Blog

Planning for the future—whether for retirement, your family, or your charitable goals—often comes with important tax considerations. When emotions are involved, especially in thinking about leaving a legacy or providing for loved ones after death, tax questions can feel overwhelming.

The Aid and Attendance benefit provides extra financial help to veterans who need assistance with daily tasks. This additional payment is available to those who already qualify for a VA pension. It can help cover the cost of in-home care, assisted living, or other personal support services.

For Illinois families with children who have disabilities, long-term financial planning often involves more than providing general support. Government programs like Medicaid and Supplemental Security Income (SSI) offer crucial assistance, but those benefits come with strict income and asset limits.

For singles and couples, the path to qualifying for Medicaid can differ significantly, especially when considering income thresholds, asset limits, and long-term care needs. Having clear guidance is essential to make decisions that protect what matters most.

Turning 65 is a significant milestone, often accompanied by changes in healthcare coverage, particularly with the introduction of Medicare. For Illinois residents who may also qualify for Medicaid, traversing the system can feel overwhelming.

Planning for the future is about more than just financial investments or retirement accounts—it’s about peace of mind. For many families in Riverwoods, Illinois, elder law plays a crucial role in protecting what matters most: loved ones, health, dignity, and the legacy they leave behind.

Business succession planning is a critical step for any business owner looking to preserve the future of their enterprise. At the Law Offices of Steven H. Peck, Ltd., thoughtful estate planning goes beyond wills and trusts—it includes making sure that business interests transition smoothly to the right person.

Residents across Illinois often create legal documents to protect themselves and their families. At Law Offices of Steven H. Peck, Ltd., we have helped many Illinois residents incorporate power of attorney designations into their estate planning efforts in Cook County, Lake County, McHenry County, and DuPage County.

Creating a last will and testament in Cook County and Lake County, Illinois with help from the Law Offices of Steven H. Peck, Ltd. is an aspect of estate planning that protects your wishes after your death.

Planning for the future is one of the most important steps you can take to protect what matters most—your family, your business, and your legacy. Trusts offer a range of benefits, from safeguarding assets to minimizing tax burdens. By incorporating the right trust into your estate plan, you can make sure your wealth is preserved and distributed according to your wishes.