Often overlooked, planning for mental disability to avoid guardianship should be an important part of every estate plan. The two important aspects of mental disability planning are deciding who will take care of your personal well being, and deciding who will take care of your finances.
Guardianship or conservatorship as it is referred to in some states, is a court supervised process for handling a person's mental disability. This means that state law, not your loved ones, will decide how you should be taken care of and how your assets should be managed.
In order to avoid this, you need to have important legal documents in place. Bradford Miller Law, P.C. can help you with all your estate planning needs. We can help you prepare the legal documents needed, offer advice, and keep your estate plan current with the laws governing estate planning. And, you have the satisfaction of knowing that your affairs are in order. Visit our website for helpful information regarding Estate Planning and give us a call at 312-238-9298 for a FREE 15-minute consultation.
Posted by Bradford Miller Law, P.C.
Practicing in Real Estate Law, Landlord Tenant Law and Estate Planning
134 N. LaSalle Street, Suite 1040
Chicago, Il 60602
312-238-9298
http://www.bradfordmillerlaw.com
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