• sooyeonleelaw

Remote Notary for Estate Planning

Updated: Apr 15, 2020

By Soo Yeon Lee, Esq.

In these uncertain times, now more than ever we are thinking of our health and life’s uncertainty. An increasing number of people are thinking about establishing a will and other aspects of their estate plan.

Estate planning is not some complicated thing that only certain group of people need. Everyone needs one form or another of the essential legal documents through life's many contingencies.

Below are some questions to consider. But remember, the most valuable thing right now would be thirty minutes of your time to bounce questions off of a good lawyer about what's essential in your own circumstances.

1) Do you have essential documents for your family?

There are documents essential to ensure that you and your family can take care of each other through life’s ups and downs. Learn what they are and consider creating them if you don’t already have them.

2) If you have those essential documents, are they still current?

Have your circumstances changed? Have you had children since you did your planning? Have your children grown up and started their own families? Are your executors and trustees still suitable choices?

3) Lastly, review your beneficiary designations.

Review your beneficiary designations on your retirement plans, life insurance and non-retirement assets with transfer-on-death instructions.

Many of these essential estate planning documents require signing in the presence of witnesses or a public notary. Traditionally, this meant coming into a law office to properly sign the documents. To remove these barriers, Illinois Governor J.B. Pritzker issued an executive order allowing for legal documents to be witnessed by video conferencing for the duration of the COVID-19 pandemic. This means you can have your estate planning documents created (or updated) and signed without leaving your home.

I welcome the opportunity to help you identify what you need in your own specific circumstances. A good counseling is all you need to get started. Schedule a consultation with me for the essential legal documents that can take care of you and your family!