Plan for the Future with Estate Planning Attorneys for Peoria IL
From financial planning to preparing for a vacation, we’re always thinking ahead. However, if you’d like to be the most proactive, you ought to consider estate planning as well. Although the end of life isn’t something we like to think about, it’s essential to prepare for the inevitable. And when looking for help with initial prep, you can call on the estate planning attorneys for Peoria IL with Essig Law Office.
The father and son attorney duo at Essig Law Office is here to help. Dean and Dustin Essig can help you plan for the worst-case scenario and ensure your family is in good hands after your passing. We’ve dealt with hundreds of estate and probate cases and are ready and willing to help you with yours.
What is Needed When Estate Planning
There are a few necessary components to every estate plan. And as experienced estate planning attorneys for Peoria IL, we will help you collect any information and paperwork you need.
- Wills –This legal document is the basis of all estate planning. A will can ensure the deceased’s assets are appropriately distributed amongst a group of chosen beneficiaries.
- Trusts – As an extension of a will, a trust is used when wishing to bestow inheritance, but only once stipulations are met. For example, a child only receives inheritance with the condition of them reaching the age of 18.
- Letter of Intent – If there is something more specific you want your beneficiaries to do with what you bestow upon them, you can clarify this in a letter of intent.
- Power of Attorney – If there’s a chance you’ll end up incapacitated and unable to make decisions for yourself, assigning a loved one to act on your behalf becomes crucial. You can designate the same person to handle both health and financial decisions or separate powers of attorney to different individuals.
Other Legal Matters
Putting estate planning aside, Essig Law Office can handle various legal matters you might contend with. For example, our practice areas include:
Our Office is Open!
When you need estate planning attorneys for Peoria IL to help you prepare for your future, give the lawyers at Essig Law Office a call. You can contact us today at 309-444-8041 to schedule a free consultation. Also, we are located at 135 Washington Square, Washington, IL 61571.