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November
2009
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| In This
Issue |
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Elder Law Center, P.C. |
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Upcoming Speaking Engagements for Managing Partner, Connie Renzi:
- December 3-4, 2009
5th Annual Elder Law Short Course - in cooperation with the National Academy of Elder Law Attorneys' Illinois Chapter and the Illinois Institute for Continuing Legal Education.
Hickory Ridge Marriott, Lisle, IL (course and registration infodetails and registration)
- December 10, 2009
Winter CLE Fest - sponsored by the Illinois State Bar Association. Connie will present on "Medicaid: What It Is and Who Is It For?" and will be a panelist on topic "Avoiding the Nursing Home."
Visit the Elder Law Center website for more information.
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Medicare Part B Premiums to Rise 15 Percent for Some, or
Maybe None
After not rising last
year, the basic premium for Medicare Part B will shoot up 15 percent
to $110.50 a month in 2010. But most beneficiaries will be exempted
from paying this increase. Whether the rest will be able to avoid it
as well remains to be seen.
Understanding the Differences Between a Will and a Trust
Everyone has heard the
terms "will" and "trust," but not everyone knows the differences
between the two. Both are useful estate planning devices that serve
different purposes, and both can work together to create a complete
estate plan.
IRS Issues Long-Term Care Premium Deductibility Limits for
2010
The Internal Revenue
Service has announced the 2010 limitations on the deductibility of
long-term care insurance premiums from taxes. For the first time,
the maximum deductible limit for an individual exceeds
$4,000.
Switching Medicare Plans If You Move
If you are over 65 and
preparing to move to another county or state, be sure to add "check
Medicare plan" to your to-do list. If you have a Medicare Advantage
plan, you'll need to make sure it will still cover you after you
move.
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| Disclaimer:
The information contained in this newsletter is not intended
as legal advice and should not be relied upon to answer any
specific questions concerning your own circumstances or for
purposes of legal planning. For specific legal advice, please
contact our offices. |
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