Is your financial planning working so well you have become concerned about your estate planning? That's a very good problem to have, but it could all be for nothing if you don't take the next step. Maybe the time is right for finding an Illinois estate planning attorney.
The
laws regarding how your estate will be passed on to your heirs is
written at the state level. They are the same whether you live in
Springfield, Bloomington or Peoria. These laws, rules and regulations
are a way of life for an Illinois estate planning attorney. They deal
with them everyday.
It is common these days for attorneys to
specialize in a particular type of law. Estate planning is a specialty
for many lawyers. You would probably be more comfortable sharing your
financial information with an expert in the field, rather than a
criminal lawyer. I know I would. An Illinois estate planning attorney is
an expert in the field of estates, probate and Illinois law.
Finding
the right attorney may take a little work on your part. It is important
to have a good rapport with this person, you will be dealing with very
personal data. It is perfectly alright to visit with several different
attorneys before hiring one. Legal Match
has a nice system for finding an attorney. You simply fill out a form
and the attorneys respond to you. It is possible to request fees and
even check feedback online. Visiting a law firm's website may also
provide useful information about them.
While you are discussing different options for your estate be sure the topic of probate court avoidance is discussed in detail. There are many methods used to pass on an estate out of probate. You may want to create a living trust, or transfer your real estate to a joint tenancy with right of survivorship. Many types of life insurance policies and bank accounts may pass out of probate.
Ask a lot of questions
and find out what is right for your estate. Make a plan and start
working on it, the sooner the better. You don't want your heirs all
hiring separate attorneys and fighting over your possessions in probate
court. If you ever find yourself needing legal forms, for one reason or
the next, Legal Zoom is at your service.
Imagine
the peace of mind from knowing that all of your affairs are in
order. That's the feeling you should have after working with an Illinois
estate planning attorney.
We'd love to hear your comments or opinions. Submit them here and other visitors can read them and comment on them. An e-mail address is not required.
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