Charitable Rollover Provisions of the Pension Protection Act of 2006
During the last 10 years, the charitable community has lobbied Congress to permit owners of Individual Retirement Accounts (IRAs) and other qualified plans to make unlimited lifetime transfers to charities and to other charitable planning vehicles such as charitable gift annuities.
The following is a list of General Assembly bills alive:
Elder Abuse and Neglect Act amendments provide new power to intervene
Estate and gift tax update
Husband and Wife established an irrevocable life insurance trust for the benefit of their children by transferring two life insurance policies to the trust.
From the editor
Welcome to this year’s final issue! Coming in just under-the-wire, our issue includes a mix of case law, legislative update, book reviews and useful practice pointers.
How to make a summary care plan
When the family of a disabled person comes to see you, they are usually very excited, stressed, and under a lot of emotional and financial pressure.
Letter from the Chair
The new calendar year is upon us. It is amazing how fast my term as Chairperson of the Elder Law Section Council is going.
Note from the Chair
Six years ago, I was appointed to be a member on the Elder Law Section Council for the Illinois State Bar Association.
Notes on the 33rd annual meeting of local area agencies on aging
Sandy Markwood, CEO of the National Association of Area Agencies on Aging (cutely nicknamed N4A), proved to be an energetic Keynote speaker at the thirty-third annual meeting of the eight-county Northeastern Illinois Area Agency on Aging in Aurora, on April 13, 2007.
Section Council to present CLE on assessing capacity
The Elder Law Section Council will present a full-day Continuing Legal Education seminar entitled Assessing the Capacity of an Estate Planning Client and Implications for Representation on April 6, 2007 in Chicago.
Simple steps to avoid perjury in will signing
The article titled, “Do Witnesses of a Will Commit Perjury?” by Michael H. Erde in the June, 2006, Elder Law Section Council Newsletter prompted me to describe the will execution procedure in my office which I suggest would avoid the potential problems about which Mr. Erde writes.
Smith v. City of Jackson: A hollow victory in age discrimination cases
Two years ago, a sharply divided U.S. Supreme Court, by a vote of 5-3, made it easier for employees to bring lawsuits under the Age Discrimination in Employment Act of 1967, Pub. L. No. 90-202, 81 Stat. 602 (Dec. 15, 1967), codified as Chapter 14 of Title 29 of the United States Code, 29 U.S.C. § 621 through 29 U.S.C. § 634 (ADEA) by holding that they may bring disparate impact claims under the Act.
Spousal elections in Medicaid planning
Elder law practitioners experienced in Medicaid planning should be familiar with the spousal impoverishment provisions of the Medicaid program.