The Illinois statute entitled “Presumptively Void Transfers” protects all individuals from coercion by their caregivers.
If you believe that you or a loved one were excluded from a will or trust as a result of someone’s financial exploitation of an elderly individual and would like to discuss your rights and options for seeking damages, please contact us.
Our firm encourages any individual aged 50 or over to review his or her estate plan, including wills, trusts, and power of attorney documents.
The future may entail a period of time in which our clients are incapacitated and unable to make their own financial decisions. A Power of Attorney for Property addresses this scenario.
The federal estate tax is a tax on property that passes from a deceased person’s estate to their heirs. This tax affects only the wealthiest families in America.
If you believe that your elderly loved one is the victim of abuse, you should contact a qualified elder law attorney immediately to discuss your options.
Unfortunately, many people do not realize that their elderly loved one was the victim of financial exploitation until after the loved one’s death.
Many times, a thief or abuser will exert undue influence over an elderly person, coercing them into signing a new will or trust or changing the beneficiary designations or ownership title on some or all of their assets
One of the simplest and most effective ways to protect your loved ones against exploitation as they age is to create an estate plan which gives power to a selected agent to manage their personal and financial affairs.
At Hays Firm, LLC, we are experienced elder law attorneys who have seen an increase of cases involving exploitation of the elderly by their friends, neighbors, and family members.