Southern Illinois Estate Planning and Estate Protection Attorneys
An Illinois Estate Planning Lawyer will Help You Preserve Family Wealth
At SI Elder Law, LLC, our estate planning attorneys strive to preserve family wealth – if not for this generation, then the next.
SI Elder Law works with families to find different sources to pay for long-term care, rather than an elder’s bank account. SI Elder Law works with VA and Medicaid laws to make sure that our clients are receiving the most benefits possible.
Start Planning for Your Future Now
The costs of long-term care are high, and need to be considered carefully to ensure you have the funds available without depleting all your assets. Long-term care costs include:
- Care at home
- Assisted living care
- Nursing home care
Even if you have long-term care insurance, you still need effective elder law planning to cover the costs when your long-term care insurance runs out. In most instances, SI Elder Law is able to save at least half of your assets. This means that you will be able to leave a legacy to your family instead of giving it to the nursing home or caregivers.
Are you ready to take the first step toward a better, more prosperous future for you and the ones you love? Use the form to schedule your free estate protection consultation to learn how we can help you protect the money and property you’ve worked so hard to get.
Read on to learn more about protecting your estate. For more information on Medicaid Planning or VA Benefits, please contact us or visit the following pages:
Ready to Plan Your Estate?
Fill out the form below or call us at (618) 912-4271
to schedule your free consultation with the estate protection attorneys at SI Elder Law.
Estate Planning in Illinois
Estate planning in Illinois is the process in which you create legal documents that outline the disposition of personal and real property upon death – in other words, saying who gets what when you die. The most common legal tools used are the last will and testament and a living trust. The specific documents that you need depend on your specific situation. Estate planning is particularly important for people who are married with minor children, older adults who have a disabled spouse or a disabled adult child, or nontraditional families or couples.
Estate Administration / Probate
Estate administration is called “probate” in Illinois. It is the legal process of going through the court system to distribute property upon death. Although hiring an attorney is not necessary for all estate administration situations, a consultation with a lawyer may be helpful to determine if estate administration is necessary, and to explain how to smoothly go through the process.
Estate Planning Documents
We use legal instruments like last will and testaments and living trusts that outline the disposition of personal and real property upon death (who you give your belongings to when you pass away). By having the proper documents in place and executed properly, clients can avoid probate, a legal process in which the courts administer and distribute the estate (property) of the deceased.
Powers of Attorney
You have a better chance of becoming disabled than dying prematurely, which is why it is important to have the right people in charge of your finances if you become disabled. SI Elder Law helps create the power of attorney documents with specific powers to allow you to plan in the future, such as minimizing taxes, and planning for Medicare, Medicaid and VA benefits.
Tax Avoidance Planning as an Estate Protection Strategy
The IRS sets out rules that must be followed in order to avoid paying an estate tax, also known as a death tax. Just like Medicaid and VA laws, tax avoidance planning is set out in statutes about the steps that must be taken to avoid any death tax. SI Elder Law knows those rules and regulations and will set up a plan to help your relatives and loved ones receive your legacy with minimal taxes. This is often important for farmers who may be land rich and cash poor.
Medicaid and VA Planning
Attorneys must tell the wealthy how to protect their assets from the death tax. However, only elder law attorneys like SI Elder Law help the middle class protect their assets from long-term care expenses, such as nursing homes, assisted living, or care at home. We can help with specific cases regarding Medicaid Planning and VA Planning.
An Estate Planning Lawyer is Ready to Help You Protect What You’ve Earned
The estate planning attorneys at SI Elder Law, LLC, have the experience to help you protect your assets and ensure your wishes are carried out after you pass away. Our firm focuses on elder law, including helping Southern Illinois seniors plan for a prosperous future for themselves and the ones they love. Turn to SI Elder Law to ensure the preservation of your estate.
There are very few lawyers in Southern Illinois who concentrate on elder law issues like SI Elder Law does. Our attorneys have a long track record of success for a large number of clients. Our goal is to protect your assets and make sure your wishes are carried out.
Don’t put it off any longer! We are ready to provide experienced legal help in developing an estate plan that protects what you have worked so hard to build so that you can leave a legacy for your heirs. Because of our long experience as elder law attorneys in Southern Illinois, we can help you in a timely and cost-effective manner.
Our lawyers stay up-to-date on the latest federal laws and State of Illinois rules and regulations affecting estate protection matters. SI Elder Law Attorneys are Members of the National Academy of Elder Law Attorneys and are very active with the Illinois Chapter of The National Academy of Elder Law Attorneys. SI Elder Law Attorney and Owner Tiffanny H. Sievers is a past-president of this board and regularly presents seminars to other Illinois Elder Law Attorneys.
Talk to the estate planning lawyers at SI Elder Law now during a free initial consultation about your situation and your goals. Get started using the form below.