Take Charge of Your Assets with Estate Planning Attorneys for Morton IL
Whether you have a large estate or a few personal but precious belongings, you want to make sure they go into the right hands after your passing. And the only way to do that is to prepare your estate before your death. Thus, with the help of estate planning attorneys for Morton IL, you can have the final say on how to best support your family.
At Essig Law Office, we take great care to prepare your estate in the most beneficial manner to you and your family. By getting to know you personally, we can better assist you regarding will writing, establishing trusts, assigning power of attorney and more. Allow our team to provide what you need for your estate planning process.
What Makes Up Estate Planning?
Including previously mentioned aspects and a few more necessary components, we can ensure you and your family are ready for the unfortunate passing of yourself or a loved one.
- Wills & Trusts – A will acts as the basis of most estate planning. In it, you establish the assets you currently own and how you wish to divide them amongst a list of beneficiaries. In a trust, you can place some of those assets aside for a beneficiary to receive later.
- Retirement & Insurance Planning – Not only must you worry about what assets you’re passing down, but what payout insurance or retirement plans will make to your family. It’s a good idea to establish beneficiaries for such plans, so the payout distribution isn’t managed by the state or federal government.
- Medical and Financial Directives – In scenarios where you become too sick, injured or old to make decisions by yourself, power of attorney takes effect. Through estate planning, you can assign decision making regarding your health and finances to a friend or relative. And if there are certain directives you wish to be taken once specific conditions are met, it’s the job of your “attorney-in-fact” to help carry out those directives.
- Guardianship – Finally, it’s crucial to ensure your children are taken care of if you were to pass away suddenly. If you have children that you claim guardianship over, you need to establish who guardianship passes to upon your death. You can assign guardianship to a spouse, parent, grandparent, close friend, etc.
How Else Can We Help?
Not looking for estate planning attorneys for Morton IL? Not a problem! Essig Law Office can supply a variety of legal services you and your family might need. For example, we cover:
Get your estate on the right track with help from estate planning attorneys for Morton IL. Call Essig Law Office today at 309-444-8041 to schedule a free consultation. Also, we are located at 135 Washington Square, Washington, IL 61571.