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Importance of Developing an Estate Plan -- When is it Best to do it?

Question: When should I consider developing an estate plan?Answer: Estate planning isn’t just for wealthier individuals but for anyone who is concerned about what happens to their healthcare, family and property after passing. If you don’t make those decisions now, the courts will decide for you later. A lawyer can help you prepare an estate plan, a will, durable power of attorney and other related documents. For more information about Illinois law, visit www.illinoislawyerfinder.com.  If you have a legal question, send it to illinoislawcolumn@isba.org.Illinois Law Now is a series of newspaper and internet posts prepared by the Illinois State Bar Association that address legal issues of interest to the public. For additional information about the law, visit http://www.illinoislawyerfinder.com/legal-faqs

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