What is Estate Planning?
Estate planning is an extremely important process that you may not want to think about, but is nevertheless important to do. Estate planning is when you arrange how all of your assets will be distributed, and to whom, after your death. There are many assets you may include in your estate, including real property such as real estate, while personal property includes physical belongings such as a home or a car.
There are many different documents and processes involved in the estate planning process, including wills, trusts, and probates. A dedicated, experienced lawyer will be able to help you complete the necessary steps to ensure your belongings are distributed exactly how you’d like them to be.
What is an Estate Planning Lawyer?
Estate planning can be a rather complex process. If you do it by yourself, you may miss vital steps and have a less-than-ideal estate plan in place. However, when you work with our team, you can be sure that your estate plan is sound and complete.
An estate planner is a licensed law professional who specializes in probate court and creating estates. They understand the state and federal laws in relation to your estate and how to best put one together so your belongings will be dispersed as you wish.
How Can an Estate Planning Lawyer Help Me?
An estate planning lawyer can guide you through the entire process, helping you through steps such as:
- Writing your will
- Designating beneficiaries
- Designating power of attorneys
- Help avoid estate taxes
- Prevent you from having to go through the probate process
- Setting up trusts
- Creating an individualized estate plan with their legal expertise
What Information Do You Need For Estate Planning?
There is a lot of personal information you’ll need to gather to create a successful estate plan, including documents such as 401k’s, life insurance policies, and more. Head to our estate planning information page to learn about what documents you should bring when you meet with our attorneys.
Contact Us Today
We understand that estate planning can be an overwhelming process when completed by yourself, which is why our compassionate, dedicated team is here to help. Having an estate plan in place gives you peace of mind that your belongings will be distributed exactly as you want.
Contact our estate planning attorneys in Rockford, IL, today for guidance and expert legal advice every step of the way.
