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Americans are now living longer than ever before, which is great news. However, many of us will eventually need long-term care at some point and this care is expensive. This explains why elder law is an increasingly important area of the law. It incorporates a wide range of practice areas, including long-term care planning, Medicaid planning, asset protection, estate planning, Veterans benefits planning, and more. Ozark Law Firm, LLC has extensive experience in all of these areas and is committed to helping seniors and the people who love them cope with the many challenges that come with growing older.
One of the most important aspects of elder law is helping seniors pay for expensive long-term care. Not to shock you, but the following statistics speak volumes:
Medicaid is a State and Federal Government program that pays for certain health services and nursing home care for older people with low incomes and limited assets.
Some people believe that estate planning is only for “wealthy” folks, but virtually everyone can benefit from having an estate plan.
Probate is a court-supervised proceeding wherein a person’s assets are retitled and distributed after death.
Every year countless veterans and their families become eligible for benefits, but fail to receive them.
Parents of a children with special needs are well aware of the many financial, social and medical issues involved.
In Illinois, there are two basic types of guardianships: a guardianship of the person and a guardianship of the estate.
At Ozark Law, LLC, our Illinois elder law lawyer can design a plan in advance to protect your assets in the event you or a loved one requires long-term care in the future. In addition, we can assist you with what is known as a Medicaid planning crisis situation.
Don’t lose your hard-earned assets to the steeply rising cost of long-term care. We welcome the opportunity to meet with you personally. Please contact us to discuss your particular situation.
Note: This website is a legal advertisement for a law firm. The hiring of an Elder Law Attorney is an important decision that should not be based solely upon advertisements.
Disclaimer: This web site has been designed to provide educational information only and is not intended to offer legal advice. Please do not make any decisions about any legal matter without first consulting with an Elder Law Attorney. No Attorney-Client Relationship is formed by any use of the information provided herein.
