Our Elmhurst elder law attorneys are here to assist you in all of your senior planning needs. We take pride in our skill and commitment to excellent customer service. We are happy to assist you with elder planning, medicaid planning, and estate planning in a cost-effective manner.
Please contact our friendly
Elmhurst Elder Law Attorneys
at our nearest location to schedule a free consultation:
See below for our other locations. If our office locations are not convenient for you, we are happy to speak with you by phone.
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Kevin O'Flaherty oversees all legal matters and is actively involved in making sure every client's case, big or small, is handled with excellence and attention to detail. He is available to contact through phone and email and his rates are available upon request.
Our Elmhurst attorneys explain estate tax and discuss some tools used to avoid it or minimize it in this episodes of Learn About Law.
In this article, our Elmhurst Medicaid planning attorneys explain assets that are transferable within the 5-year look-back period. You are allowed to make certain types of gifts that would not warrant a penalty waiting period for Medicaid. You may gift any assets to:
You may also transfer your home to anyone who is:
in this Learn About Law episode, Elmhurst elder law attorney Kevin O'Flaherty explains the 8 goals of a good estate plan.
In this article, our Elmhurst elder law attorneys explain how to use life estates and irrevocable trusts to become eligible for Medicaid. While assisted living can be quite expensive, there are options to receive government assistance through Medicaid. In order to qualify, you must have less than $14,400.00 in countable resources. You may note that there is a 5-year look-back period. This is a way that they review the last 5 years to see if you have given any gifts, and if so, you may be disqualified for a certain period of time from Medicaid depending on the size of the gift.
The way to safely give gifts without being penalized in the 5-year look back period is to use life estate deeds and irrevocable trusts. This will allow you pass on your assets to your loved ones while also avoiding the Medicaid lien.
Elmhurst Medicaid planning attorney Kevin O'Flaherty explains the goals that seniors should be thinking about for their estate plans.
In this article, our Elmhurst elder law attorneys explain how a living will provide for end of life instruction. A living will has the ability to prevent life-sustaining treatment if one enters an irreversible vegetative state. This will is made in a mentally competent state of mind and takes the decision out of the hands of your health care agent. If a living will exists, the doctor will cease life support if he or she believes there is little chance of your coming out of a coma. Without this document, the health care agent will make the decision on your behalf. If there is no health care agent identified, it becomes the responsibility of your next of kin to make this decision. An alternative to a living will is giving a verbal or written instruction to your health care agent of what to do in an artificially prolonged life state.