Long-Term Care Planning: Getting Your Affairs In Order with Lauren Weldon (Ep. 11)

Dollars and Sense: Creating Your Fulfilled Life

11-01-2023 • 48 mins

As we are living longer and healthier lives, we often take for granted that one day, our situation might change. Planning ahead for your long-term care now can help you avoid unforeseen expenses in the future.

In this episode, Nicole is joined by Lauren Weldon, a partner at Margolis Weldon LLC who specializes in elder law and estate planning. Listen as Lauren shares real-life stories and scenarios, and details what can happen in less-than-ideal situations when it comes to long-term care planning.

Lauren discusses:

Her work as an elder law attorney and why some people require her services
The importance of having a trustworthy, and capable Power of Attorney
Why having conversations as a family is integral to your long-term care plan
The difference between Medicare and Medicaid
And more

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About our Guest:

Lauren Weldon is a partner at Margolis Weldon LLC in Parkridge, Illinois. She founded the firm in 2015 with Matt Margolis and has a career as an elder law attorney. Lauren graduated from the University of South Carolina and obtained her law degree from John Marshall Law School.

Lauren lives in Mt. Prospect with her husband, a labor and employment attorney, their six kids, two cats, and two dogs. In her free time (the little of it she has) Lauren enjoys riding her horse and spending time outdoors with her family and friends.