Options for Protecting Medicaid and SSI Benefits after a Windfall

Options for Protecting Medicaid and SSI Benefits after a Windfall By: SJ Chapman, J.D., Bielski Chapman, Ltd. If you are receiving a lump sum windfall, such as a lawsuit settlement, and you receive either SSI or Medicaid (or both), you will be temporarily cut off from your benefits until you re- qualify. You can avoid … Continued

Types of Assets Subject to Probate

Types of Assets Subject to Probate in Illinois By: SJ Chapman, J.D., Bielski Chapman, Ltd. Probate assets refer to any property (“asset”) owned by a decedent that must go through probate court to be transferred to the people who will ultimately inherit them. Probate is an expensive public proceeding, so if you want to maximize … Continued

Estate Planning for Property Transfers to a Non-Citizen Spouse

As a general rule, spouses can transfer an unlimited amount of property to each other  without paying tax on the transfer.[1] The rule includes transfers made upon death.[2] The so-called “unlimited marital deduction” delays taxation on the transfer of property until it is transferred out of the marital unit. The rule applies to US citizens … Continued

Listing Your Chicago Property on Airbnb

Listing your Chicago property on Airbnb may seem lucrative, but if you’re not careful, it can cost you. Homeowners who want to list their property must be careful to avoid penalties by paying attention to the restrictions in the Chicago Shared Housing Ordinance and their building’s governing documents. The restrictions are noted below, along with … Continued

Request a Consultation

When you are ready to get started, simply fill out the form or give us a call at (312) 583-9430 to request your initial consultation

Bielski Chapman, Ltd.
(312) 583-9430

Bielski Chapman, Ltd. is a full service Estate Planning practice that provides comprehensive planning in
the areas of wills, trusts, powers of attorney, health care directives, guardianship, probate and trust
administration, real estate law, business formation, business succession, asset protection, estate tax
planning, charitable planning and special needs planning. Bielski Chapman, Ltd. serves clients and their
families all throughout Chicago, IL and the surrounding areas of Oakbrook Terrace, Hinsdale, Clarendon
Hills and DuPage County.

* required information