Category: estate planning

Is It Too Late To Start My Retirement Planning Over?

By Rick Law,  Estate, Asset & Retirement Tax Attorney at Law Elder Law in Western Chicagoland. It’s a statement I used to hear all too regularly at the height of the recession.  Clients coming into my office would lament,  “We have lost so much in our mutual funds that I should just sell EVERYTHING and […]

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Putting Together the Pieces of the Aging Puzzle

 From Estate, Asset and Retirement Tax Lawyer Rick Law of the Multi-Generation law firm at Law Elder Law in West Suburban Aurora, Illinois. Due to the nature of typical elder law representation, it is particularly important that we spend time educating our clients and their families to understand the attorney-client relationship.  We have a duty […]

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Transformation Over Transaction

By Estate Planning attorney Rick Law.  Rick is founder of the multi-generational law firm at Law Elder Law.  Estate, Asset & Retirement Tax Attorneys serving Kane, Kendall, and DuPage counties in Illinois. One of the goals in our practice is to make the client’s experience “transformational” rather than “transactional.”  This means doing more than simple legal […]

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A Multi Generation Law Firm

 By  Attorney Rick Law of the Estate, Asset and Retirement Tax law firm of Law Elder Law, home of the Estate Planning Center at Law Elder Law in Aurora, IL. As a prospective client, it’s completely reasonable for you ask your attorney about their own succession plans. I was born in 1950 and my life […]

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Do I Need a Caregiver Agreement?

By Estate, Asset and Retirement Tax Lawyer Rick Law of the Estate Planning Center at Law Elder Law.  Familial caregivers are typically compensated according to what the state along with your attorney determines to be “Fair Market Value”.  This may prevent transfers of money from one family member to the next from being counted as gifting […]

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The Cowboy Code

By Attorney Rick Law of the Estate, Asset and Retirement Tax Lawyers at Law Elder Law.  Home of the Estate Planning Center at Law Elder Law in the Western Chicagoland suburb of Aurora, in Illinois. I grew up (like most baby boomers) in the age of the TV Cowboy Hero. We were saturated with the […]

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Starting the Final Arrangement Conversation

By Estate and Asset Protection Attorney Rick Law. Founder of the Multi-generational Estate Planning Center At Law Elder Law in Aurora.  Serving Kane, Kendall, DuPage Will and Cook counties in Illinois. They say the only two assurances in life are death and taxes, so most people can consider that they are going to die…someday.  Actually […]

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Personal Care Contracts and Medicaid

By attorney Rick Law of the Estate, Asset and Retirement Tax Lawyers at Law Elder Law in West suburban Aurora in Illinois. Seniors suffering from dementia who wish to qualify for state-paid nursing home care are required to spend down until they only have $2,000 in countable assets (this number varies from state to state). […]

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Our Mission at Law ElderLaw

By estate planning attorney Rick Law.  Rick is founder of the multi-generation law firm Law Elder Law in West Suburban Aurora, IL.  Are you aware that a catastrophic illness could wipe out virtually all your financial resources?  What will happen to you if you outlive your money?  You can learn how to protect your life […]

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Could Medicaid Help Pay for Your In-Home Care? Part 2

By estate planning attorney Rick Law.  Rick is founder of the Estate Planning Center at Law Elder Law in West Suburban Aurora, IL.  LEL is a multi-generation law firm. In the last installment of my blog, you learned some of the basics of Medicaid in Illinois – and why you need to be informed about […]

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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