Your estate plan offers you the opportunity to do much more than just decide who will receive your assets when you are gone. Among other things, a well thought out estate plan can also help you grow those assets throughout your lifetime and make sure they are used to provide for your loved ones at the end of your life. The estate planning attorneys at Nash, Nash, Bean & Ford, LLP understand what your estate plan means to you. In fact, we chose to focus our practice on estate planning and related legal issues primarily because we want to help our friends and neighbors in Cambridge, Illinois by ensuring that the people and things that are important to them are safe, both now and in the future.
Located in Northeastern Illinois, the Village of Cambridge is the county seat of Henry County. Cambridge covers just over two square miles and had a population of 2,160 at the 2010 census.
Prior to 1843, the area now known as the Village of Cambridge was owned by Rev. Ithamar Pillsbury. Pillsbury was very well known amongst the Yankee settlers, many of whom were descendants of the English Puritans who settled New England in the 1600s. At the time, those settlers were moving to Henry County in large numbers from New England and upstate New York. Reverend Pillsbury deeded a large portion of his land to the town council and they immediately agreed it was a good place to lay out a town. Lots were sold to incoming migrants and on June 9, 1843 construction began on the town. Roads were laid out, post routes established, public buildings erected and settlers were invited to move there. As a result, the original settlers of the Village of Cambridge were all from upstate New York or New England, causing the area to be culturally comparable to early New England. Today, the Village of Cambridge offers the best of two worlds. The village is centrally located within a thirty minute drive from the dining, shopping, and entertainment options found in the Illinois Quad Cities, Galesburg, and Kewanee while still offering residents the charm, safety, and neighborhood unity that can only be found in a small town.
Nash, Nash, Bean & Ford, LLP in the Cambridge Community
The attorneys and staff at Nash, Nash, Bean & Ford, LLP are honored to serve the legal needs of our family, friends, and neighbors in the Cambridge, Illinois community. We firmly believe that estate planning is vital for everyone and is best accomplished when you have an ongoing relationship with your attorney which is why our goal is to create a lifelong partnership with our clients. By doing this we believe we can help you create an estate plan that protects you, your assets, and your loved ones both now and in the future.
Estate planning is somewhat unique within the law in that it is not a legal matter that is ever truly “resolved.” On the contrary, for your estate plan to be successful it needs to be an ongoing venture that is continuously reviewed and updated to reflect changes that occur in your life. Your initial estate plan may focus entirely on creating a plan for the distribution of your estate assets in the event of your untimely demise. As you progress through the stages of your life, changes in your life will require corresponding changes to your estate plan. If you marry, for example, you will want to include your spouse as a beneficiary in your plan and likely appoint him/her to a fiduciary position within your plan. Becoming a parent will also cause you to start thinking about things such as incapacity planning, probate avoidance, and other estate planning issues that impact parents with minor children. As your asset portfolio grows, you may need to incorporate asset protection and tax avoidance strategies into your estate plan. Retirement planning and Medicaid planning will also need to be considered as early on in your life as possible to reap the maximum benefits from those plans. Our goal at Nash, Nash, Bean & Ford, LLP is to be with you throughout your life’s journey and help ensure that the people and things that are important to you are protected at all times.
If you have questions relating to estate planning in the State of Illinois, or wish to get started on your estate plan, contact the experienced estate planning attorneys at Nash, Nash, Bean & Ford, LLP by calling 309-944-2188 to schedule your free consultation.