Blog

Retirement Planning And Investment For Seniors.

By Rick Law Elder Law Attorney and Senior Estate Planner In Chicago, IL Investment number 2: Bonds and other fixed income debts. One of our favorite legal clients, Fern, called in a panic one day and breathlessly cried, “I’ve been defrauded! I bought some high return bonds and this month’s statement shows that I’ve lost […]

Continue Reading

How To Utilize Estate Planning And Legal Strategy To Enrich Your Quality Of Life In Your Golden Years.

By Rick Law, Estate Planning Attorney And Senior Advocate In The West Suburbs Of Chicago There’s no use in looking back, so let’s look at the road ahead. Here are some key facts about basic investment instruments to keep in mind as you begin your Elder Care journey. It pays to learn the pros and […]

Continue Reading

The Challenges Of Planning And Investing For Retirement

By Rick Law, Elder Law Attorney And Senior Estate Planner In Chicagoland. 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 live to age 81, and […]

Continue Reading

What Is The Senior Income Crisis And What Can An Elder Law Attorney Do For You? Part 4

By Rick Law – Elder Care Advisor and Estate Planner in Aurora. Now we that we have a better idea of where we’ve been, where the current financial market is, and how and estate planner can help seniors, let’s look ahead. Where do we go from here? How do I know what I’ve got, and […]

Continue Reading

Surviving the Senior Income Crisis: How An Elder Law Estate Planner Can Help – Part 3

By Rick Law, Estate Planning and Elder Law Attorney in Chicago. So far in this series, we’ve discussed the current state of affairs in the financial market, as well as just how much things have changed over the last decade or so and how it’s hurting seniors the most. Here’s how we – the estate […]

Continue Reading

The senior income crisis, protecting your income and investments into retirement – Part 2

By Rick Law, Elder Law Attorney in Aurora, IL Just how much has the economic landscape changed? We and probably you, too, have lived long enough to see the United States evolve from the world’s greatest creditor nation to the biggest debtor nation in world history. Perhaps even more shocking to both baby boomers and […]

Continue Reading

The retirement, investment, and income crisis many seniors face – Part 1

By Rick Law, Elder Care Attorney in Illinois. Yesterday’s investment rules and outcomes don’t apply in today’s retirement landscape. In light of the current economic earthquake, many people are shell-shocked and immobilized by fear. To quote a client: “We’ve got an income crisis. It wasn’t supposed to be like this. We played by the rules. […]

Continue Reading

Utilizing an experienced estate planner to survive the current “economic earthquake”, Part 2

by Rick Law, Senior Estate Planner and Elder Law Attorney in Western Chicagoland. Yesterday we talked about two of the important functions a trusted Elder Law attorney can do for you as you age. If you’ll recall, the first two benefits we provide were: 1.) Safety – because it’s too hard to get back what […]

Continue Reading

Surviving the “Economic Earthquake”: Why you need a Trusted Legal Advisor & Estate Planner

We all know that we need to plan for our future.  Hindsight is always 20/20, and matters of money are no different.  So, what CAN an experienced Elder Care advisor and estate planner do for you? In my experience, an experienced Elder Law attorney provides 4 valuable benefits: 1.) Safety – Because it’s too hard […]

Continue Reading

Avoiding The Potholes Of Retirement – Investment Risk And Rate Of Withdrawal.

Let’s face facts… Most people do not understand the investments that they have chosen. Since they don’t understand the investments, it is not surprising that they do not have realistic expectations of the performance of their investments. One of my favorite books about retirement planning is: “High Expectations and False Dreams: One Hundred Years of […]

Continue Reading

Our Reviews

“We would be lost without Law Elder Law! We walked in their doors over a year ago feeling lost and confused. With a father/father-in-law suffering from Alzheimer’s, we were overwhelmed by the Medicaid process, selling his home, protecting the assets he worked for his entire life, and finding him a memory-care facility that we could trust as his new home. 

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