By: Michael Jon Shalbrack Illinois recently adopted rules and regulations in connection with the Deficit Reduction Act of 2005 (DRA), which will directly impact planning for nursing home and long-term care for family members under Medicaid. These new rules, effective as of January 1, 2012, will likely make it more difficult to become eligible for Medicaid […]
Michael Shalbrack January 18th, 2012
Posted In: Trusts & Estates
By: Michael Jon Shalbrack An important part of the estate planning process includes the use of Durable Powers of Attorney (“POAs”), both for health care and property. POAs give someone else (the “agent”) the right to make decisions for you (the “principal”) or act in your place under certain circumstances. At a minimum, we suggest that […]
Michael Shalbrack July 21st, 2011
Posted In: Trusts & Estates