What is a power of attorney, and why should Illinois residents have this legal document prepared? A POA is a document that offers a person protection if there is ever a point in their life when they are unable to speak for themselves, whether due to absence,...
Estate Planning
Why estate planning is not something to put off
There is no way out of it; everyone dies eventually. While this may be an uncomfortable subject, it requires discussion at some point because, when a person passes away, their family must pick up the pieces and try to settle their estate. It is far easier for them to...
How do I provide for my pet after my death?
🐱Pet Estate Planning 🐶 What NOT to do... Pets can truly be part of the family, which is why so many opt for setting up a pet trust to protect their future. But there are definitely some things that should NOT happen when you plan: 🔺 DO NOT leave the pet money in the...
What are the two most important legal documents a person with Alzheimer’s needs?
Clearly to two most important documents that person with Alzheimer's or any form of dementia need are a power of attorney for health care and a power of attorney for property. They are written documents by which a person can authorize one or more persons to take...
Problems with Do It Yourself Wills?
Just read a Kentucky case where the woman died and and had a do it yourself form will that she had done herself without the assistance of an attorney. She left everything to her husband. Problem was that her husband died before she did and no alternate beneficiaries...
What happens when you die and don’t have a beneficiary listed?
💰 FINANCIAL ACCOUNTS 💰 What happens when you die and don’t have a beneficiary listed? Your retirement account, investments, etc… Let's say you forgot to list a beneficiary on one of those accounts. It happens quite often. Many times to will go...
What is a Joint Will?
We’re married and share everything anyway. Why shouldn’t we just have a joint will? . It sounds nice. But it’s a bad idea and here’s why: . ❌ A joint will CANNOT BE CHANGED once one of you dies. . In other words, your surviving spouse can’t do anything with the assets...
If my spouse dies do I always need to make a new will?
The answer is no but you still may want to for other reasons. Many times when we prepare simple wills we provide where assets will go if our spouse does not survive. We also name a backup executor if our spouse is not alive. If you are happy with all of your original...
Your children will need a potential Guardian!!
Estate planning horror story #11: The forgotten children. . It was their anniversary, so they went out to celebrate and left the kids at home. . It was an icy, stormy day in January but they went anyway. . On their way home, they hit a patch of black ice and their car...
Is your mom or dad ready for a nursing home?
Your parent is getting up in years. He or she may not want to admit it, but it is clear that everyday tasks are becoming a struggle. You think it is time to start looking into assisted living or even a nursing home -- maybe not for use right away, but soon. How do you...
I Make Home &
Hospital Visits
Schedule A
Free Consult
Let Me Help
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
416 Main Street Suite 700
Peoria, IL 61602
Peoria Law Office Map
