Law Office in Morrison, Illinois
Avoid probate of your Estate with a LIFE ESTATE DEED. This is a cheap way to possibly complete your estate plan and avoid probate! If you would like to talk about it or any other estate plan needs call me at 815-383-7113 or message me here on Facebook. Licensed in Illinois.
POA FUNDRAISER FOR WHOA
Thank you to everyone who participated in the Power of Attorney Fundraiser for the Morrison Food Pantry! Thanks to you, we were able to donate $460. Because of this success, we have decided to do another fundraiser to benefit White Oaks Therapeutic Equestrian Center (WHOA) in Morrison.
UNTIL MAY 31, 2021, FOR A DONATION OF $10 PER POWER OF ATTORNEY FORM ($20 per set for both Medical and Property), BRIAN WITT LAW WILL PROVIDE AN ESTATE PLANNING CONSULTATION AND COMPLETE YOUR POWER OF ATTORNEY FORMS. ALL PROCEEDS WILL BE DONATED TO WHOA!
“WHOA was established for the purpose of providing recreational, educational, therapeutic, and social opportunities for people with disabilities.” As a “graduate” of WHOA, I have firsthand knowledge about the great service that WHOA provides to Morrison and the surrounding areas. For more information about WHOA, visit http://www.rideatwhoa.org/.
To schedule an appointment or for more information, call 815-383-7113, or email [email protected]. This is a great opportunity to start thinking about your estate plan and help a good cause!
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We raised $460 for the Morrison Food Pantry during our POA for Donation event! I am thrilled to have helped many people get Power of Attorney documents completed while also being able to provide much needed assistance to the Morrison Food Pantry!
Did you know that in some cases a simple life estate deed can protect your house for Medicaid purposes and help avoid probate?
When using a life estate deed, you transfer your residence to trusted friends or family members, typically your children, while retaining a life estate. By transferring the residence, you are transferring your legal ownership in the residence. The life estate allows you to stay in your house for the rest of your life provided that you continue to pay for insurance and real estate taxes as well as provide maintenance to the house. In simple terms, a life estate is a lot like a residential lease but the new owner, your family members or friend, cannot evict you. A life estate is a type of ownership in the property. For practical purposes, the family member or friend will not be able to sell the house because you will still have a life estate in the house, and it is very improbable that someone would purchase a house subject to your life estate.
By transferring the house at least 5 years before needing to apply for Medicaid for nursing home purposes, the state cannot require you to sell the house to become eligible for Medicaid. A life estate deed can state that it expires when the life estate holder has not been able to reside there for 6 consecutive months.
Once the life estate expires, by either the life estate holder’s death or inability to reside in the residence for 6 consecutive months, the title owner (your family member or friend) will own the residence outright.
In Illinois, an estate does not have to go through probate if the deceased individual has less than $100,000 in their individual name at the time of death. Often by transferring the house as described above, the deceased person will have less than $100,000 in their individual name and, therefore, their estate can avoid probate.
This is a very inexpensive way to protect what is often your biggest asset. If you would like to learn more please, call Brian Witt Law at 815-383-7113.
This is not intended to be legal advice. You should consult with a licensed attorney before considering this type of action.
We got our first donation in the amount of $100 to go to the Morrison Food Pantry. Take advantage of this great offer to help a great cause. Power of Attorney forms (Healthcare and Property) for a $10 donation for each form to be made to the Morrison Food Pantry. I WILL PERSONALLY MATCH THE NEXT $100 OF DONATIIONS. Call (815)383-7113 to make an appointment!
Power of Attorney-Simple, Yet Important
Many people have or have heard of someone they know having a Power of Attorney or a “Living Will.” Many hospitals request or even require that people complete a Power of Attorney for Healthcare before admitting them. Power of Attorney forms are completed by people while that are mentally competent that provide directives as to who will make decisions on their behalf if they can no longer make decisions for themselves.
The Covid-19 pandemic has magnified the importance of the Power of Attorney forms. There are two general types of Power of Attorney forms; Healthcare and Property. Power of Attorney forms can only name one agent at a time, that is to say that only one person can make the final decision. Successor or backup agents can be named in case the first agent can’t or won’t act. Anyone can complete the forms so long as they are of sound mind, have a witness when signing, and in some cases, a notary.
The Healthcare Power of Attorney lists an agent of your choosing to make decisions relating to your healthcare, sometimes life or death, when you are unwilling or unable to make decisions for yourself.
The Property Power of Attorney works in similar ways but as it relates to making financial decisions and/or paying bills.
Power of Attorney forms are a simple way to start estate planning. Power of Attorney forms are just one, small part in big picture estate planning. Right now, is a great time to get these forms completed.
Please call Brian Witt Law at (815)383-7113 to discuss your estate planning needs.
POWER OF ATTORNEY FORMS FOR A DONATION!
During this pandemic, Power of Attorney forms have become increasingly important. It is my goal to assist as many people as possible complete these forms to ensure that everyone have an appointed individual be able to make healthcare and financial decisions on their behalf should they be unable to make decisions for themselves.
UNTIL FEBRUARY 5, 2021 BRIAN WITT LAW WILL COMPLETE YOUR POWER OF ATTORNEY FORMS FOR A DONATION OF $10 FOR EACH FORM ($20 per set). ALL, PROCEEDS WILL BE DONATED TO THE MORRISON FOOD PANTRY. OFFER AVAILABLE TO RESIDENTS OF WHITESIDE AND CARROLL COUNTIES IN ILLINOIS.
Please call Brian Witt Law at (815)383-7113 to schedule an phone appointment today. Please leave a message if there is no answer.
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In observance of Thanksgiving, Brian Witt Law will be closed today and tomorrow. Have a safe and happy Thanksgiving everyone!
Morrison, IL
61270
| Monday | 1pm - 5pm |
| Tuesday | 9am - 5pm |
| Wednesday | 9am - 5pm |
| Thursday | 9am - 5pm |
| Friday | 8:30am - 12pm |
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