Essential Family Estate Plan
Offering peace of mind for your family and ensuring you are protected against the unexpected
As families across the United States are dealing with the effects of the coronavirus crisis, many people are concerned about making sure they and their family members will be protected if the unexpected should happen. Even though the pandemic has placed these issues at the forefront of many people's minds, any time is a good time to start building a plan for your estate. At Botto Gilbert Lancaster, PC, we can help you address your concerns, such as who will care for your children if you are not there; who will make healthcare or financial decisions if you are unable to make them yourself; and how will your wealth be shared with those you care about the most. Our Essential Family Estate Plan can offer you peace of mind and ensure that you will be prepared for the unexpected. To schedule a consultation, contact us at 815-338-3838.
We are offering an estate planning package that will allow you to put the most fundamental and immediate protections in place to protect against calamity in case of the unexpected. Our Essential Family Estate Plan includes a basic Will that specifies your wishes for how your final affairs should be handled after your death. It also includes Powers of Attorney for Healthcare and Finances, which will name someone who can make decisions for you if you become incapacitated, as well as a Living Will that decides what type of medical care you do or do not want to receive if you are diagnosed with a terminal illness.
The cost of our Essential Family Estate Plan is $300.00 for an individual or $500.00 for a married couple. We can help you create and execute the included documents quickly and smoothly. In fact, the entire process can be completed without leaving your home. We will communicate with you remotely, explain the process that is followed and the decisions you will be making, and we will walk you through the process of signing and executing your estate plan.
We will answer your questions and explain the best ways to address your concerns and meet your family's needs.
We will go over the documents with you to ensure you fully understand all of the aspects of your estate plan.
We will guide you through the process of signing documents, and we can notarize signatures through video conferencing.
While our Essential Family Estate Plan can meet your family's immediate needs and ensure that you are prepared for the unexpected, you may also want to consider using other estate planning tools as you make plans for your family's future. This can not only ensure that your family will be provided for, but it can also help address your own needs throughout the rest of your life. Some issues you may want to consider include:
Revocable living trusts and other types of trusts are common instruments that allow assets to be placed in the control of a trustee with instructions for how to distribute them to beneficiaries. These beneficiaries may include yourself, your family members, individuals with special needs, or charitable organizations.
Depending on your family's needs, you may be able to utilize a number of different asset protection strategies to reduce potential claims by creditors, minimize taxes, and ensure that wealth is passed on to children, grandchildren, or other heirs.
You may own a variety of assets that you want to address in your estate plan, including real estate property, retirement savings and pensions, investments, stock options, executive compensation and bonuses, or valuables and collectibles.