Estate Planning Lawyer Mount Prospect, IL
An estate planning lawyer Mount Prospect, IL families turn to at Bott & Associates, LTD. understands that the topic of planning for after death can trigger emotions. It is a task that is best approached with support from a legal professional who understands estate planning. Despite what many people may think, you do not need millions of dollars in the bank in order to need an estate plan. In fact, even those with more modest funds and assets can benefit from planning for the future.
Think of it this way, an estate planning lawyer in IL from Bott & Associates, LTD. will help you organize what you own and write down wishes for how you want your legacy to be given to loved ones after you have passed on. Without a proper estate plan, your assets could get caught up in probate court, causing more stress and frustration for beneficiaries.
Qualities To Search For In Your Lawyer
It is important that you hire a lawyer who is experienced in overseeing estate plan documents. If you attempt to establish an estate plan without legal guidance, it increases your odds that your will be disputed later on. The last thing you want is to write an estate plan that is too broad that it leaves room for misunderstandings and confusion among beneficiaries. A Mount Prospect estate planning lawyer from IL can help guide you if it is your first time writing an estate plan, or help you make changes if life events have caused your current draft to be inaccurate.
Other qualities to look for in your estate planning lawyer include:
- A professional who is up-to-date with the laws for your state and how to create valid estate planning documents.
- Devotes their legal practice to estate planning and other types of family-related law.
- Makes you feel comfortable and not judged when sharing information about your finances, wishes, and other intimate details of your life.
Creating a List of Assets and Beneficiaries
When consulting with a estate planning lawyer in Mount Prospect at Bott & Associates, LTD., one of the first tasks we may have you do is create a list of your assets and beneficiaries. Assets include both tangible and non-tangible things such as property, insurance policies, retirement plans, stocks, bonds, jewelry, art collections, and sentimental items. Then, write a list of people that you care about the most who you would be honored to have a portion of your legacy after you have passed on. These could be people such as your immediate family, close friends, and charity organizations you believe in.
Contact Bott & Associates, LTD. Now
Do not wait another day without having a legally-binding estate plan. We can help you from start to finish, and there is no risk in calling today as we offer free brief initial consultations. Call Bott & Associates, LTD. to speak with an estate planning lawyer in Illinois now.