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RECENT ELDER LAW LEGAL ARTICLE

  • guardian-home-care-brightstar

    Does an older adult need a guardian to use Home Care?

    Does an older adult need a guardian to use Home Care? by Linda Kunicki, BrightStar Care When an older adult reaches a point in their lives where they need some help at home, it can be difficult to know where to turn. One option for seniors is to use an agency to hire home care….

  • chicago elder law

    What is financial exploitation of the elderly?

    What is financial exploitation of the elderly? We have seen an increase in probate cases involving aging adults who are taken advantage of by people they know, trust, and love. Family members often discover, too late, that their parents or grandparents have been preyed upon by a caregiver or new “friend.” Senior citizens are often…

  • chicago attorney estate planning

    Power of Attorney: What Happens if You Do Not have One?

    Power of Attorney: What Happens if You Do Not have One? Power of attorney documents allow you to name an agent that can make decisions for you in the event that you are no longer able to do so. For example, in a “Power of Attorney for Property”, you name an agent who can make…

  • What are “presumptively void transfers” in Illinois?

    What are “presumptively void transfers” in Illinois? The Illinois statute entitled “Presumptively Void Transfers” protects all individuals from coercion by their caregivers. Under the statute, certain transfers to caregivers are deemed void unless the caregiver can prove by clear and convincing evidence that the transfer was not the product of coercion and undue influence by…

  • Power of Attorney Chicago

    What law protects the elderly from financial exploitation?

    What law protects the elderly from financial exploitation? Illinois statute protects elderly individuals from those who seek to financially exploit them by coercing the elderly into amending their estate plans. This is an important statute because the elderly are often preyed upon by caregivers and other individuals who see them as an easy target. This…

  • What is Elder Law?

    What is Elder Law? The term “Elder Law” refers to the areas of law that affect or relate to individuals who are older or are approaching the end of their lives. There is not a “magic age” in which elder law concerns should be addressed. However, our firm encourages any individual aged 50 or over…

  • Chicago Power of Attorney

    Power of Attorney for Property – What Decisions Can Your Agent Make?

    Power of Attorney for Property – What Decisions Can Your Agent Make? At Hays Firm, our Chicago-based elder law attorneys work with our clients to make plans for an unknown future. The future may entail a period of time in which our clients are incapacitated and unable to make their own financial decisions. A Power…

  • What is the Estate Tax?

    Understanding Estate Taxes in Chicago The federal estate tax is a tax on property that passes from a deceased person’s estate to their heirs. This tax affects only the wealthiest families in America. This is because the current law (Tax Year 2017) excludes the first $5.49 million of an estate from estate tax ($10.98 million…

  • chicago attorney estate planning

    Identifying Elder Abuse and Financial Exploitation

    Identify Elder Abuse and Financial Exploitation Approximately one in ten individuals over the age of 60 has experienced elder abuse. As the population ages, the instances of financial abuse are on the rise. This abuse is generally perpetrated by scam artists or trusted people in their lives who simply take advantage of them. Reported instances…

  • Financial Exploitation of the Elderly | Hays Firm LLC

    Elder Abuse Litigation After a Loved One Passes As people age, they become more susceptible to financial exploitation by those around them. These types of incidents are becoming more common and represent a growing problem in Chicago, the suburbs and the entire nation. Unfortunately, many people do not realize that their elderly loved one was…