Elder Law Lawyer Schaumburg, IL
It’s important to know that you’ll be cared for when you’re getting older, and an elder law lawyer in Schaumburg, IL can help. Read on to learn more about power of attorney and guardianship, and get in touch with the professionals at Bott & Associates, Ltd. today to get started.
Here’s Why You Need To Establish Power Of Attorney
A power of attorney is an important document. It gives someone else the authority to act on your behalf, legally and financially. Someone with a power of attorney can intervene if you’re no longer capable of making sound decisions regarding your estate, whether temporarily or permanently.
Why would you want someone else to act on your behalf? There’s plenty of reasons. Some people have a history of mental illness or neurodegenerative diseases, such as dementia or alzheimer’s. In these cases, it may be a smart decision to get in touch with a Schaumburg elder law lawyer to plan out who gets power of attorney.
A power of attorney can also help if you’re concerned about your wellbeing in the event of an accident. It’s an important safety net, and it goes without saying that the person who is granted power of attorney is someone you can really trust. You may want to consider naming that trusted person as a guardian as well.
Taking Care Of Anyone? Name A Guardian
When you’re planning your future, you need to think about anyone who might be depending on you for their health, safety, and overall wellbeing. Whether they’re children, elderly parents, or adult relatives with disabilities, they’ll need continuing care – even when you’re not around to provide it.
Fortunately, you can name a guardian who can step in in case of emergencies. Much like whoever is granted a power of attorney, a guardian needs to be someone you can trust.
If they’re named as a guardian of the person, they’ll have to continue to maintain the same standards of care that you provided: shelter, food, clothing, and everything else that comes with making sure someone under your care is protected and living his or her best life.
On the other hand, if someone is named the guardian of the estate, they’ll be responsible for making financial decisions on behalf of whoever they’re caring for. This is particularly useful if they’re taking care of some money you’re leaving behind for children. Whichever you choose, and whichever you need, it’s a good idea to get in touch with a lawyer to learn more about the details.
Get In Touch With A Lawyer Today
Whether you’re trying to keep yourself safe or ensure your children are cared for, a lawyer who specializes in elder law is a valuable ally. The right legal team can help you protect your loved ones (and your assets) when you’re unable to do so, and they can also walk you through all the ins and outs of proper estate planning.
Elder law can be complicated, but the best way to ease your stress and apprehensions is to contact a lawyer. Fortunately, the team at Bott & Associates, Ltd. is ready to help.
Contact Bott & Associates, Ltd. Today
At Bott & Associates, Ltd., we know a thing or two about planning for your future. Get in touch with us today for a free consultation, and see how a Schaumburg elder law lawyer from our office can help you protect what matters most.
How Can An Elder Law Lawyer Help Me?
A Schaumburg, IL elder law lawyer specializes in matters affecting older adults and their families. Whether planning for your future needs or assisting an aging loved one, an elder law attorney can provide invaluable guidance and support. Here’s how they can help:
Estate Planning
One of the primary services elder law attorneys offer is estate planning. They can help you draft documents such as wills, trusts, and powers of attorney. These documents ensure that your assets are distributed according to your wishes and that someone you trust is designated to make financial and medical decisions on your behalf if you become incapacitated.
Medicaid Planning
Paying for long-term care can be a significant concern for older adults and their families. Elder law attorneys are well-versed in Medicaid laws and can help you navigate the complexities of qualifying for benefits. They can assist with strategies to protect assets while still qualifying for Medicaid coverage for nursing home care or home-based services.
Long-Term Care Planning
Planning for long-term care involves more than just Medicaid. A Schaumburg elder law attorney can help you explore various options for financing long-term care, such as long-term care insurance, veterans’ benefits, and private pay options. They can also provide guidance on choosing the right type of care and ensuring that your wishes are honored.
Guardianship And Conservatorship
In cases where an older adult can no longer make decisions for themselves and does not have appropriate legal documents, such as powers of attorney, guardianship, or conservatorship may be necessary. An elder law attorney can help you petition the court for guardianship or conservatorship to ensure the individual’s needs are met and their rights are protected.
Elder Abuse And Neglect
Unfortunately, elder abuse and neglect are serious concerns for many older adults. An elder law attorney can help you take legal action to protect yourself or a loved one from abuse or neglect. They can also provide guidance on reporting abuse to the appropriate authorities and seeking compensation for damages.
Social Security And Retirement Benefits
Maximizing Social Security and other retirement benefits is essential for many older adults. An elder law attorney can help you understand your rights and options regarding Social Security benefits, pensions, and other retirement benefits. They can also assist with appealing denied claims and resolving disputes with benefit providers.
Special Needs Planning
If you have a loved one with special needs, it’s essential to consider their future care and financial needs. An elder law attorney can help you create a special needs trust or other legal arrangements to ensure your loved one’s needs are met while preserving their eligibility for government benefits.
Elder Rights Advocacy
Elder law attorneys are strong advocates for the rights of older adults. Whether you’re facing age discrimination, issues with nursing home care, or disputes over healthcare decisions, an elder law attorney can provide legal representation and support to protect your rights and best interests.
Contact Our Firm Today
A Schaumburg elder law attorney can provide a wide range of services to older adults and their families, from estate planning and long-term care planning to elder rights advocacy and legal representation. Whether planning for your own future needs or assisting an aging loved one, the legal team at Bott & Associates, Ltd. can help you navigate complex legal issues and ensure your wishes are honored.