DuPage County Lawyers for Creating Powers of Attorney
Estate Planning Attorneys Helping Clients in Wheaton, Elmhurst, and Throughout the Area
Experts suggest that only about half of Americans have even the most basic of estate planning documents in place. Unfortunately, this means that the other half have virtually no plan for their assets and property in the event of an incapacitating illness or death. At A. Traub & Associates, we understand that your family's security should not be taken lightly, and we are equipped to help you find the right estate planning tools to meet your unique needs.
Legal Advocates in DuPage County for Powers of Attorney
While you may have already drafted a will to ensure that your final wishes are met, there are many other things you will need to consider. Many of these include how your affairs are to be managed while you are still living, but unable to make the decision for yourself. The law in Illinois allows you to grant such authority to another person or entity by utilizing an instrument known as a power of attorney. Powers of attorney may be used to address different aspects of your life, depending on your particular circumstances. Our skilled lawyers can help you select the right type of power of attorney as well the person or people best-suited to act on your behalf.
Power of Attorney for Property
If you were to become incapacitated by serious illness, injury or other condition, it might be impossible for you continue making your own financial decisions. A power of attorney for property can grant decision-making authority to the agent you choose under terms that you can set in advance. Your agent will be responsible acting in good faith on your behalf while maintaining accurate records of any actions he or she takes. We will assist you in creating a power of attorney for property that offers you the peace of mind you deserve.
Power of Attorney for Health Care
A power of attorney can also be used to allow another person the right to make decisions regarding your medical care if you are not able to do so. Known as a power of attorney for health care, this authority can be granted to a person you trust to make health and medical decision on your behalf. You can provide your power of attorney for health care with tools such as a living will or other advance medical directives that address how you want medical decisions to be made.
Planning for the Future
Choosing the right estate planning instruments can be challenging, so it is important to get responsible legal advice along the way. Contact the Lombard office of A. Traub & Associates to learn more about how we can help you provide your family with the security and peace of mind they deserve. Call 630-426-0196 today to schedule an appointment.