What Is An Estate Plan?
An estate plan is a plan that details how you want your assets and real estate distributed after you have passed away. There are many different types of estate plans and certain ones are better for certain people than others. An experienced attorney can help you choose the estate plan that is right for you and help you create a new one or revise an existing one. Common estate plans include,
- Wills
- Trusts
- Power of attorney for property (finances)
- Healthcare directives (power of attorney)
- Strategic Gifting
- Living Will
- Guardianships
And more….
Regardless of your age or financial situation, you should have a will and trust to protect your assets and to make things easier for your family members when you pass away. Some people put off making a will or trust until it is too late. After they have passed away, their family members can spend years in court trying to get an estate distributed. Do what is best for your family and let Christopher S. Nudo, Attorney at Law in Glenview, Illinois help you create an estate plan that is right for you.
No matter what kind of estate plan you want to create, there is something right for your family. Christopher S. Nudo, Attorney at Law can help you with all aspects of your estate plan.
Why Do I Need To Create An Estate Plan?
You worked hard to acquire the things you have and you should decide who gets them after you pass away. If you do not have a will, trust, or another type of estate plan that explains your final wishes, the state will decide how your assets are distributed. Your loved ones may not receive the things you want them to have and could have a long and stressful court battle ahead of them. By creating an estate plan now, you can avoid all of that.
