An estate planning attorney is a lawyer who helps individuals and families plan for the distribution of their assets after death. This includes creating wills, trusts, and other legal documents to ensure that your wishes are carried out.
There are many different factors to consider when planning your estate, and an experienced attorney can help you navigate the process. Here are a few signs that may indicate you need to contact an estate planning attorney in Rockford, IL.
One sign is if you have recently come into a large sum of money, either through inheritance or winning the lottery. You will want to speak with an attorney to help you determine the best way to protect your assets.
Another sign is if you have a complex financial situation, such as owning multiple businesses or property in different states. An attorney can help you create a plan that minimizes taxes and ensures your assets are distributed according to your wishes.
If you have young children, it is also important to have an estate plan in place in case something happens to you. An attorney can help you create a guardianship plan to ensure that your children are taken care of by the people you trust.
Finally, if you have been diagnosed with a terminal illness, it is important to contact an estate planning attorney as soon as possible. They can help you create a plan for the distribution of your assets and make sure your wishes are carried out.
If you are facing any of these situations or have other concerns about your estate, visit Crosby Law Firm and contact an experienced estate planning attorney in Rockford, IL, today. The Crosby Law Firm can help you create a plan that protects your assets and ensures your wishes are carried out.