If you have children, you will need to designate a legal guardian for them when you formulate your estate plan. According to the Illinois General Assembly, the guardian you assign must be at least 18 years of age or older, a resident of the U.S. and of sound mind. He...
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Principled Advocacy For Families And Individuals With Disabilities And The Professionals Who Serve Them
Estate Planning
Providing for a special needs family member
Special needs conditions vary in severity with some people able to work and even live independently while others cannot do these things. Parents with special needs children know they need to find ways to ensure their kids receive the appropriate level of care and...
Why do I need an estate plan?
One of the biggest misconceptions about estate planning is that it is only for people who have a lot of money. The truth is that everyone can benefit from proper estate planning. While you may not need an extensive or complex plan, even a simple one can make things...
Protect benefit eligibility with special needs financial planning
Even if you have the full means to provide financial support for your adult child with special needs, you should do everything you can to prevent denial of additional benefits to them in the future. Many government programs offer assistance to adults in Chicago who...
3 qualities of an effective special needs trustee
If you have a loved one who has a disability, you likely recognize the potential for financial hardship. After all, your relative or friend may have difficulty providing for his or her basic needs. While needs-based government assistance, such as Supplemental Security...
What influence does a legal guardian have?
Legal Guardianship When you first look into taking care of someone with a disability in your life, it may be confusing to know what exactly a guardian does. Learning more about what kinds of capabilities you may have as a legal caretaker can help you make the best...
Why should I have a living trust?
There are many reasons to have a living trust in Illinois. One of the primary reasons is the entity can help your loved ones avoid the costly process of probate upon your death. Not everyone may want a living trust, but here are a few reasons to consider creating...
Common estate planning tools and how to use them
You know you need a will. You may have even spent quite a bit of time thinking about how you want to divide your assets among your family members. Until you make one, though, Illinois intestate succession laws dictate who receives your assets after your death. To...
Crafting a life care plan
If you have a special needs child or relative, you may wonder how to provide for them after you pass away or are otherwise unable to provide care. Some people create a special needs trust, overseen by a trustee who dispenses payments for care, food and housing needs....
What is the best time to update my estate plan?
Planning for the future becomes increasingly important as you get older. You want to make sure that your property is taken care of according to your wishes after you pass. You may already have an estate plan created, but did you know it can be crucial to review and...
