Maybe but Social Security uses a completely different standard and method for determining disability. The VA does a percentage rating of disability. There is no percentage rating with Social Security Disability. You are either disabled or not disabled. Even those...
Month: June 2021
Is your mom or dad ready for a nursing home?
Your parent is getting up in years. He or she may not want to admit it, but it is clear that everyday tasks are becoming a struggle. You think it is time to start looking into assisted living or even a nursing home -- maybe not for use right away, but soon. How do you...
Can I disinherit one of my children or not leave assets to one of my grandchildren?
The answer is yes. Proceed with caution though and the advice of an experience estate planning attorney. This is no time for a do-it-yourself estate plan. This needs to be plan which can potentially stand up to a Court challenge. Consider the implication of such a...
If I have less than 11.7 million dollars should I be concerned about Estate tax issues?
The answer is maybe. While the current federal estate tax exempt amount is 11.7 million dollars the state estate tax exemption for Illinois is only 4 million dollars. Your failure to plan if you have close to 4 million dollars is that your family maybe be paying...
Why is Age a factor in an SSI or Social Security Disability Claim?
Many persons are under the mistaken impression that medical and/or mental health impairments are the only thing that the Social Security Administration looks at in a disability claim. For some individuals that is enough but for many of my clients there is much more...
What does it mean when an asset is referred to as a Nonprobate asset?
In its simplest terms it means an asset that is not directed to a beneficiary by the probate process. For example, if you have named a beneficiary to a life insurance policy then your beneficiary designation you filed with the insurance company will control who get...
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