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Peoria Estate Planning. Probate And Elder Law Blog

Using Super Safe Investments May Be Risky When It Comes to Retirement Planning

The main point here is that while keeping all your savings in very low-risk but also low-returning investments might make you feel safe and secure now, you could be opening yourself up to the bigger risk that your nest egg may not be able to support you over the long term. 

3 reasons to consider a special needs trust

A special needs trust is a specific type of trust that is designed to benefit a specific type of beneficiary. These beneficiaries are generally disabled or battling a mental illness. Those who are considering this type of trust for a loved one likely have a number of questions about this legal tool.

Having a basic understanding of some of the benefits provided by a special needs trust can help.

Trump's Actions Have Scrambled Insurance Prices

President Trump carried out a longstanding threat and ended certain subsidies for insurers. To compensate for the lost funding, insurers increased the prices of their plans - heavily in the silver category and less so in others.

Health Savings Accounts

Elder Law is about understanding resources and tools available to you. The number of H.S.A. accounts increased by 16 percent year over year as of June 30, to more than 21 million. Assets held in the accounts grew 23 percent, to just under $43 billion. Contributions can be deducted pretax from your paycheck, lowering your taxable income; any interest or investment gains on the money is tax free; and withdrawals from the account are tax free, as long you spend the money on eligible items. And if you change jobs, the H.S.A. moves with you. 

Would Social Security consider me disabled?

Many people are uncertain that their conditions will be given serious consideration for Social Security Disability benefits.

This may be because when we think of disability, we tend to think of wheelchair conditions -- musculoskeletal problems that make it difficult to work many jobs.

Irma and the Florida Nursing Home disaster- 11 dead

Before you put a loved one in a nursing home learn as much as you can about the facility. Among the nursing homes of South Florida, Hollywood Hills was not highly regarded. The 152-bed residence had a "below average" rating from Medicare, with two out of five stars. Its most recent health inspection, from March, described residents who were not bathed or groomed properly, food that went uncovered in a soiled kitchen, and flaws in the in-room patient call system.

3 biggest mistakes- Social Security Disability or SSI

Are you thinking about applying for Social Security Disability or SSI? Don't make these mistakes.

Creating an Estate plan-Don't make these 3 mistakes!

Estate planning is one of the greatest acts of love you can ever accomplish for your family and for yourself. It's not about dying - it's about celebrating life. It's about thoughtfully addressing the challenges you may face later in life, so that your "golden years" can live up to that name. It's about realizing that some of the most important moments in the lives of your loved ones will take place after you're gone, and that you have the unique opportunity, if you choose to take it, to help make those moments the best they can possibly be.