You can’t close it if assets are still in it. THIS IS NOT A DO IT YOURSELF PROJECT. YOU NEED AN ATTORNEY TO DO IT RIGHT! First things first, make sure all of the assets are distributed and out of the trust. Next, let the beneficiaries know you are going to close...
Firm News
Going it alone is stressful!
Most of the people we meet in our office come to us during a very stressful moment in their lives, usually during a crisis. . If you are trying to navigate end-of-life situations right now, or have a Social security Disability claim, please know that we are here for...
How to choose a nursing home for an elderly parent
Even if you're doing as much as you can to keep an elderly parent out of a nursing home, there may come a point when it's not enough. You need to do what's in the best interest of your loved one, and that often means moving them to a facility where they can receive...
Most think estate planning is important but haven’t done it
Do you think estate planning is important? Most people quickly say yes, almost feeling like it's obvious that they need an end-of-life plan. Everyone will, eventually. They know that they have to take that step and get everything in order.That fact was recently backed...
SSD applicants in Peoria can expect quick processing times
While the average person doesn't know much about Social Security Disability benefits, they probably know that applicants often face rejection even for qualified claims and that people end up waiting months or even years to get the benefits that they need. Many people...
Why people choose to move their parents to nursing homes
Your parents have cared for you all your life. They’ve been there for every up and down in your life and you may feel that it’s your duty to return the favor later when they can’t take care of themselves like they used to. Caring for an aging parent...
Most Americans find estate planning confusing
Estate planning is a wise financial decision for those of any income level. Estate planning is for all parents, homeowners and business owners who want their children, home and/or business protected. Unfortunately, this is unknown to 74% of respondents that took part...
What should I do if my SSDI claim was denied?
The physical, emotional and financial effects of a disability are widespread. They can prevent you from participating in activities you used to love. And you and your family could face significant medical expenses while you cannot work.Social Security Disability...
Why should you avoid a do-it-yourself will?
You may have heard about websites that advertise cheap estate planning tools. This may seem like an easy alternative to making a will with a lawyer. However, there are a number of things to watch out for concerning do-it-yourself (DIY) wills.DIY wills often...
Which is better: revocable or irrevocable living trusts?
A living trust is a trust you make during your lifetime, instead of one made on your behalf after your death. Because a living trust is made during your lifetime, there can be many benefits to creating one. However, some of the benefits you receive will depend on the...
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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
416 Main Street Suite 700
Peoria, IL 61602
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