Palley Law Office Estate Planning, Wills, Trusts, and Elder Law
Dedicated to Helping Individuals and Families
Estate Planning Services
Estate planning looks at the full picture of, among other things, your assets, family situation, and tax exposure to develop a plan that fully encompasses your individual circumstances to ensure your wishes are carried out as easily and cost effectively as possible.
Wills
Draft a will to ensure that your assets go to the family, friends, and charities you hold dear.
Trusts
Trusts come in all sizes and shapes, but in general with a trust you transfer assets to a trustee who manages the assets for a beneficiary. A trust can be set up during your lifetime as a living trust, or through your will as a testamentary trust.
Powers of Attorney
Appoint an agent to make healthcare decisions and manage your property if you get sick and unable to care for these matters yourself.
Elder Law
Get advice on Social Security benefits, Medicare, and planning for incapacity. Take advantage of real estate tax breaks available to senior citizens in Illinois. Have important contracts related to nursing home or assisted living stays reviewed by an attorney before committing.