Estate Planning & Elder Law Firm in Naperville, Illinois

Kabbe Law Group, LLC

1111 South Washington
Suite 100
Naperville, Illinois 60540
USA

(630) 219-4200

(866) 910-7759

www.kabbe-law.com

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Law Firm Overview Free Consultation

At Kabbe Law Group, LLC, we assist our clients with elder law, Medicaid eligibility and crisis Medicaid planning, veteran’s benefits, estate planning, special needs trusts, asset protection, business succession planning, and high net worth estate planning (including charitable planning and planning for art collections).

Elder law and estate planning are about making sure that your ship is seaworthy. We want to provide you with the foundation you need to get you and your family to your destination—and weather any storms you run into along the way.

Practice Areas

Additional Practice Areas: Special Needs Trusts; Charitable Planning; Medicaid Planning; Veterans Benefits; Guardianship; Trust Administration; Trust and Estate Litigation; Estate and Incapacity Planning; High Net Worth Planning; Business Succession Planning.

Practice Areas Description

Kabbe Law Group, LLC provides legal representation and services in the following areas of practice:

- Estate Planning

Our law firm offers a variety of estate plans to help you reach your goals for your family. The right planning gives you the confidence that you will be able to deal with whatever happens along the way. And there are several legal documents that everyone should take with them on their life journey. Financial expert Suze Orman has a saying, “people first, then money, then things.” We’re firm believers in that philosophy. But we are going to switch it up just a little while we walk through some of the legal tools at our disposal. We’ll start with your money and things, and then take look at tools for the people in your life — including yourself.

* Special Needs Trusts

A special needs trust is designed to benefit someone who has a disability and is currently, or may sometime in the future, receive public benefits. Having a special needs trust can make a big difference in your loved one’s quality of life. There are two basic kinds of special needs trusts, based on whose assets are used to create the trust: third-party and self-settled.

* Asset Protection

Asset protection makes particular sense for business owners and those at high risk of frivolous lawsuits, such as doctors and dentists. But anyone who is concerned about lawsuits or creditors can benefit. One important note: asset protection isn’t something you put in place when a lawsuit is imminent. So plan ahead. These strategies are often recommended as part of a comprehensive plan to achieve your wealth transfer, asset protection, and privacy goals.

* Charitable Planning

Charitable planning is first and foremost about helping your philanthropic causes. And through the use of advanced estate planning techniques you and your charities can get more out of the giving you’re already doing. Your favorite charities can get a significant boost from your charitable planning: Predictable future gifts made as part of an overall estate plan provides the charity with planning and budgeting certainty: Charities can receive charitable gifts sooner—often during your lifetime, rather than waiting until you pass away.

- Elder Law

Hardly anyone wakes up in the morning and decides “I became a senior citizen today, so it’s time to make some changes.” But the reality is that by the time someone realizes they need help (or, usually, their family realizes), it’s often too late to fix any problems easily. The challenges come with the territory from being older: living on a fixed income; increasing medical bills; assisted living or nursing home care; and loss of capacity. All wrapped up in a bundle of extreme uncertainty. It serves to make planning for seniors very different from traditional estate planning. If you’re over the age of 55, you don’t just need a regular estate plan, you need an elder law and long-term care plan.

* Medicaid Planning

Nursing home expenses can be like the stream that carves the deep canyon. Each bill isn’t catastrophic. But two or three years later you look back and wonder where all the money went. There are four basic ways that people pay for in-home care, assisted living, or nursing home care: Private Pay; Long Term Care Insurance; Medicare; Government Benefits Programs. We never know if we will run into bad weather on our life journey. A storms might always be lurking unseen, just over the horizon. How we ride out that storm—or even avoid it entirely—depends upon our level of preparation.

* Veterans Aid and Attendance Pension

Millions have served our county in the armed forces. But most don’t know that they may qualify for a veteran’s pension from the Department of Veterans Affairs that could pay them up to $1,949 each month. For those facing declining health and strained resources, the VA Pension can be a difference maker; The difference between hiring the caregivers that are desperately needed and relying on a spouse who may be declining also; The difference between staying in your own home and being forced into a nursing home on Medicaid.

- Guardianship

A guardian is someone with legal authority to make decisions for another person (who is called the ward). A person may need a guardian due to being a minor, having an illness or disability, or incapacity. The guardianship process is a judicial one. A guardian is initially appointed by the court. But the court’s power doesn’t end there. A guardian must continue to report to the court on the status of the ward until the guardianship is lifted. Many people like to avoid the use of guardianship unless absolutely necessary because of that court oversight.

- Probate and Estate Administration

When a loved one passes away, their estate needs to be administered. That means transferring their assets according to their estate plan, as well as wrapping up some of the loose ends from their life. How the estate will be handled is determined by the type of asset and the estate planning steps your loved one took during their lifetime. There are five basic ways most assets are handled: Joint Tenancy; Beneficiary Designation; Probate; Small Estate Affidavit; Revocable Living Trust.