Our Bolingbrook elder law attorneys explain why Power of Attorney forms are an essential part of a good estate plan. The purpose of Powers of Attorney is to appoint loved ones to manage your affairs if you should become mentally incompetent through old age, illness, or disease. If you execute both a Financial Power of Attorney and a Healthcare Power of Attorney while you are still mentally competent, a costly, time-consuming, and stressful guardianship proceeding will not be necessary in order to allow your loved ones to make decisions for you if you become mentally incapacitated.

Read the full article by our Bolingbrook elder law attorneys explaining Powers of Attorney in estate planning.

In this article, our Bolingbrook elder law attorneys explain the use of living wills in a good estate plan. If you go into an irreversible coma and you have a living will in your medical file, your doctor will be instructed to terminate life supporting treatment.  This allows you to make this decision ahead of time, and take the emotional burden of the end of life decision out of the hands of your loved ones.

Read the full article by our Bolingbrook elder lawyers explaining living wills in estate planning.

In this article, our Bolingbrook medicaid lawyers explain how to plan in advance for long-term care. Long-term care can be incredibly costly.  For this reason, many people take advantage of Medicaid benefits in order to cover the cost of long-term care. However, in order to qualify for Medicaid benefits, you must have first spent the majority of your own assets. We explain how a good estate plan can allow you to use Medicaid for long-term care while still retaining your assets for your loved ones.

Read the full article by our Bolingbrook elder law attorneys explaining Medicaid planning in an estate plan.