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In Illinois, the cost of estate planning can range from $500 to $7800 or more, depending on the complexity of your estate and the attorneys experience. Its important to consider the essential documents such as a will, trust, power of attorney, and health care directive in this cost estimation.
So call us today! Create an Inventory of Your Possessions. Consider Your Familys Needs After Your Death. Decide Who Your Beneficiaries Will Be. Indicate How You Want Your Estate Divided. Store Your Documents Properly. Update Your Estate Plan Regularly. Seek Help from a Trusted Estate Planning Lawyer.
There are several ways to plan your estate, but the most common include the revocable living trust and the last will and testament. Together, they comprise the majority of peoples estate planning.
A: The three main priorities of an estate plan are to ensure that your assets are distributed in the way you prefer, that someone else has the authority to make decisions on your behalf if you are unable to do so, and that your beneficiaries are clearly defined.
These documents include a financial power of attorney, an advance care directive, and a living trust or a last will.

People also ask

A comprehensive estate plan typically includes four estate planning documents. These documents include a financial power of attorney, an advance care directive, and a living trust or a last will. Heres what each of these documents accomplishes.
Common estate planning documents are wills, trusts, powers of attorney, and living wills. Everyone can benefit from having a will, no matter how small their estate or simple their wishes.

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