NASH BEAN FORD & BROWN, LLP FAQs

We at Nash Bean Ford & Brown, LLP share our fees at our free workshops in the context of the planning options available. We will quote you an exact fee when you come in for your personal consultation with an estate planning attorney once we understand your situation and goals. 

Estate planning is a highly personal endeavor. Just as no two people are exactly the same, no two estate plans are exactly the same. As such, there are no basic requirements for an estate plan. There are, however, some common components found in most plans, such as:

• Last will and testament
• Living trust-advanced directives (living will and health care)
• Power of attorney
• Durable power of attorney
• Incapacity planning
• Funeral and burial plan
• Retirement planning
• Medicaid planning

Our attorneys will help you with each step. We also encourage clients to include a written or videotaped record of their memories and values as an enduring legacy for their family.

Creating an estate plan is important. However, failing to review and revise that plan can be worse than not having a plan in the first place. There are no hard and fast rules for how often a routine review should take place. We at Nash Bean Ford & Brown, LLP advise you to review your plan every three to five years during your working years, and then every five to seven years thereafter. In addition, certain life events call for an immediate revision of your plan, such as a divorce, death, move to another state, or major change in assets. Let our attorney for trusts and wills Moline, IL counts on guide you every step of the way.

Although most people acknowledge the need for an estate plan eventually, those same people frequently operate under the belief that they don’t need a plan yet. According to Legal Zoom, only 32% of Americans have a will. The rationale behind this belief is that you do not need an estate plan until you have amassed a valuable estate and/or until you have a family. The truth, however, is that every adult can benefit from an estate plan. You want to be the one to decide what happens to your assets in the event of your death. More importantly, the estate plans at Nash Bean Ford & Brown, LLP include documents that let you choose who has access to your health care information and who makes the decisions about your property and health care if you are incapacitated. Consult with our estate planning attorneys in Moline, IL to get started today.

It is tempting in today’s electronic age to rely on forms found on the internet when it comes time to create your last will and testament. However, doing so greatly increases the odds of litigation when it comes time to probate your estate. Ultimately, the time and money you may save by going the DIY route will likely end up costing your loved ones considerably more time and money down the road. In addition, using a DIY form to create your will can result in unintended consequences given the fact that an attorney will not be part of the creation of the document. At Nash Bean Ford & Brown, LLP, our estate planning attorneys in Moline, IL builds your estate plan to fit your needs and goals rather than squeezing you into an online, one-size-fits-all form.