When should I start planning my estate?
As long as you are legally an adult and you have an income, it is never too early to start planning your estate. While estate planning may be something often associated with older individuals, it is both possible and wise to begin putting your affairs in order as soon as you reach your early twenties.
While most people can expect to live well beyond this time period, having an estate in place can help simplify the legal process for your loved ones should you unexpectedly pass away. No matter how modest your financial assets, these funds will need to be accounted for after your death —and if you do not have a plan for your money during your life, the people you love will have to create a plan once you are gone.
Plan Your Estate As Soon As You Can
We encourage everyone to plan their estate as soon as they are able. Depending on the complexity of your finances, you may be able to handle the paperwork and process on your own. To be sure you do not encounter any unexpected roadblocks, however, it is always best to consult a knowledgeable estate planning attorney. Call us at Robert M. Kaplan, P.C. to schedule a consultation to discuss your estate planning in Schaumburg, IL today!
Robert Kaplan helped this client with his father's estate, which turned out to be a tricky case. Contact our Schaumburg IL law office to learn more about estate planning.
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"I would recommend them to anybody who is looking to have their will and estate planning done"
This couple came to the Law Offices of Robert M. Kaplan, P.C. ... Read More