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September
2010
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| In This
Issue |
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Elder
Law Center, P.C. |
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2111 Plum Street, Suite 201
Aurora,IL
60506
(630)844-0065
cbr@mickeywilson.com
http://www.elderlawpc.com/
Check out our
Blog!
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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GAO Report Raises Some Concerns About Regulation of
Retirement Communities
A report by the
Government Accountability Office warns that given the weak economy,
Continuing Care Retirement Communities (CCRCs) are facing
challenging times. The ability of many CCRC residents to support
themselves is inextricably tied to the financial health of their
CCRC. While few CCRCs have gone under so far, states vary in how
much they help ensure that CCRCs stay solvent or don't sharply raise
monthly fees on residents.
Charitable Remainder Trusts: Income for Life and a Good Deed
at Death
Instead of leaving money
to a charity in your will, you can put that money into a charitable
remainder trust and collect income while you are still alive.
Charitable remainder trusts have many other advantages, including
reducing your income and estate taxes and diversifying your
assets.
Study Shows Diversity of Grieving Among Caregivers
A new
study by the University of Michigan reveals that racial and ethnic
differences play a role in the emotional attitudes of caregivers of
Alzheimer's patients. These findings could help improve support
services for caregivers.
Survey Finds Medicare Doesn't Work As Well for Younger,
Disabled Beneficiaries
A new survey of nearly
4,000 Medicare beneficiaries has found that those who are younger
than 65 receive fewer medical services, have a harder time paying
for the medical care that they do receive, and are more likely to
feel sad or depressed than older beneficiaries.
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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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