Chicago Estate Planning Lawyers Who Understand Family
We are Chicago estate planning lawyers with extensive experience navigating the twists and turns of the elder law process. Let our elder law attorneys help your family with:
- Estate Law and Planning
- Medicaid Planning
- Wills and Trusts Administration
- Special Needs Trusts and Disability
- Baby Boomer Law
Promoting dignity as we protect your family’s financial well-being
Families across Chicago, and all over Illinois, are struggling to protect assets and care for aging parents & loved ones. The complexities of current Estate laws do not make it easy for individuals and their families to cover all the bases without assistance.
Assisting disabled spouses, aging parents and grandparents sometimes makes it difficult to find time to address our own situation – even as issues surrounding estate law, elder care, trusts and Medicaid force themselves into our daily conversation.
Whether you want to preserve the dignity of an aging parent or spouse by making plans to insure they don’t outlive their assets, or take care of an existing estate to avoid future unseen liabilities – we can help. Our attorneys concentrate in elder care law and estate planning. We can also work with you to address the special needs of disabled family members or even manage the affairs of those who failed to make proper arrangements.
At Generation Law we are not only attorneys, we’re also people with families. So we understand the stress, hardship and conflicting emotions that come with estate planning and elder law. So, don’t wait until an issue becomes a crisis. Contact us today and let us help you protect your family’s assets and future while preserving the dignity of everyone involved.
- Medical Expense Deductions
Any individual is entitled to deduct unreimbursed medical expenses paid during the tax year on behalf of themselves, their spouses and their dependents.
The definition of what constitutes a medical expense for tax purposes is very broad and includes expenses incurred in connection with the diagnosis, cure, mitigation,
- Choosing Power of Attorney Witness Important
It might seem an incidental issue but choosing witnesses for a Power of Attorney can be very important.
The Illinois General Assembly passed a law in 2011 changing who can legally witness such a document.
A key to the kind of abuses the law hopes to curtail is hidden in plain
- The Irrevocable Trust
In my previous blog post I reviewed the pros and cons of a revocable trust. This week we’ll do the same for the irrevocable trust.