A special needs trust (or supplemental needs trust) can help a person with disabilities supplement any benefits they may receive from government programs. With a well-crafted special needs trust, the beneficiary can receive public benefits while receiving funds from the trust at the same time. Special needs trusts come in three main types, but first […]
What’s a Special Needs Trust For, and How Can It Help? Read More »
As our loved ones age or face medical challenges, questions about future care and legal decision-making become more important. In Illinois, the law offers a powerful planning tool known as standby guardianship, which allows families to prepare for a time when an adult may no longer be able to manage their own personal or financial
The Role of Standby Guardians in Illinois: Planning Ahead for Adults with Disabilities Read More »
When a loved one passes away, the administration of their estate can be complex—especially if they resided in one state but owned property in another. This situation often triggers what’s known as ancillary probate, a secondary legal process to administer the out-of-state property. For example, if someone died while residing in Florida but owned real
Navigating Probate for Out-of-State Decedents with Illinois Property Read More »
One area that causes a lot of confusion regarding Medicaid is the lookback period. What exactly does it mean for applicants? Unlike Medicare, Medicaid is a means-based program. In other words, you are only eligible for Medicaid if you have very few assets. The government does not want you to transfer all your assets on
The Look-Back Period: What You Need to Know About Medicaid Penalties Read More »
One area that causes a lot of confusion regarding Medicaid is the look-back period. What exactly does it mean for applicants? Unlike Medicare, Medicaid is a means-based program. In other words, you are only eligible for Medicaid if you have very few assets. The government does not want you to transfer all your assets on
The Look-Back Period: What You Need to Know About Medicaid Penalties Read More »
Federal law requires each state to attempt to recover long-term care benefits from Medicaid recipient’s estates after their death. This is known as Medicaid estate recovery. If a Medicaid recipient had failed to protect their house, it may need to be sold to settle the claim. Who Does the Medicaid Estate Recovery Program (MERP) Affect?
Medicaid Estate Recovery and Payback Rules Read More »
Estate administration is the process of managing and distributing a person’s property (the “estate”) after death. If the person had a will, the will goes through probate, which is the process by which the deceased person’s property is passed to his or her heirs and legatees (people named in the will). The entire process, supervised
The Basics of Estate Administration Read More »
Spousal impoverishment is a concern for older couples when one spouse needs long-term care and applies for Medicaid. If one spouse requires care in a skilled nursing facility and the other remains at home, the spouse at home might face significant financial hardships. The high costs of nursing homes combined with Medicaid’s strict income and
What is Spousal Impoverishment in Medicaid Planning? Read More »
A diagnosis of dementia, a category of diseases affecting memory and thinking that includes Alzheimer’s disease, can feel overwhelming and upsetting. You might worry that you will lose control over your life and ability to make your own decisions. Fortunately, receiving a diagnosis of dementia or Alzheimer’s does not mean that you cannot execute legal
After a Dementia Diagnosis: Preparing for the Future Read More »
In today’s world, it is crucial to have healthcare insurance. So, it can be concerning if your application status is still “Medicaid Pending.” Medicaid Pending status means that your Medicaid application or your parent’s application has not yet been approved or denied. Essentially, your application is in limbo. Here is why this status is important:
Navigating Medicaid Pending, Denials, and Appeals Read More »
