Plano Estate Planning Lawyer

Plano Estate Planning Attorney for Wills, Trusts and Powers of Attorney

It is never too early to start planning for the future. With the proper plans in place, a person or family can be prepared for whatever may happen, and they can avoid uncertainty and make sure their loved ones will be provided for. Estate planning is the process of making sure a person's property and possessions will be distributed the way they want after they die. Other issues can also be addressed in an estate plan, including ensuring that a person will receive the proper end-of-life care. The estate planning process can be complex, but an experienced attorney can help to make it as smooth and stress-free as possible.

At Gateville Law Firm, we can help you create a plan that will protect your family and assets in the event of your death or incapacity. We will work with you to make sure we understand your unique situation and your family's needs, and we will help you create a customized estate plan that meets all of your goals. With our help, you can rest assured that your interests will be protected, no matter what may happen in the future.

Tools for Estate Planning in Plano

Our estate planning attorney can help you to create a plan that will protect your assets and provide for your loved ones. We can assist with:

• Creating or updating a will - A last will and testament is a legal document that indicates how your property should be distributed after your death. Without a will, the intestacy laws in Illinois will dictate how your estate will be divided among your heirs, which may not be in line with your wishes. We can help you make sure your will fully details your wishes regarding the distribution of your property, while also addressing issues such as guardianship for your minor children.
• Creating and funding trusts - Different types of trusts can be used for a variety of purposes, including protecting assets, avoiding probate, providing for minor children or loved ones with special needs, or donating assets to charity. Living trusts can be very beneficial, as they can take effect immediately and can be used to manage your property while you are alive. We can help you determine which types of trusts are right for you and your family, and we will assist with the creation and funding of individual or joint trusts.
• Drafting powers of attorney - A power of attorney for property allows you to appoint someone to manage your financial affairs in the event that you are unable to do so yourself. A power of attorney for healthcare designates someone to make medical decisions on your behalf if you are unable to communicate your wishes. We can help you draft these documents and ensure they are properly executed.
• Planning for incapacity - No one knows what the future holds, and it is important to be prepared in case you are ever incapacitated and unable to make decisions for yourself. We can help you put a plan in place that includes advance healthcare directives such as living wills or do-not-resuscitate orders. This will ensure that your wishes will be followed regarding issues related to end-of-life care or medical treatment when you are incapacitated.
• Blended family estate planning - If you have been married multiple times, have children from multiple relationships, or are otherwise part of a blended family, estate planning can be especially important. Without a plan in place, your assets may not be distributed the way you intended, and your loved ones could end up fighting over your estate. We can help you create a comprehensive estate plan that takes your unique family situation into account and ensures that your wishes will be carried out correctly.

Contact Our Plano Estate Planning Lawyer

Estate planning is an important process that everyone should go through. In addition to ensuring that your wishes will be followed, a comprehensive estate plan can also help your family avoid probate and minimize estate taxes, ensuring that your loved ones will receive the maximum inheritance possible. Do not wait until it's too late to start estate planning. Contact an estate planning attorney at Gateville Law Firm today to get started on creating a plan for your family's future. Call 630-780-1034 to arrange a free consultation. 99 percent of the time, we can meet your needs while providing legal services for a flat fee.