Young, rich and childless? You need an Estate Plan.

Beth Pinsker, of Reuters published an article today titled "Estate planning for the young, rich and childless" Her article states in part:

For many single or childless individuals, the question of how to distribute their worldly wealth after they die is wide-open and complicated. A charity? Alma mater? Distant nieces and nephews? A cat? And who will take care of making sure dying wishes are fulfilled?

When it comes to charitable planning, financial advisers say it is not about how old you are but how rich. If you have $100,000 or more, you do not want to die without a will or estate plan and leave it to a court-appointed executor to decide what happens to the assets you leave behind.

You also have to consider your health care directives and who should manage your affairs should you become incapacitated in an accident or because of illness. A person needs a line-up of contingency names to put on legal forms, and all of those people need to be aware of your desires for medical intervention.

What generally keeps people - with children or without - from estate planning is that they do not want to face their mortality.  Bradford Miller Law, P.C. can help you with all your estate planning needs. We can help you prepare all the legal documents needed , offer advice, and keep your estate plan current with the laws governing estate planning. And, you have the satisfaction of knowing that your financial affairs are in order. Visit our website for helpful information regarding Estate Planning and give us a call at 312-238-9298 for a FREE 15-minute consultation.

Posted by Bradford Miller Law, P.C.
Practicing in Real Estate Law, Landlord Tenant Law and Estate Planning
134 N. LaSalle Street, Suite 1040
Chicago, Il 60602
312-238-9298

http://www.bradfordmillerlaw.com

Offering free legal representation to homeowners seeking a short sale

Key words: Chicago short sale attorney, Chicago landlord tenant law attorney, Chicago estate planning attorney, Estate Planning Lawyer, Chicago real estate attorney, Chicago real estate lawyer, Chicago building code violations, Chicago eviction attorney, Chicago Leases, Chicago real estate attorney fees. This is intended to be advertising. Please consult with an attorney before acting on any information given here.