Insurance is not mandatory when it come to planning for the future. Illinois residents who are thinking about long term care planning have other options aside from purchasing basic long term care insurance policies. Besides, many of these insurance companies are becoming pickier about who they accept to insure.
For those who haven't revamped their estate plans since the Trump administration, perhaps they should seriously consider it. Since Donald Trump's government made changes to federal tax laws, Illinois residents will find they will be able to leave more tax-free assets to their beneficiaries. Trusts, although still useful in many respects, may not be the only way of tax sheltering wealth.