Why is it that your Power of Attorney for Property may be your most important Estate Planning document?

For many people their Power of Attorney maybe their most important document. –more important than their will. You may be the type of person that is much more concerned about what will happen while they are alive. A Power of Attorney for Property allows you to appoint a person who will manage your financial affairs if you are disabled and this can affect you the rest of your life. Remember though the POA is only for decisions that need to be made while you are alive. Without a POA no one can represent you without the Court going through a Guardianship proceeding to appoint a Guardian for you. That takes time and money and the Judge may not appoint the person of your choosing. Your Guardian may be limited in what they can do and may need to go back to the Court to get permission to do things that need to be done. The POA can also specifically describe when the person you have selected can bring to act on your behalf.

William Wombacher, your Central Illinois Certified Elder Law Attorney (CELA) and Social Security Disability Specialist. I’ll help you!
Call me at 309-674-8125, visit at www.wombacherlaw.com

Serving Peoria, East Peoria, Peoria Heights, Pekin, Dunlap, Chillicothe, Morton, Washington, Metamora, Canton, Galesburg, Lacon, Henry, Bloomington, Normal and surrounding cities and counties of Peoria, Tazewell, Woodford, Fulton and Knox Counties in Central Illinois.

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The Law Office of William C. Wombacher

Local: 309-674-8125
Toll Free: 888-365-0852
Fax: 309-674-8149

Commerce Bank Building
416 Main Street Suite 700
Peoria, IL 61602
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NELFC - National Elder Law Foundation
CAP - Council of Advanced Practitioners | NAELA - National Academy of Elder Law Attorneys, Inc.
CAP - Council of Advanced Practitioners | NAELA - National Academy of Elder Law Attorneys, Inc.
Best Probate Attorneys in Peoria
Illinois State Bar Association