Estate Planning and Elder Law
Why Plan Your Estate?
Estate planning deals with the notion of death and incapacity. People often shy away from such topics, and sometimes have a tendency to postpone estate planning. However, if planning for your demise is postponed until it is too late, after your death, you incur the risk that your intended beneficiaries will not receive what you would have wanted them to. Protection that you could have put into place will be unavailable to them.
Everyone should consider their estate planning needs, regardless of their family size or degree of wealth. Someone who has worked hard their entire life to accumulate a $100,000 estate has the same need for fulfillment of their wishes as someone who has a $10,000,000 estate!
What is the result if you do not formulate your own estate plan? The state has a default plan for you, and your assets will be distributed through the laws of “intestate succession”. Such laws are developed in an attempt to distribute your assets as the “average” person would have wanted. Is this how you want to leave your loved ones?
Protect yourself and your family by developing an estate plan that meets your unique needs.
Your visit with our elder law attorney in Belleville, Illinois, our elder law attorney in St. Louis, Missouri, or anywhere in the Metroeast, can help protect you and your family. Contact us to schedule your free consultation with our experienced elder law attorney.
What are your estate planning objectives?
Everyone’s circumstances will differ, which will result in their having different estate planning objectives. However, many individuals have a combination of those listed below.
We encourage you to call us for a free consultation to learn how we can help you achieve your objectives..
- Avoid the time and expense of probate administration
- Protect yourself and your loved ones from incapacity
- Protect and plan for special needs or minor children
- Ensure your beneficiaries use their inheritance wisely
- Reduce estate taxes
- Understand what to do after a loved one passes away
- Have peace of mind knowing your wishes will be fulfilled
