The Importance of Estate Planning In Illinois

gw_adminEstate Planning, Justice In Geneva

Estate Planning, or what is commonly known as the creation of a will or family trust, is a vital asset to any Illinois family. Nearly every parent recognizes the importance of a proper plan to care for their family in their absence. However, as family life becomes ever busier, and we struggle with work, after school schedules, financial planning, retirement planning and more, we often neglect our estate plan. Neglecting your estate plan can have dire consequences. Please consider these five reasons to prioritize your estate plan: 1. Protecting your children. As part of your estate plan, you will designate guardians for your children in the event of your death. Without these designations, should you and your spouse pass away, the … Read More