Skip to content
630-377-3241 455 Dunham Road, Suite 200, St. Charles, IL 60174
·
October 15, 2013

Obamacare Should Be of No Concern to Medicare Beneficiaries, Although Scammers May Tell You Otherwise

In point of fact, people age 65 and over who are on Medicare don’t need to do anything to continue getting their government benefits. Medicare coverage satisfies the new insurance requirement and a new “health care card” is not required. (And those under age 65 who already have health coverage don’t need to do anything, either.) Moreover, Medicare, like the IRS, will never contact beneficiaries about any personal issues by phone or e-mail, but rather through regular mail.

Dealing with a Deceased Loved One’s Debt Collectors

Once a loved one passes, several tasks come to hand for the family. The majority of these tasks involve expenses and they quickly add up. First and foremost is the task of laying your loved one to rest. The average cost of a funeral is between $8,000 – $12,000. Perhaps the loved one set up a pre-paid funeral arrangement or had a life insurance policy that could cover these expenses and outstanding debts. Probate is the process to collect assets, pay bills and issue distribution to the beneficiaries. Please enjoy this article provided to us from Elder Law Answers on paying debt from an Estate.

·
September 13, 2013

Can Life Insurance Affect Your Medicaid Eligibility?

A recent study found that 46 percent of long-term care claimants were under the age of 65 at the time of disability. When thinking about long-term care planning and qualifying for assistance there a few options to consider. Medicaid eligibility calculates a person’s assets and if you have life insurance it could be considered an asset.

Make Decisions While You Can!

While the paperwork is vital, especially when family members disagree, family discussion can be even more important. Advance Directives should be part of a broader discussion, including how do you want to be cared for and by whom, where do you want to live and what do you want out of your final years?

Time is of Essence..Are you ready for the cost of Long Term Care?

Planning ahead for your own disability is a difficult step to take because no one wants to believe it can happen to them; but it can happen. Take a look at the following article we found on Forbes.com. Know your options and put a plan in place. Strohschein Law Group is hosting a FREE one hour Lunch&Learn workshop – “Life Care Planning – Getting and Paying for Good Care When You Need It” on Tuesday, June 18th starting at Noon. It’s better to prepare for what your options can include before getting in the tangled web of bureaucracy explained below.

Eighteen: The Magic Number?

Strohschein Law Group is dedicating the longest day of the year, June 21st, to provide awareness and help in the fight to end Alzheimer’s. Our staff will be available by appointment and walk-in to prepare your ~
Durable Powers of Attorney for Healthcare and Property FREE of charge
Friday, June 21st 9:00 a.m. – 5:00 p.m. at our office in St. Charles

To sweeten the deal, we will send you off with a root beer float to enjoy the first day of summer! All we ask is that you leave a donation for the Alzheimer’s Association.

Mom Needs Care and the House Isn’t Selling – Now What?

Without warning, Mom’s medical situation takes a significant turn downward and she goes from being independent and on her own, to needing 24/7 care in a very short period of time. The adult children rally to find a short term and long term solution since they don’t know how this will play out in the coming weeks and months ahead.
After the hospital and rehab at a local nursing home, Mom returns home. Initially the children take shifts to address Mom’s immediate care needs. When the children need to go back to work and Mom still cannot be on her own, an in-home caregiver is located and service begins immediately.

·
April 18, 2013

Family Legacy Planning

Most of us spend a lot of time planning how to pay for a college education for our children, weddings, that car we always wanted and retirement. We all spend a significant amount of time planning for the long awaited vacation that will last only a few days of our lives. Some even have given thought to long term care planning. So, while planning for the BIG things and keeping our house in order, have you stopped to think about the steps to ensure that your legacy will be carried out?

Protecting Your Assets from the Cost of Long Term Care – Part 2: Are Wills the Solution?

While you read this you may think you don’t have an “estate” but if you have any combination of bank accounts, investments, real estate, business interests, life insurance policies, personal property, jewelry and collections of any sort, you will want to protect these things that really do matter. The cost of long term care without a plan could cost you and your loved ones. Simply put, a will isn’t enough!

Back To Top