01/04/2010 11:51:05 AM EST
Hot Topics in Elder Law for the Week of 1-4-10
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The Department of Human Services adopted emergency amendments to the OIG’s investigations of alleged abuse or neglect in state-operated facilities and community agencies (59 Ill Adm code 50; 33 ill reg13489) implementing public act 96-407. This covers financial exploitation, mental, physical, and sexual abuse.
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See AARP Oct 2009 in regard to the high cost of dying: get a price quote and read the funeral contract; be careful with a Medicaid qualified prepaid policy; can you or should you transfer life insurance to the funeral home; vertical settlements; and more.
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A substitution of judges in a Cook County guardianship matter should be heard by another judge, according to the Illinois Supreme Court (In re Estate of Mary Ann Wilson).
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Insurers are providing new products that combine long term care insurance with either life insurance or annuities. (See The Elder Law Report volume xxi number 2009)
Michael H. Erde has been practicing law in Chicago for over 39 years. He was a member of the Board of Governors of the Northwest Suburban Bar Association and a former chairman of their estate tax and elder law committee, the Chicago Bar Association's Probate Committee, and the Illinois Bar Association's Trust Committee. He is a certified Elder Law Attorney, certified by the National Elder Law Foundation (the Supreme Court of Illinois does not recognize certification) and he was a member of the Illinois Alliance for Aging. He is on the board and Treasurer of the Greater North Shore Estate Planning Council, and formerly served on the Board of Directors of the Irene Josselyn Center for Mental Health. He was a founder of the Chicago Bar Association Asset Protection Committee and chairman of its Elder Law Committee.