Estate planning is a difficult process. Even if your assets are minimal and your wishes are straightforward, it can be challenging to outline your plans, in part because the process is a reminder of your mortality. Estate planning is imperative, however, particularly if you have specific wishes regarding who should care for your children or what should be done with your property. An Illinois estate planning attorney can make this difficult process easier by guiding you every step of the way.
The Ames Law Offices is a great resource for anybody in the midst of estate planning. Clients residing throughout Kewanee and the state of Illinois speak highly of the firm and its talented attorneys.
Estate Planning Documents
A variety of estate planning documents can ensure that your estate is left in good hands after you pass away. The following are a few of the documents most commonly drafted at the Ames Law Offices:
- Living wills
- Irrevocable trusts
- Revocable trusts
- Charitable trusts
- Power of attorney
- Advance health care directives
The Importance of Avoiding Probate
One of the chief goals at the Ames Law Offices is to reduce probate risk. Probate is a complex process used to settle an estate after the owner has died. Notoriously lengthy, the process can easily tie up property for several months, or, in some cases, well over a year. Probate is very expensive; court fees can eat into a significant portion of the contested estate’s value. Because of the public nature of probate, it is best avoided by those who desire to keep their financial affairs private. With help from the attorneys of the Ames Law Offices, you can ensure that your estate does not go into probate after you die.
The estate planning process can be confusing and emotional, but the right attorney can patiently guide you through every step of the ordeal. Once you’re finished, you will enjoy great peace of mind. There is something truly comforting about knowing that, should the worst happen, your loved ones will be able to access your assets as you see fit. If you are interested in learning more about the estate planning process, feel free to get in touch with the Ames Law Offices at your earliest convenience.