Our estate planning lawyer helps you prepare legal documents to address any eventuality following your death. We get to know you and the unique needs of your family to guide you in crafting an estate plan that gives you peace of mind and financial stability for your loved ones. Examples of estate planning tools that you may consider using are:
- A legal will
- A trust
- Selecting a power of attorney and executor of your estate
- End-of-life instructions, including medical directives and funeral wishes
- Asset protection
We explain the pros and cons of each option and compare those characteristics to the anticipated needs of your family to ensure your estate plan not only encompasses your desires for your legacy but also safeguards it.
Benefits Of Hiring An Estate Planning Lawyer
The main benefit of hiring our estate planning lawyer is the assurance you will feel that your loved ones will be taken care of financially when you are no longer there to support them. We guide you through options that make sense for your situation. For example, if you would like to leave assets or money to minors, we will explain how a trust may be a better option over a will.
Other scenarios when forming a trust is an important choice include:
- Providing healthcare costs for special needs beneficiaries
- Dictating how the inheritance will be used, especially if you are concerned about the fiscal responsibility of beneficiaries
- Avoiding probate court and reducing taxes on inheritances
In addition, our estate planning lawyer can take a lot of the administrative hassles off of your family. We can establish a plan to administer your estate and review legal documents with loved ones and beneficiaries. Furthermore, we enforce the wishes and directives outlined in the estate plan. When you pass away, our Oak Brook estate planning lawyer handles tasks that can be overlooked by loved ones during grief, such as paying your final bills and filing life insurance claims.
Above all else, the estate plan you create with our firm is legally binding. Unlike online templates for wills that are self-service, the documents you draft with our firm won’t be successfully challenged in court. As a result, you know that your money and assets are divided up exactly how you want. This factor also eliminates disputes and disagreements between family members that can lead to contentious battles in probate and lifelong grudges.
At Bott & Associates, Ltd., our goal is to help families protect their wealth and preserve their relationships. If you are ready to begin preparing for the future or need help revising existing documents, don’t delay getting legal assistance from our Oak Brook estate planning lawyer. While it is impossible to predict the future, you can get peace of mind knowing that your affairs are in order and that you have a plan in place to protect and care for your loved ones.
