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Annuities And Asset Accumulation For Retirees.
Mar 19, 2013
By Rick Law, Senior Estate Planner and 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 usually would work their […]
Avoiding Powerless Powers Of Attorney.
Mar 18, 2013
By Rick Law, Senior Estate Planner in Chicago, IL Almost every month of the year, I am invited to teach other lawyers at a continuing legal education forum. The typical invitation comes from either a county bar association or a national legal organization. My most requested class is entitled “Elder Law for Every Lawyer.” In that […]
The Legal Potholes For Seniors Getting Married.
Mar 17, 2013
By Rick Law, Elder Care Attorney in Aurora, IL In the Disney classic movie Bambi, when spring arrives, the adolescent Bambi notices that all of his male friends are becoming enchanted by young females of the same species. When Bambi asks the wise old owl what is wrong with them, he is grumpily told, “They […]
The Benefits And Limitations Of Traditional Long Term Care Insurance.
Mar 16, 2013
By Rick Law Elder Care Attorney in the Western suburbs of Chicago, IL When planning for the unexpected, long-term care insurance should not be overlooked. This type of protection should be considered not only for its ability to pay for care services, but more so to protect and preserve assets. Long-term care insurance protects assets, […]
Don’t Be Surprised By “Unexpected” Long Term Care Expenses.
Mar 15, 2013
By Rick Law. Senior Estate Planner in Chicago, IL As much as we all hate to admit it, there will come a time when it is likely that we will need assistance in doing even some of the most basic daily living activities. In fact, in many cases, clients can more easily come to grips […]
What The Advice Of A Qualified Senior Estate Planning Attorney Could Mean For You.
Mar 14, 2013
By Rick Law, Elder Law Attorney and Senior Advocate in Western Chicagoland, Illinois. The elder law a!orney provides legal advice and counsel to seniors so they can protect their home, their loved ones and their independence. We counsel clients so that they know the law. Just as a tax attorney advises clients how to arrange […]
Growing Old And Retiring – A Woman’s Plight.
Mar 13, 2013
By Rick Law, Estate Planner and Attorney in Chicagoland. You may have heard this statistic before, and it has remained relatively accurate through the years… Women will outlive their spouses by an average of five to seven years. Women are at a greater risk than they realize of not having enough money after their husbands […]
Long-Term Care: Unexpected Illness Should Be Expected.
Mar 12, 2013
By Rick Law, Elder Care Attorney in Chicagoland. As baby boomers, we saw our grandparents die of heart attacks, strokes, industrial accidents, agricultural accidents, and other “quick death” causes. When we were young, our peers died of unexpected illnesses and accidents. Now we’re grandparents! As we look back over our post-WWII life spans, medical advances have […]
Estate Planning For Your Family – Caring For More Than Just The Kids.
Mar 11, 2013
By Rick Law, Senior Estate Planner and Attorney In IL. We all have loved ones that we want to ensure are cared for after we’re gone. But what about your pets? Yet another facet of estate planning that we can assist you with at Law Elder Law is planning for the extended care of your […]
Trusts That Protect The Vulnerable, Disabled, Or Self-Destructive Adult Child.
Mar 10, 2013
By Rick Law, Elder Law Attorney in Western Suburban Chicagoland. As we meet with clients it becomes clear to us that many people are concerned about what will happen to their loved ones who are particularly vulnerable. It may be a child who has been disabled either physically or mentally since birth; that child may […]
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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.”
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