Aug 29, 2016
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.
What will happen to your disabled loved one when you’re gone?
As an elder law attorney, I often have to assist parents who have lived to an age where they become the “frail elderly” and are facing nursing home needs of their own – yet, these are the very people who are still required to be at home caring for their adult disabled child.
Millions of parents want to protect a child with a disability such as autism, cerebral palsy, hearing loss, vision impairment, muscular dystrophy, genetic and chromosomal disorders, Down’s Syndrome, or one of a number of mental illnesses. (We’ll also talk in a later email about how to protect a child who does not have a traditionally-defined disability, but will never be able to handle money and also needs love and protection).
It’s my job to take the hands of parents and grandparents, helping to guide them to peace of mind as they put up safeguards and protections for their child that will be in place long after they’re gone.
The scary thing is that many people (even attorneys!) recommend that a parent disinherit their special needs child in order to allow them to continue receiving benefits and so as not to create more problems. But I’m here to tell you that there is a better way – you can protect your child while making sure they will always have enough during their lifetime.
As we delve into the tools I use to help families like yours, you’ll discover that you may want to make changes to better protect your loved ones. Or, you may not want to wait for my next few emails – if that’s the case, simply call my office at the number below. Every family is different, and I want your family to have the best possible outcome. Let’s sit down together and talk about how to protect and provide for those you love – while you’re alive, and for the rest of their lifetimes.
Too many families needlessly lose everything they have. Don’t let that be you. If you need help paying the overwhelming cost of long term care, give our office a call at 800-310-3100. Your first consultation is absolutely free. We’ll let you know what steps you need to take, right now, to protect yourself and your family. Call now, because when you’re out of money, you’re out of options.
Rick L. Law, Attorney, Estate Planner for Retirees.
Rick was named the #1 Illinois elder law estate planning attorney by Leading Lawyer Magazine. He has been quoted in the Wall Street Journal, AARP Magazine, TheStreet.com, and numerous newspapers and articles. Rick is the lead attorney for Law Elder Law, LLP, focusing in Estate Planning, Guardianship, and Nursing Home Solutions. His goal is to give retirees an informed edge when it comes to dealing with an uncertain future. Get flexible retirement strategies that work during good times and bad, plus information on how you can save your home and assets from being used to pay for long term care. Call 800-310-3100 for your free consultation now!
My wife and I had our first child three years ago. That’s when we decided to set up a trust, should anything happen to either of us. We reached out to Zach Hesselbaum to help us out. He was very thorough and professional throughout the whole process. Zach went above and beyond to make sure that we understood every detail of setting it up and he did an excellent job. We recently had our second child a few months ago. With the new baby, he helped us make the necessary revisions to the trust. Zach made this process great for us! I would definitely recommend using him for any of your estate planning needs!
Tom G., Naperville, IL