Parents with adult special needs children may have put a plan in place to make sure their special needs children are taken care of after they pass away, but they may not have addressed the critical question: “Is there going to be any money left to provide for my adult special needs child after I […]
Arbitration Clauses in Nursing Home Admission Contracts: New Rule Nov. 28, legal challenge
Arbitration clauses are common in nursing home admission contracts. However the government announced a new regulation, which is scheduled to take place on Nov. 28, 2016, declaring in most situations these arbitration clauses will be unenforceable. In this Elder Law Minute video, Wes Coulson, Illinois Elder Law attorney, discusses the new rule taking effect Nov. 28, the legal […]
Common Estate Planning Mistake #13: Failing to make proper provisions for special needs family members
Special Needs family members require and deserve special provisions made for them in a family estate plan. Unfortunately, it is very common for people to either make provisions for them in an incorrect or incomplete way, or worse yet, not provide for them at all. In this Estate Planning Minute, Wes Coulson, Illinois Elder Law attorney, […]
When it comes to Long Term Care – When you run out of money, you run out of options
Long Term Care in a nursing home can present a wealth of issues, one of which being financial. With proper planning, the money you may have accessible to you when or if that time comes, will help create more available options for you. In this Elder Law Minute, Wes Coulson, Illinois Elder Law Attorney, explains how planning […]
Funding a Trust: Safekeeping your Assets
What does “funding a trust” mean and why is it so important? In this Elder Law Minute, Wes Coulson gives some insight on why it is vitally important, for the safekeeping of your assets, to transfer ownership of the assets you want in your trust – to your trust. Funding a Trust: Safekeeping your Assets Transcript: […]
