Lombard estate planning lawyersAs 2017 comes to a close and we venture into 2018, it is important to make sure your estate plan is still accurate and reflects your current wishes. An up-to-date estate plan will offer peace of mind that your family is taken care of and that your final wishes are fulfilled after you have passed. An estate plan also protects your rights and financial interests while you are still living.  

Without an estate plan, a person’s assets are divided according to state laws. This means that a person without a comprehensive estate plan has little say in how their assets are disseminated after they pass away. If you currently have an estate plan in place, the end of the year is a good time to review and modify the plan as needed.   

Review Your Current Estate Plan  

As you are going over your estate plan, ask yourself the following questions: 

Knowledgeable Legal Guidance 

It is often uncomfortable to prepare for a time after you are gone. However, by taking the time to create an estate plan now, you can save your surviving family members significant frustration and uncertainty in the future. The dedicated Lombard estate planning attorneys at A. Traub & Associates have the experience and skill necessary to make sure your estate plan accurately reflects your need and those of your family. Call 630-426-0196 for a confidential consultation today. 

 

Sources: 

https://money.usnews.com/money/personal-finance/family-finance/articles/2017-07-14/10-essential-estate-planning-tips-everyone-should-know

https://www.forbes.com/sites/investopedia/2012/02/23/5-estate-planning-tips/