Estate Planning with Confidence and Care
Last updated on October 1, 2024
Estate planning is something that too many people think they can put off. There is no telling what tomorrow may bring or how you can prepare for it. What sets our firm apart is our unique ability to craft strong, dependable estate plans tailored to your specific needs, providing peace of mind by safeguarding your future and your wishes.
At North Shore Estate Planning, we help our clients prepare for whatever the future holds in their personalized estate plans. We know how difficult it can be to get started, which is why we offer flat-fee packages for many of our services. This way, you can know exactly what you are getting from us and what it will cost. You can also schedule a free 15-minute phone consultation here.
How We Can Help You Plan
We serve clients throughout the North Shore and Chicagoland areas of Illinois with a wide array of estate planning needs, and we know that no plan can offer the best security for everyone, which is why we take the time to develop a custom-tailored strategy that can help you defend your wishes in matters like:
- Protecting assets: Strategies to safeguard your wealth from potential risks.
- End-of-life care planning: Preparing for your final wishes and medical care.
- Guardianships: Appointing trusted individuals to care for children and vulnerable adults.
- Granting powers of attorney: Authorizing someone to make decisions on your behalf.
- Establishing trusts: Creating legal entities to manage and distribute your assets.
- Making a will: Crafting legal documents to outline the distribution of your estate.
Many law firms offer similar services, but what sets us apart is our commitment to our clients and our compassion for their needs. We are ready to answer any questions. Whether you do not have an estate plan in place or have not updated yours in some time, we can help you step into the future confidently with a strong estate plan at your disposal.
Building a Robust Estate Plan
A good estate plan addresses both financial and personal needs, ensuring peace of mind for you and your loved ones. Five key elements include:
- Setting clear expectations around your major assets
- Protecting investments from unnecessary taxes or probate
- Guiding families through questions about estate management
- Setting out plans for children or pets
- Safeguarding real estate and other complex assets
We can help you address these elements, creating a comprehensive estate plan that provides clarity and security.
What Should an Estate Plan Include?
Every estate plan is different, but we can help you develop a custom-tailored plan to meet your unique needs. A thorough estate plan can include wills and trusts, guardianships, powers of attorney and a health care directive.
What Can an Estate Plan Do for Me?
An estate plan offers the answers that your loved ones need when you are not able to answer their questions. Whether you are incapacitated due to injury or illness or have passed on, your estate plan can specify who you want to receive your inheritance, what medical and burial preferences you may have and even help you avoid inheritance taxes.
How Much Money Should I Have to Need an Estate Plan?
Despite common belief, there is no minimum amount of money needed to benefit from an estate plan. No matter what your annual income is, what assets you may have or how much money is in your bank account, you can develop an estate plan that is able to provide you with the security you are looking for.
When Should I Update My Estate Plan?
If you already have an estate plan, it is important to update it after major life events. Some examples of these events include marriage, divorce, childbirth or adoption, change in career (either by job loss or gain), or gaining or losing any significant asset.
Start Planning Today
If you are ready to learn more about how we can help you, contact us today by calling 847-464-9825 or emailing us here. We offer free 15-minute consultations. The sooner you reach out to us, the sooner you can have the answers your loved ones will need in the future.