When you need legal services, look no further than M G Gulo Associates Ltd. We’re based in Streator, IL, and serve the surrounding areas and feature over 50 years in the law practice. Trust our lawyers to represent you to the best of their abilities. Get in touch with us at (815) 672-2472 for more details about our legal services or to schedule a legal consultation.
Estate Planning, Local Businessmen, & Farmers
Plan where your estate goes after you pass away. Estate planning refers to how you want your estate handles following your death or incapacitation, meaning you are unable to handle the affairs by yourself. Our attorneys will help you through the entire process. Your estate includes all of the property you own, so it’s important to review your assets, including:
- Cash
- Cars
- Jewelry
- Houses
- Land
- And More
If you don’t prepare for the future, you won’t have a say in how your estate is handled and what your family will receive. Besides homeowners, we also provide estate planning to local businessmen and farmers. Learn how our attorneys can help you through the estate planning process.
Estate Planning for Individuals, Couples, Business Owners and Farmers
Plan where your estate goes after you pass away. Estate planning refers to how you want your estate handles following your death or incapacitation, meaning you are unable to handle the affairs by yourself. Our attorneys will help you through the entire process. Your estate includes all of the property you own, so it’s important to review your assets, including:
- Bank accounts
- Investment accounts including stocks and bonds
- IRAs/401Ks
- Houses
- Land including farmland
- Life insurance
- And other assets
If you don’t prepare for the future, you won’t have a say in how your estate is distributed and what your family will receive. Besides individuals and couples, we also provide estate planning to business owners and farmers. Learn how our attorneys can help you through the estate planning process.
Living Revocable Trusts
Avoid probate with a living revocable trust. This powerful estate planning tool is a trust that you can cancel at any time. The grantor – the person who signs the trust – acts as the trustee and beneficiary, so they can control the assets within the trust. Living revocable trusts also protect your assets if you become incapacitated. Instead, the successor trustee can take charge and has the responsibility of managing the assets for the grantor. Discuss the pros and cons of a living revocable trust with our attorney today.
Living Revocable Trusts
Avoid probate with a living revocable trust. This powerful estate planning tool is a trust that you can change at any time. The grantor – the person who creates the trust – acts as the trustee and beneficiary, so they can control the assets within the trust. Living revocable trusts also protect your assets if you become incapacitated. A successor trustee who you pick takes control and has the responsibility of managing the assets for the benefit of the grantor. Discuss the pros and cons of a living revocable trust with our attorney today.
Planning for the Disabled with Special Needs Trust & Guardianship
Keep your peace of mind for your loved ones with special needs. M G Gulo & Associates Ltd will help you plan for your disabled family member with a special needs trust. This legal arrangement allows funding access for someone with a chronic illness, a physical disability, or a mental disability to receive an income without jeopardizing their eligibility for benefits provided by government programs, such as Medicare, Medicaid, or Supplemental Security Income.
If you need legal guardianship for your disabled child with special needs, we’re here to help. We understand that as a caregiver, you want to make the best decision possible for your child. When a disability interferes with your loved one’s ability to make sound decisions, our attorneys will help you through the legal processes to obtain guardianship.
Planning for the Disabled with Special Needs Trusts & Guardianships
Keep your peace of mind for your loved ones with special needs. M G Gulo & Associates Ltd will help you plan for your disabled family member with special needs trust and guardianship. This legal arrangement allows someone with a disability to receive benefits from a special needs trust without jeopardizing their eligibility for benefits provided by government programs, such as Medicaid and Supplemental Security Income.
If you need legal guardianship for your disabled child with special needs, we’re here to help. We understand that as a caregiver, you want to make the best decision possible for your child. When a disability interferes with your loved one’s ability to make sound decisions, our attorneys will help you through the legal processes to obtain guardianship.
Real Estate
Do you need legal assistance on the purchase or sale of a property? Real estate law follows the purchase, use, and sale of land. It pertains to how people acquire property and what they can and can’t do with it. When you’re buying or selling your real estate, our attorneys will review the closing documents to ensure you’re protected. Get in touch with us if you have questions about real estate law today.
Real Estate
Do you need legal assistance in selling or purchasing a home or other property? Our office helps people sell and purchase houses and real estate. Whether you’re buying or selling your real estate, our attorneys will prepare and review the closing documents to ensure you’re protected. Get in touch with us if you have questions about real estate law today.
Loss of Family Members, Transfer of Assets, & Probate
When you lose a family member, it’s important to ensure there’s a proper plan in place to make everything following their death easier. Our attorneys will help you through the legal processes when you need to transfer the assets to the right heirs.
Probate is the legal procedure your estate goes through, where the court will review the authenticity of your will, authorize the Executor to pay the debts and taxes, and start distributing your estate to the proper heirs. It’s always easier if you have a will or living trust that clearly describes your wishes after you depart.
Loss of Family Members, Transfer of Assets, & Probate
When you lose a family member, it’s important to ensure there’s a proper plan in place to make everything easier. Our attorneys will help you through the legal process of transferring the assets to the rightful heirs.
Probate is the legal process your estate goes through, where the court will review the authenticity of your will, authorize the Executor to pay your debts and taxes, and start distributing your estate to the proper persons. It’s always easier if you have a will or living trust that clearly describes your wishes after your death.
Why wait any longer? Schedule your consultation with our attorneys today at (815) 672-2472.