Years Of Elder Law Experience Serving You

Elder law practice involves helping elderly clients, their families and their caregivers make educated decisions regarding estate planning, qualification for government benefits and preservation of assets. This rapidly changing area of law is in a constant state of flux, as new laws and administrative rules are adopted.

At my firm — the Law Offices of Russell E. Baldwin Chartered — I have more than 34 years of experience in helping seniors and their families effectively plan for their future without draining their assets. I stay up-to-date with changes in the law, and I always take the time to explain the process and options to my clients.

I represent clients throughout Naperville, St. Charles and the western Suburbs of Chicago, Illinois. Contact me online, or call 630-717-4552 to schedule your appointment.

Finding A Cost-Effective Plan

Many elderly people fear their life savings will disappear as it becomes necessary for them or their spouses to enter a nursing home due to deteriorating health conditions. They are afraid that they will have to sell everything they have to pay for nursing home care. Presently, the average cost of nursing home care ranges from $4,000.00 to $7,000.00 per month, which means the annual cost is from $48,000.00 to $84,000.00.

With proper planning, families can care for their loved ones while preserving assets for their surviving spouses, children and heirs. The development of a well thought out strategy is crucial to successfully preserving assets. As an experienced estate planning and elder law attorney, I can help you and your family develop a strategy that navigates the complicated process of qualifying for Medicaid benefits. Most importantly, I will do this without draining your family's assets and life savings.

Medicaid Planning

As with all types of planning, timing is critical. Because individuals are expected to privately pay for nursing care and nursing home stays, a long-term illness can use up an entire life savings. Without careful planning, Medicaid benefits can be denied and innocent transfers of assets to your loved ones could cause a period of ineligibility for governmental benefits, depleting hard-earned assets that might have been used for the care of a loved one.

As an experienced elder law attorney, I can help you and your loved ones navigate the maze of governmental rules and regulations surrounding Medicaid benefits. I can prepare a variety of legal documents that will allow you to achieve your planning goals, including:

  • Wills
  • Powers of attorney for property and health care
  • Living wills
  • Trusts
  • Special and supplemental needs trusts
  • Petitions for guardianship

Better understand your legal situation by referencing our elder law terms and elder law resource links. You can also contact me online, or call 630-717-4552 to schedule your appointment with an experienced lawyer. I can help.