It’s never too early or too late to begin your estate plan. You need an estate plan for many reasons, but this is especially true as you acquire more assets. It may seem overwhelming to get started, so we are offering you this free eBook: 5@55: 5 Estate Planning Documents for Everyone Over 55. In it, we tell you what you need before you meet with an estate planning attorney. Sometimes, you just need to know how to begin – and this can be your first step.
An estate plan includes more than a will or trust; it also includes a healthcare directive, Power of Attorney, and more. Plus, you want your estate plan to work with your current plans, such as your 401(k) and life insurance. This is why you want to work with an experienced estate planning attorney. We can go over everything to ensure it is compatible.
Without an estate plan, you have no control over how your assets will be distributed when you’re gone or who will care for your minor children. Your loved ones may be forced to endure a long and expensive probate process if you do not have a will or trust in place when you die. A proper estate plan is essential. You don’t want to leave your loved ones unprotected after you’re gone.
Procrastination is the #1 estate planning pitfall
Knowing what you need to have on hand will help you be prepared for your first meeting with an estate planning attorney. You may have some ideas in your head about who you want to have your assets. But when you have everything written down, it makes the estate planning process much easier. Understanding what you need to have prepared makes the entire process easier and less daunting. This eBook will help you begin.
We have helped many clients start their estate plans from scratch or review and update a current plan. We understand the process can be daunting and are here to help you one step at a time. Making the first phone call is the hardest step – after that, we will make estate planning simple for you. It is time to stop procrastinating and take the first step. Contact Us here or call the Estate and Probate Legal Group at 630-864-5835 today.
AREAS WE SERVE: Cook, Dupage, Kane, Lake, and Will counties in Illinois
