Bott & Associates, Ltd.

You’ve decided on a nursing home for your parents, for example. Now, what’s needed for the admissions process to a long-term, skilled facility? A physician’s order for admission. A state-required form that certifies your parent meets nursing home criteria, which…

Many people believe that an easy way to avoid probate and enable your children to assist you as you age is to add your children to your bank accounts and even the deed to your home. But this strategy doesn’t…

The concept of retirement is stressful for many people. Retiring in and of itself can be worrisome because it essentially entails a life where you no longer work yet you still need to support yourself. In addition to worrying about…

What exactly is nursing home preplanning and when do you need to start thinking about it? Ideally, nursing home preplanning happens about five years or more before you think you or a loved one will need long-term care. Many seniors…

Executors have a high level of responsibility for as long as the probate process drags on — which can even be years in some cases. Your main objective? Prevent estate assets from being damaged or depreciated. You must make decisions…

The inflationary cycle we are now in is causing anxiety for many consumers. Coming on the heels of the disruptions caused by the COVID-19 pandemic makes it feel even worse. And then there is the prospect of a future recession.…

Illinois Man Dies Of West Nile Virus The unexpected happens all too often, it can sneak up on you and your family and sometimes it is not for the better. Earlier this year a man died of the West Nile…

With a series of recent changes, and some possible future modifications, many are confused about the withdrawal rules on retirement accounts. To start with, the SECURE (Setting Every Community Up for Retirement Enhancement) Act, which became law on Dec. 20,…

Bankruptcy Lawyer Chapter 13 bankruptcy requires you to pay back your debts through a three to five year repayment plan. One of the main benefits of Chapter 13 is that you get to keep your assets. However, getting through Chapter…