Practice Areas
Estate Planning & Elder Law
Don't Leave Your Future to Chance
Illinois Estate Planning and Elder Law Attorneys
Stock, Carlson, Flynn & McGrath, LLC
Estate Planning
If something were to happen to you tomorrow, do you know what would
happen to your assets? Have you left behind legal documentation
governing the allocation of your assets and the transfer of your
property to your intended beneficiaries? Failure to leave behind proper
estate planning documents can result in costly, time-consuming probate
hearings for surviving family members, and potentially leave your
assets to people who are not deserving of them, or even to the State.
At the Wheaton, Illinois law firm of Stock, Carlson, Flynn & McGrath, LLC,
our lawyers explore trust and will arrangements that facilitate the
easy resolution of your specific estate planning needs. Understanding
how to avoid potential problems is an important component in every
estate plan. Our estate planning attorneys guide you through tax
considerations, asset distribution options, and other issues to ensure
your wishes are in order.
Not Just Planning for Death
Estate planning should be more that just planning for the
distribution of your assets after you are gone. It can also help you
maintain, increase, and plan for the proper use of your assets during
your lifetime. Estate planning might include setting up a trust to
fulfill your obligations to your children under a divorce judgment,
while protecting it from the interference of your ex-spouse. It might
include protecting the value of your business - or other assets - in
the event of your disability.
Advanced Directives
Estate planning should also include advance directives concerning
issues of your health and medical care such as Health Care Powers of
Attorney and Living Wills. This issue has been in the news lately and
has been the subject of heated debate. Whatever your personal feelings
on the issue, contact the Wheaton, Illinois law firm of Stock, Carlson,
Flynn & McGrath, LLC. We can help you make sure that your health
care conforms to your beliefs and wishes if you should become unable to
communicate those beliefs and wishes in the future.
Elder Law
Many adult children of elderly parents find themselves in need of
guidance when charged with putting their parent's affairs in order.
Understanding the documentation and preparation of records needed, our
attorneys will work closely with you to provide for the needs of your
mother, father or other family member.
Our estate planning lawyers advise, counsel, and represent clients in the following areas of elder law:
- Living Wills
- Living Trusts
- Powers of Attorney
- Testamentary Trusts
- Special Needs Trusts
- Advanced Directives
- Guardianship Proceedings
- Simple and Complex Wills
Confronted with Long Term Elderly Care Needs?
Most elderly Americans who own homes may have trouble qualifying for
governmental programs. The expensive cost of private health insurance
often means seniors are unable to keep their homes to pay for health
coverage. Additionally, long-term care is not covered by Medicare.
In many cases, arrangements can be made to help seniors qualify for
benefit programs without requiring a liquidation of their assets. The
elder law attorneys at Stock, Carlson, Flynn & McGrath, LLC can
explain these options and guide you in the right direction. We work
directly with trust management companies who can assist you in taking
advantage of allowances within the law for providing long term Medicaid
coverage to the elderly.
Contact
the law firm of Stock, Carlson, Flynn & McGrath, LLC today for more
information regarding our practice. We represent clients throughout
Cook, DuPage, Lake and Kane County, as well as in the cities of
Naperville, Wheaton, Rolling Meadows, and Glen Ellyn.
We accept the following major credit cards:
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