WHAT IS A WILL?
A will is an estate planning document that can determine how your property will be distributed upon your death. Additionally, wills can name a guardian to care for your minor children and a personal representative (formerly called an executor) to carry out your last requests. Almost every adult over the age of 18 should have a will to protect their assets and their loved ones. The Crown Point estate planning attorney at Kent A. Jeffirs, Attorney at Law, PC is well-equipped to plan for your family’s future through the creation of a valid will.
WHAT IS A LIVING TRUST?
If you would like to enable your family to save time and money, you can place your assets in a living trust to help your property avoid probate. Living trusts allow you to control your property while you are alive and enable your trustee to immediately distribute funds after your passing free of court involvement. Because your estate will not be subject to court costs, appraisal fees, personal representative fees and attorney fees, you can leave a larger inheritance to your beneficiaries. In addition to allowing you to privately transfer assets, it living trusts can help you avoid a guardianship by having a trustee or successor trustee ready to manage your assets in case of illness or disability. If you are interested in creating a living trust, I can explain the benefits and disadvantages of a living trust with you and your family.
ENLIST AN EXPERIENCED CROWN POINT ESTATE PLANNING LAWYER
With more than 20 years of experience, I am prepared to assist you with planning for the future. When you choose to work with my firm, you can rest assured that you will receive personalized attention from a lawyer and will never be passed off non-attorney staff. I served as the president of the Lake County Bar Association and chairman of the Trust and Probate Section of the Lake County Bar, and can put my knowledge and skill to work for your family. You can learn about your specific estate planning options by taking advantage of my free initial consultation. For more information about my team’s estate planning and probate services, contact the firm today!