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Giving Yourself the Gift of Peace of Mind -- The ISBA Outlines When You Need an Estate Plan

Question:  At what point should someone create an estate plan? Answer:  You should have an estate plan if you are the parent of minor children, own property, and care about end-of-life health care treatment. An estate plan is composed of one or more documents used to control health care decisions, your property in the event of incapacity, and the distribution of your property in the event of death. Documents may include a Will, Durable Power of Attorney for Health Care, a Living Will, Durable Power of Attorney for Property, and a Living Trust. An experienced lawyer can provide further information and assist you in drawing up an estate plan.   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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