Get answers to your estate planning questions
Although estate planning is something everyone should do, not many people know a lot about the subject. At North Shore Estate Planning, we provide the Highland Park community and the surrounding area the answers they need to prepare for their future. Here are some common questions we get at our Illinois law firm:
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 beliefs, 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.
How do I start my estate planning?
If you are looking to either develop an estate plan or update an old one, your first step should be contacting us today. We can help you create a plan you can count on, so call us at 847-464-9825 or email us here to schedule your initial consultation today.