Estate Planning Attorney Charleston IL – Bates Law Office – 501 Jackson Avenue – Suite 2031 – Charleston, IL – Call 217-512-1847
It’s not uncommon for people to view estate planning as something only wealthy families should consider. The truth, though, practically anyone can benefit from creating a sound estate plan. It offers an effective way of caring for your loved ones and ensuring that after you die, your home, your finances and assets will be managed and distributed according to your instructions.
With the services of an Estate Planning Attorney Charleston IL, you can create a plan that:
-Provides for your loved ones. You can fund an estate plan so your surviving spouse will be capable of caring for your family. In the event both you and your spouse die, your estate plan can appoint someone you trust to serve as a guardian for your children.
-Ensure property and assets will go to the beneficiaries you choose. With the help of your Estate Planning Attorney Charleston IL, your estate plan can outline clearly where your property is to go after you pass. This control means there won’t be any uncertainties for the courts to resolve or cause family conflicts.
-Minimize the taxes and expenses. Your Estate Planning Attorney Charleston IL can help you create a plan that keeps the cost of transferring property to your beneficiaries as low as possible.
-Ease the burden on your loved ones. It can be emotionally hard to plan a loved one’s funeral while still grieving. When putting together an estate plan, you’ll be able to state your wishes regarding a funeral arrangement and even put aside funding for it. This is very helpful because it will relieve some of the stress off your loved one’s during a difficult time.
-Plan for incapacitation. In the unfortunate event that you ever become physically or mentally incapacitated, your estate plan outlines your wishes with respect to who shall make healthcare decisions upon your behalf.