Newland Law Centers, LLC
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Cook and Lake County

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Careful Estate Planning Can Help You Qualify for Medicaid

Written by Charles Newland

an older person in a hospital, trust attorneysCareful estate planning can help older or disabled individuals obtain eligibility for Medicaid without depleting their assets, preserving some or all of their wealth while helping them avoid penalties. While the creation of trusts is an attractive solution for many Medicaid applicants, only certain types of trusts are effective for avoiding asset limits, and specific rules apply. Read More

Trusts and Wills: Why You Need Both

Written by Charles Newland

a person standing in a will paperIndividuals should consider creating both a trust and a will to help ensure that all of their assets are protected and distributed in accordance with their wishes. While a will alone offers a number of benefits, the documentation becomes public information upon a person’s passing and a will is subject to probate, which can be extremely costly sometimes. Read More

Does Bankruptcy Affect a Settlement Award?

Written by Charles Newland

bankrupt letters on blocksThe disbursement of settlement proceeds may be significantly impacted for individuals who have filed personal injury claims before filing for bankruptcy or throughout an open bankruptcy unless they take certain steps to preserve their settlement funds. Taking the following steps can help ensure that individuals have more control over their settlements, preventing unwanted circumstances from negatively affecting them. Read More

Converting a Chapter 13 Bankruptcy to a Chapter 7

Written by Charles Newland

trouser-pockets empty, bankruptcyConverting a Chapter 13 bankruptcy to a Chapter 7 is sometimes a solution that better meets the financial needs of some consumers, but it may not be the best choice for everyone. Chapter 7 bankruptcy is often an attractive option for debtors as it wipes out most debt owed, while Chapter 13 requires a portion of the debt to be repaid. Debtors need to meet certain guidelines to qualify for Chapter 7. Read More

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We represent clients in Arlington Heights, Chicago, the Northwest Suburbs, and Lake County. Contact our office at (847)797-9300 to schedule a free consultation.

Cook County OFFICE

3601 W Algonquin RD, STE 990
Rolling Meadows, Illinois 60008

LAKE COUNTY OFFICE

728 Florsheim Dr
Libertyville, Illinois 60048

CONTACT US

Phone: (847) 797-9300
Fax: (847) 797-9301