Waypoint Estate & Business Planning
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For over twenty years, Waypoint Estate and Business Planning has helped a wide range of clients confidently navigate complex estate and business planning issues. A particular focus of Don's practice is devoted to helping families which have children or other family members with disabilities and special needs. Waypoint Estate and Business Planning assists clients in the greater Chicago area including Lincolnshire, Mundelein, Vernon Hills, Lake Bluff, Grayslake, North Chicago, Lake Forest.

Gurnee, Libertyville, Long Grove, Lake Zurich, Buffalo Grove, Northbrook, Deerfield, Glenview, Naperville, Wheaton, Yorkville, Algonquin, Huntley, Crystal Lake, Winnetka, Hawthorn Woods, Wilmette, Skokie, Wauconda and Wadsworth in Lake County, Cook County, DuPage County and McHenry County, Illinois.
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Attorney Donald G. Olsen is the owner and founder of Waypoint Estate and Business Planning and the Law Offices of Donald G. Olsen P.C.
Since 1989, Don has helped a wide range of clients confidently navigate complex estate and business planning issues.
Don closely collaborates with other attorneys, financial planners, accountants, and insurance professionals in order to achieve the specialized planning goals of each and every client, one client at a time.
Don has extensive experience in all phases of estate planning, probate and trust administration, and estate and gift tax issues.
I am thoroughly impressed with Waypoint Estate and Business Planning.
Every interaction I have experienced with this entire team has been pleasant, informative and expedient.
Their personal touch and display of compassion while working with clients in the midst of estate planning and asset protection surpasses all of my expectations.
I appreciate their knowledge and the value they bring to each client as a trusted adviser and legal expert.
From the very first phone call with Denise to schedule a consultation I felt I was in the right hands.
Many people believe that if they have a will, their estate planning is complete, but there is much more to a solid estate plan.
A good plan should be designed to avoid probate, save on estate taxes, protect assets if you need to move into a nursing home, and appoint someone to act for you if you become disabled.
All estate plans should include, at minimum, two important estate planning instruments: a durable power of attorney and a will.
A trust can also be useful to avoid probate and to manage your estate both during your life and after you are gone.
One of the greatest fears of older Americans is that they may end up in a nursing home.
This not only means a great loss of personal autonomy, but also a tremendous financial price.
Depending on location and level of care, nursing homes cost between $40,000 and $180,000 a year.
Most people end up paying for nursing home care out of their savings until they run out.
Then they can qualify for Medicaid to pick up the cost.
The advantages of paying privately are that you are more likely to gain entrance to a better quality facility and doing so eliminates or postpones dealing with your state's welfare bureaucracy--an often demeaning and time-consuming process.
How do you leave funds for the benefit of the child without causing the child to lose important public benefits?.
How do you make sure that your other children are not over-burdened with caring for the disabled sibling, and that any burdens fall relatively evenly among the siblings?.
What is fair in terms of distributing your estate between your disabled child and your other children?.
Often, parents of children with special needs try to resolve these issues by leaving their estates to their other children, leaving nothing to the disabled children.
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