinois.

Most retirees have finished accumulating assets and now must turn those assets into an income stream. Converting assets into income helps retirees move from an accumulation mindset to an income mindset – which is essential. Not long ago, people would work their entire lives for just one employer and that employer would provide a pension […]

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Variable Annuities For Retired Seniors.

By Rick Law, Elder Care Attorney in IL In contrast to fixed annuities, variable annuities provide the opportunity for market appreciation through a variety of investment options, with tax-deferred accumulation as well as future income. Factors to consider when shopping for variable annuities are: fees fund choices surrender charges financial strength of the issuing company. […]

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Fixed Annuities And The Retired Senior.

By Rick Law, Elder Law Attorney, and Senior Advisor in Aurora, IL Fixed Annuities are investments issued by insurance companies that are primarily geared toward retirement savings, promising the investor a fixed series of payments for a predetermined length of time. Not all fixed annuities are the same, so investors must compare one fixed annuity […]

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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