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In This Issue
Health Reform Law's Pre-Existing Condition Plan Kicks In
Steinbrenner Fourth Billionaire in 2010 to Escape Taxes, If Not Death
Proposed Rules Signed Implementing the Deficit Reduction Act Concerning Medicaid Assistance for Long-Term Care
10 Reasons to Create an Estate Plan Now
Nursing Home Residents Have Rights!
New Attorney Joins the Elder Law Center, P.C.


firm-964-user-1194.jpg Elder Law Center, P.C.

2111 Plum Street, Suite 201
Aurora,IL 60506
(630)844-0065
cbr@mickeywilson.com
http://www.elderlawpc.com/
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Upcoming Speaking Engagement:

October 21, Connie will speak at the "6th Annual Solo and Small Firm Conference" held at the Hilton, Springfield, IL.

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Government Benefits Go Paperless
21 Ways to Make Extra Money in Retirement
New Consumer Checklist Available for Choosing Nursing Homes
When Trusts Meet Retirement Accounts
7 Tips for Talking About Health and Money With Elderly Parents
Predicting Your Own Life Expectancy

Health Reform Law's Pre-Existing Condition Plan Kicks In
Many Americans, including baby boomers too young for Medicare and disabled adults of any age, have been unable to obtain health coverage at any price because of a pre-existing health condition. As part of the roll-out of the new health reform law, the U.S. Department of Health and Human Services has announced the establishment of a new plan that will offer coverage to these previously uninsurable individuals.
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Steinbrenner Fourth Billionaire in 2010 to Escape Taxes, If Not Death
New York Yankees owner George Steinbrenner is the fourth known U.S. billionaire to die during 2010. Why is this significant? Because there is no estate tax in 2010, meaning that the U.S. Treasury has lost billions in tax revenues unless Congress acts between now and the end of the year to reinstate the tax retroactively.
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Proposed Rules Signed Implementing the Deficit Reduction Act Concerning Medicaid Assistance for Long-Term Care

Illinois, one of the last states to implement the Deficit Reduction Act of 2005 (DRA), has issued proposed regulations to put the law in effect in the state.

 

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10 Reasons to Create an Estate Plan Now
Many people think that estate plans are for someone else, not them. They may rationalize that they are too young or don't have enough money to reap the tax benefits of a plan. But as the following list makes clear, estate planning is for everyone, regardless of age or net worth.
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Nursing Home Residents Have Rights!
Many people incorrectly believe that once someone enters a nursing home, their freedom is over. In fact, nursing home residents have many rights, and it is important to know those rights and to be able to enforce them.
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New Attorney Joins the Elder Law Center, P.C.

We are pleased to announce that Catherine E. Malesky has joined the Elder Law Center, P.C. as an associate attorney. 

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Elder Law Center, P.C.
2111 Plum Street   |  Suite 201   |  Aurora,  IL  |  60506
(630) 844-0065   |  cbr@mickeywilson.com
www.elderlawpc.com
 
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.