Deficit Reduction Act of 2005 & Illinois Law

In Impending Regs Affect Planning for Clients Facing Long-Term Care, 95 Ill B.J. 66 (2007), Helen Gunnarsson explains how Illinois “is on track to issue new regulations that will make it harder for clients who are headed for nursing-home care to hang on to assets.”  Her article details how “[e]lder law and estate-planning practitioners need to be prepared with new strategies for the new rules.”