by Tony DelGiorno | Oct 1, 2009 | Elder Law, Estate Planning, Financial Planning
Everyday, people open up new bank accounts or go into their bank and add a person to their account. The reasons for doing this are many. First, as a person gets older, it may be more difficult to get out to the store or to keep your bills straight. Therefore, you...
by Tony DelGiorno | Jul 1, 2009 | Elder Law, Financial Planning, Long-Term Care, Medicare/Medicaid
Let’s be honest, nobody wants to go to a nursing home, but the time may come that it is a necessity for one’s safety and well being. The greatest challenge that a family faces is finding the resources to pay for expensive nursing home care, which can be an average of...
by Tony DelGiorno | Jan 1, 2009 | Elder Law, Long-Term Care
The living will is the most widely known example of a right-to-die advance directive. The Illinois Living Will Act was the first such law that took effect in 1984. Under the Living Will Act, a competent adult may make a written declaration instructing his or her...
by Tony DelGiorno | Oct 1, 2008 | Elder Law, Estate Planning, Financial Planning
Recently, I had an opportunity to give a talk concerning the common misconceptions that folks have about asset protection planning and estate planning. As 2008 draws to a close after a tumultuous year on Wall Street, it is important to understand some of these...
by Tony DelGiorno | Jul 1, 2008 | Elder Law
Everyday, seniors are confronted with numerous and confusing advertisements and information about their health insurance options. From enrolling in Medicare, to picking the right Medicare Prescription Drug Plan (known as Medicare Part D coverage), to picking a...
by Tony DelGiorno | Jan 1, 2008 | Elder Law, Financial Planning, Taxes
Year after year, as tax season approaches, many senior citizens who have come to me for estate planning purposes tell me they do not need to file a tax return because they do not make enough money at their part-time jobs. However, I oftentimes urge them to file a tax...
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