Ensure You’re Ready with Estate Planning in East Peoria IL
Death is a topic we as humans don’t take lightly. However, the passing of yourself or a loved one is inevitable, no matter how you live your life. Thus, it’sessential to be prepared when the inevitable occurs. And with estate planning in East Peoria IL, you can be ready for anything life throws at you. The team at Essig Law Office is here for you and can help you establish a plan for you and your family after your passing.
For 40 years, the father and son attorney duo of Essig Law Office has assisted clients throughout the Greater Peoria area. Moreover, we focus on the smaller communities surrounding Peoria, like Eureka, Washington and Pekin. And when it comes to estate planning for any of these areas, we have the skill and knowledge you need to get all your affairs in order.
What You Get Out of Estate Planning
Estate planning is less for your benefit and more for the benefit of your family and close friends. Going into estate planning, we help you plot a course for the future of your loved ones, ensuring you can help care for them well after your death.
- Protect Your Assets
- Upon your passing, if there is no estate planning in place, the state and IRS look to get a piece of your wealth and assets. Local courts will take your estate into their own hands, applying costs and fees for handling your assets, only to divvy everything up in a way not inherently beneficial to your family. Not to mention the heavy taxes that may be imposed upon your wealth and assets. Conversely, we can eliminate most taxes with a little estate planning and ensure you control how your estate is divided.
- Resolve Infighting
- No family is perfect. And if you’re the glue holding everything together, it’s understandable why you might worry about what’s to happen after you’re gone. However, that’s why estate planning exists. You can establish plans for your children (young or adults), spouse, and other close family or friends through your will and trusts. It’s not necessarily a perfect solution, but no one can argue about your after death desires when they’re legally established.
- Choose How You’re Cared For
- Another aspect of estate planning is choosing power of attorney. While this doesn’t directly relate to your death, it establishes who’s to care for you in the event you cannot care for yourself. You can choose a friend or loved one you trust the most to handle your health and financial decisions if you are not able. Power of attorney becomes necessary in severe accidents or illness cases, where your mental functions are inhibited.
How Else Can We Help?
After Essig Law Office assists you with estate planning in East Peoria IL, we can provide guidance on various other legal matters. Are you in some trouble with the law? Or maybe you’re in the middle of messy divorce proceedings? Lucky for you, we cover practice areas which include:
Give Us a Call
When you’re ready to discuss decisions for the end of your life, Essig Law Office can provide the estate planning in East Peoria IL you need. Contact us today at 309-444-8041 to schedule a free consultation. Also, we are located at 135 Washington Square, Washington, IL 61571.