Estate planning documents include wills, trust agreements, beneficiary designations for life insurance, 401(K) plans and IRAs, powers of attorney for healthcare and property, buy-sell agreements , and living wills.

They may also include deeds to transfer real estate to a living trust and changes of ownership of financial assets to the trustee.

Some may also elect to utilize a transfer on death designation for bank or investment accounts and a transfer of death deed for real estate.

Sometimes the basic structure of a business will be altered through corporate recapitalizations, the creation of partnerships, or the establishment of a pension or profit-sharing plan as well as documents to effect change in control and ownership.

With important exceptions, a Will is a document that controls the disposition of a person's property at death.

In Illinois:

• The maker of a will must be 18 years old and be of sound mind and memory.
• The will must be in writing.
• The will must be signed by the maker and must be witnessed by two witnesses in the special manner provided by law. Persons who are beneficiaries under the will cannot serve as witnesses.
• After death, the will is presented in court and, after being proven valid, is put into effect and its provisions are carried out. The proof of the will may be made by a properly acknowledged affidavit as part of the will so the witnesses do not actually need to testify in court.

A will may be revoked or changed at any time before death so long as the maker is legally competent.

Signing or changing a Will requires notary signature and stamp and two witnesses to make it "official".

Reference: https://www.isba.org/public/guide/estateplanning

A Trust is an agreement in which one or more persons (the trustee or trustees) holds and manages property for beneficiaries of the trust.  The person who creates the trust is known as the "grantor," "settlor," or "trustor."

Living or Inter Vivos Trust:  is one that you create while you are alive.

Revocable Living Trust: is a trust that provides you to retain the power to amend or revoke it while you are alive.

Irrevocable Trust: is a trust that cannot be amended or revoked.

Testamentary Trust: is a trust created under your will and does not exist until your will is probated.

Reference: https://www.isba.org/public/guide/estateplanning

How Much Do You Charge?
 

• $  5.00 = Per Notarization
• $15.00 = One Time Admin Fee
• $20.00 = Total Fees

All fees due at the time of appointment