The Covid-19 pandemic has heightened awareness of estate planning needs. As family members and loved ones have unexpectedly been hospitalized over the past few months, the importance of having one’s affairs in order has become painfully evident. Forethought, planning and advice from a trusted professional can alleviate much worry, stress and anxiety, lessen burdens and frustrations, save money, and allow you to authorize who you want to make decisions if and when the need arises.
Whether it be a Power of Attorney for Health Care which authorizes someone to speak with your physician and make medical decisions, a Power of Attorney for Property which could authorize a spouse, family member, etc. to have access to an IRA to help pay for your care, or a Revocable Living Trust to streamline your financial affairs in the event you become incapacitated and avoid probate if you pass away. All of these estate planning devices and strategies need to be put in place BEFORE an emergency arises.
Our law firm has served individuals, families and businesses in Schaumburg and the northwest suburbs for 60 years. Estate planning is a major focus of our practice. We are considered an essential business authorized to stay open during the shelter at home restrictions. Our attorneys have been meeting clients at our offices and fulfilling their needs while practicing social distancing and following all of the recommendations of medical professionals. We have also been consulting via video conferencing and electronically to meet the needs and concerns of our clients.
This increased awareness of the necessity to have a Will, Trust, and Powers of Attorney in place may very well lead to a surge in demand over the upcoming weeks and months as social distancing restrictions will gradually lift and people may feel more at ease to prudently address their estate planning needs. Rest assured that Kelley, Kelley & Kelley will continue to be here to help protect you and your loved ones and meet your needs. Please call our office at 847-895-9151 or email Bill Kelley at wfkelley@kelleykelleykelley.com if we can be of service to you.
Be safe and be well.
William F. Kelley
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