Creating a complex estate plan may be a reality for individuals with larger estates, diverse assets, and intricate family dynamics. While the process may seem daunting and potentially expensive, there are strategies to keep costs down without compromising the quality and effectiveness of the plan. If you are looking to create an estate plan but are concerned about the complexity of your estate and how much it may cost to make your plan, an experienced lawyer can assist you. Whether you want to create an Illinois will or something else, help is available.
Plan Ahead and Organize
Before meeting with an estate planning attorney, take the time to gather and organize all relevant financial and legal documents. This includes property deeds, investment statements, insurance policies, and business documents. You can save time and reduce billable hours spent on information gathering by providing a comprehensive overview of your assets and liabilities.