Estate Planning 101
Your “Estate Plan” is an arrangement for the use, preservation and transfer of your property and for your care, during your lifetime and at your death. The process of creating your estate plan is called “estate planning.” Your estate planning team can include your attorney, your accountant, your financial planner and your insurance agent.
The “primary tools” of estate planning are your Will, Durable Powers of Attorney, and a Revocable Living Trust.
Through the use of these tools, you can protect your family by taking control. Taking control of what happens when you pass away or if you become incapacitated. READ MORE [1]
Estate Planning – Step-by-Step
Your “Estate Plan” is an arrangement for the use, preservation and transfer of your property and for your care, during your lifetime and at your death. The process of creating your estate plan is called “estate planning.” Your estate planning team can include your attorney, your accountant, your financial planner and your insurance agent.
The “primary tools” of estate planning are your Will, Durable Powers of Attorney, and a Revocable Living Trust.
Through the use of these tools, you can protect your family by taking control. Taking control of what happens when you pass away or if you become incapacitated. READ MORE [1]
Essential Estate Planning Documents
A Will is the traditional form of estate planning. With a Will, you arrange for someone, upon your death, to wrap up your affairs and distribute your remaining property based on your directions. You can also designate guardians for your minor or disabled children.
To be valid in Illinois, a Will must be in writing and must be attested to and witnessed by at least two independent witnesses. There are specific procedures for the execution of a Will, and the Will may not be admitted in the Probate Court if the procedures are not followed precisely.
READ MORE [2]
Wills For Frees
Your “Estate Plan” is an arrangement for the use, preservation and transfer of your property and for your care, during your lifetime and at your death. The process of creating your estate plan is called “estate planning.” Your estate planning team can include your attorney, your accountant, your financial planner and your insurance agent.
The “primary tools” of estate planning are your Will, Durable Powers of Attorney, and a Revocable Living Trust.
Through the use of these tools, you can protect your family by taking control. Taking control of what happens when you pass away or if you become incapacitated. READ MORE [1]