Elder Law Lawyer in Chicago

Peck Ritchey, LLC provides an array of services for seniors, including planning for health care decisions and end-of-life issues; long-term care planning; general estate planning and administration; and guardianship. Our legal team offers efficient and respectful service when locating the appropriate type of care, coordinating private and public resources to finance the cost of care and working to ensure that clients receive quality care.

The Importance of Estate Planning

Estate planning is the process of arranging for the management and disposal of an individual’s estate during their lifetime and after their death. This involves making decisions about the distribution of assets, the care of dependents, and the fulfillment of financial and health-related wishes. The importance of estate planning can be highlighted through several key aspects:

Asset Distribution and Wealth Preservation:

Intentional Distribution: Estate planning allows individuals to specify how their assets should be distributed among beneficiaries. This helps ensure that assets go to the intended individuals or organizations.

Minimizing Taxes: Proper estate planning can help minimize the impact of taxes on an estate. Strategies such as trusts and gifting can be employed to reduce tax liabilities, preserving more wealth for heirs.

Protection of Loved Ones:

Minor Children: Estate planning is crucial for parents with minor children. It allows them to name guardians who will care for their children in the event of the parent’s death.

Dependent Adults: For individuals caring for dependent adults, such as disabled family members, estate planning can ensure the continuity of care and financial support.

Avoiding Probate Delays and Costs:

Probate Avoidance: Proper estate planning can help bypass or minimize the probate process. Probate can be time-consuming and costly, and avoiding it allows for a smoother and quicker distribution of assets to beneficiaries.

Healthcare Decision-Making:

Advance Healthcare Directives: Estate planning includes creating documents like living wills and healthcare proxies, which specify an individual’s wishes regarding medical treatment and appoint someone to make healthcare decisions on their behalf if they cannot do so.

Financial Management in Case of Incapacity:

Power of Attorney: Estate planning allows individuals to appoint someone they trust to manage their financial affairs in case they become incapacitated. This ensures ongoing financial management and the ability to make important decisions.

Business Succession Planning:

Business Owners: For business owners, estate planning is critical for determining the future of the business. It allows for a smooth ownership transition, ensuring that the business can continue to operate successfully after the owner’s death.

Avoiding Family Disputes:

Clear Instructions: Estate planning documents provide clear instructions on asset distribution and the management of affairs. This helps minimize the potential for family conflicts and legal disputes among heirs.

Preserving Family Harmony:

Fair Distribution: Estate planning allows individuals to consider the needs and circumstances of each beneficiary, promoting fair and equitable distribution of assets. This can help maintain family harmony and relationships.

Charitable Giving:

Philanthropy: Estate planning facilitates charitable giving by allowing individuals to include charitable organizations in their estate plans. This can create a lasting legacy and support causes important to the individual.

Peace of Mind:

Personal Choices: Knowing that one’s wishes are documented and legally binding provides peace of mind. Estate planning allows individuals to control what happens to their assets and how their affairs are managed, both during their lifetime and after their passing.

In summary, estate planning is not just for the wealthy but a valuable process for individuals at all income levels. It allows for the thoughtful and organized transfer of assets, protecting loved ones, and fulfilling personal wishes, ultimately providing a sense of security and control over one’s legacy.

At Peck Ritchey we have assembled an array of elder law attorneys who concentrate in all those different areas.

Our Chicago elder law firm offers services that address all areas of elder care, including:

Elder Law Lawyer in ChicagoFinding the right elder law lawyer starts with an assessment of your needs. If you need help with estate planning, our Chicago elder law firm has strong estate planning experience. If your rights have been violated, our elder law litigation lawyers will go to court and fight for you and your loved ones.

Peck Ritchey’s extensive experience in the practice of elder law includes working with the city of Chicago’s Department on Aging to rewrite the Elder Abuse and Neglect Act. Kerry Peck founded the Elder Law Committee of the Chicago Bar Association, and Peck Ritchey is a proud National Academy of Elder Law Attorneys member.

Every one of our elder law lawyers cares about seniors, their unique needs, and their individual situations. We understand that you’ll be sharing very personal information with us and sometimes be making tough decisions. Our attorneys will listen to your concerns, evaluate your needs, and help you find the best way to meet those needs. Contact Peck Ritchey, LLC’s Chicago elder law attorneys today for a free initial consultation.



Attorney Kyle Fahey handled our matter with skill and professionalism, and was always responsive. 10/10, would work with him and the firm again.

–Jon T.

The peace of mind that Peck Ricthey's office has given me is worth every penny. The services they provided me and my family in an emergency medical situation is beyond outstanding. Last minute notice, Peter Brady and team were compassionate, understanding and most importantly efficient and got the job done. Look no further if you have any needs that this office can provide for you. Definitely in good hands! Thank you, a thousand times over for all of your help.

–Christine K.

Very responsive and knowledgeable at handling our brother’s estate. Would definitely recommend!

–Ralph C.

I solicited Peck Ritchey, LLC for assistance with a living trust for which I became the beneficiary. I needed assistance with understanding the details of how it all worked. However, I was especially concerned because there were threats of allegations made by family members and a lawsuit was filed against me. I needed a solid professional who had my best interests in mind. Peter Brady took my case and he managed it flawlessly. He explained everything in a way I could understand, he knew the law inside and out, he was always available to answer questions, and even offer support when things seemed like they could become extremely problematic. In addition to this, he had a plan. He navigated the course as if he already knew the next move by the opposing attorney. He made me feel like everything was in control and that’s because he knew exactly what he was doing and he consulted with me about everything. We ended up settling out of court and ultimately the court officially dismissed the lawsuit. I honestly believe if it wasn’t for Peter and his expertise this could have gone in an entirely different direction. Peter did a stellar job and I couldn’t be more pleased and impressed with his performance.

–John T.

Tim Ritchey is as smart, honest, and genuine as they come. He truly puts helping people above making money. If you have a need, don’t hesitate to hire him.

–Jay T.

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