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Kevin's firm handled setting up my will and trust recently. They took something that seemed intimidating and made it easy to understand. I've also referred a couple clients to Kevin - he's trustworthy, approachable and very fairly priced.
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Our Chicago special needs attorneys have the experience and the knowledge to assist you and your loved ones to create a special needs plan that will allow you to retain assets that also ensures government benefits like social security won't get interrupted. Our Chicago special needs lawyers will ensure you have peace of mind knowing your family is taken care of.
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The purpose of a consultation is to determine whether our firm is a good fit for your legal needs. Although we often discuss expected results and costs, our attorneys do not give legal advice unless and until you choose to retain us.
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Chicago, IL 60606
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I am personally committed to ensuring that each one of our clients receives the highest level of client service from our team. Our mission is to provide excellent legal work in a cost-effective manner while maintaining open lines of communication between our clients and their attorneys. Many of our clients are going through difficult times in their lives when they reach out to us. They should feel comfortable leaning on the experience and knowledge of our attorneys as their counselors and advocates. We are here to help!
In this article, our Chicago special needs attorneys discuss how Special Needs Trusts are used in planning for the care of individuals with special needs. Typically, if someone has a disability in Illinois, they are entitled to Supplemental Security Income if they have less than $2,000 in assets and earn under the maximum amount as described by SSI guidelines. With the help of our Illinois special needs attorneys, you can create a Special Needs Trust to ensure that your loved one with a disability can gain assets and income without reduction of benefits.
In this article, our Chicago special needs lawyers discuss these benefits as well as what Special Needs Trusts are allowed to pay for and what they can't under current rules. Adding a home to a special needs trust is additional benefit when calculating Supplemental Social Security Income. Special Needs Trusts cannot pay for the expenses that SSI typically covers including utilities, mortgage payments, and groceries.
In this article, our Chicago special needs attorneys discuss the differences between stand-alone special needs trusts and testamentary special needs trusts and the benefits and disadvantages of each. A special needs trust is a tool that can be used to benefit a person with a disability. It allows the person with a disability to accumulate assets and earn income without negatively impacting government benefits. A testamentary special needs trust is one that is provided for in a third party’s will or trust. An example is when a parent of an individual with a disability provides in her will that upon her death a special needs trust will be created for her child and that a certain portion of her estate will be transferred to the trust. A stand-alone special needs trust is one that is not created as part of a third party’s will or trust and is not contingent upon the death of that third party. It is a separate trust document that is effective immediately.
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