Nov 11, 2014
By Rick Law of Law Elder Law in Chicago, IL
Keith and Diane came in for planning. They both had just turned 62 and they had been married to each other for 40 years. Diane stayed home until their two children were both in school. She took a part-time job so she could still be available to be the room mother, to be home when the children got home from school, and to attend all her sons’ after-school sporting events and other extracurricular activities. Keith had a good job at a local factory and had worked his way up from the tool room to management.
Diane eventually went to work full-time when the boys were in junior high, so down the road there would be more money for things like college tuition and weddings. The children are grown and doing well. College tuition and weddings are behind them, and they even have a couple granddaughters. It was time for Keith and Diane to think about their retirement ride.
They hoped to cruise through retirement and enjoy this time of their lives traveling, taking the grandchildren to Disney, and comfortably growing old together. They were smart enough to know that they needed help. They wanted to make sure that they had a plan in place that would provide for their future and leave an inheritance for their children and grandchildren.
They came to us for guidance. We created estate plans for Keith and Diane, complete with powers of attorney for healthcare and property, pour-over wills, several trusts, probate avoidance, and real peace of mind. We have become their trusted roadside assistants for the retirement ride.
If you’re ready to start getting your estate in order and secure your assets for the “worst-case” scenario, please give our office a call at 800-310-3100 or 630-585-5200. Your first consultation is absolutely free. We’ll let you know what steps you need to take, right now, to protect yourself and your family. Call now.
Rick L. Law, Attorney, Estate Planner for Retirees.
Rick was named the #1 Illinois elder law estate planning attorney by Leading Lawyer Magazine. He has been quoted in the Wall Street Journal, AARP Magazine, TheStreet.com, and numerous newspapers and articles. Rick is the lead attorney for Law Elder Law, LLP, focusing in Estate Planning, Guardianship, and Nursing Home Solutions. His goal is to give retirees an informed edge when it comes to dealing with an uncertain future. Get flexible retirement strategies that work during good times and bad, plus information on how you can save your home and assets from being used to pay for long term care.
My wife and I had our first child three years ago. That’s when we decided to set up a trust, should anything happen to either of us. We reached out to Zach Hesselbaum to help us out. He was very thorough and professional throughout the whole process. Zach went above and beyond to make sure that we understood every detail of setting it up and he did an excellent job. We recently had our second child a few months ago. With the new baby, he helped us make the necessary revisions to the trust. Zach made this process great for us! I would definitely recommend using him for any of your estate planning needs!
Tom G., Naperville, IL