Blog

Five Reasons Business Owners Need Estate Plans

Five Reasons Business Owners Need Estate Plans

Did you know that nearly 70% of U.S. citizens have not established an effective legal strategy for passing on their wealth and wisdom?

But when people fail to get their affairs in order, they can end up leaving behind a mess for their loved ones to deal with after they’ve passed away – and this is especially true for business owners.

If you are a business owner in or near McHenry, IL, Diamond Legal can help you put an estate plan in place. Here are five reasons why that’s important.

What Documents Should I Have to Start My Estate Plan in Illinois?

What Documents Should I Have to Start My Estate Plan in Illinois?

An estate plan is a comprehensive instruction manual for your loved ones to let them know what to do with your children and your property.

Thus, there are several documents you will need to have on hand to get started. From our team of estate planning attorneys at Diamond Legal in McHenry, Illinois, here is what you need to get your estate plan started in Illinois – and why having an estate plan is so important.