Helping Chicagoland families for over 20 years
Medicaid and Assets Protection
Seniors are living longer than ever before increasing the likelihood for long term care. The cost of long term care in an Illinois nursing home can be staggering. Without proper Medicaid planning you can lose your home and your life savings in paying for nursing home costs. We assist our clients in asset protection planning to minimize their out of pocket expenses for long term care.
Chronic Illness Planning for Alzheimer’s Dementia, ALD Parkinson’s…
Caring for a loved one that suffers from a chronic disease can be challenging and should not be underestimated. We regularly do comprehensive legal planning for individuals that suffer from chronic illness. We take into consideration each of our client’s unique circumstances to tailor a plan to fit their specific needs helping them achieve the highest quality of life.
Estate Planning – Wills, Trusts & Power of Attorney
Two of the most asked questions in our office are “What is the difference between a will and a trust?” and “Do I need a power of attorney document?” We help you understand whether or not you may benefit from a will or a trust and what a power of attorney can be used for. We look at your particular situation to determine your legal options, so that you can make informed decisions on how to handle your situation.
Estate Settlement (Trusts & Probate)
We all know that the passing of a loved one can be emotionally challenging. In addition to going through the grieving process you have to figure out what to do with your loved one’s debts and assets. When faced with this task many individuals do not know where to turn. They are not sure whether probate court is required, whether a tax returns needs to be filed or who is legally entitled to the assets under the law.
Planning Ahead For Elder Clients
We all know that as we grow older our health concerns increase. No one can predict if a stoke or fall will occur, but if it does, then you may be much better off if you have done advanced planning. We prepare our clients for what may lie ahead. Planning ahead can often times prevent a future crisis down the line.
Special Needs Planning
We are passionate about assisting our clients with special needs to improve their quality of life. A loved one with special needs may have a limited ability to provide for themselves. Therefore, it’s important to protect any gifts that they may receive, as well as any inheritance. Some special needs individuals receive government assistance such as SSI and/or Medicaid benefits.
Guardianship
When a person has lost their ability to make and communicate healthcare and financial decisions for themselves due to a mental, physical or developmental disability and they have not already executed power of attorney documents, then a judge can appoint a guardian to make important decisions for them.
VA Benefits
VA aid and attendance benefits can be a great source of funds to help pay for the cost of care at home, in independent living facilities, in assisted living facilities and in nursing homes. Veterans that suffer from chronic illness such as Alzheimer’s, ALS, Parkinson’s, victims of strokes and falls… may be able to obtain veterans aid and attendance benefits.
Why Choose Us?
We have over 20 years of estate planning & elder law experience. We do not take the ‘cookie cutter’ one-size-fits-all approach. We customize a comprehensive plan that is right for you.
Meet John Belconis
