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.