If you have yet to create an estate plan, there is no time like the present to get your plan started with the help of the estate planning attorneys at Nash, Nash, Bean & Ford, LLP. After all, a well thought out estate plan can accomplish much more than simply creating a framework for the division of your estate assets upon your death. If you are a resident of Henry County, Illinois, we would be honored to be chosen to help you create an estate plan that reflects your needs and wishes, both now and in the future.
The History of Henry County, Illinois
Henry County, Illinois was originally part of Fulton County; however, on January 13, 1825 what is now known as Henry County was officially created out of Fulton County and named in honor of Patrick Henry, the Revolutionary War character famous for the slogan “give me liberty, or give me death.” The county was first settled by immigrants from New England and the western part of New York descended from the English Puritans whose ancestors settled New England in the colonial era. Known as “Yankees,” the New England settlers founded the five towns of Andover, Wethersfield, Geneseo, Morristown and La Grange. The land on which the current county seat of Cambridge is located was originally owned by a man named Rev. Ithamar Pillsbury. Reverend Pillsbury deeded a large portion of his land to the town council who decided to begin building a town on the land. Lots were sold to incoming migrants and on June 9 of 1843 construction began on the town. Most of the original settlers to the area were of New England origins or were Yankees from upstate New York whose families had moved to that place from New England only one generation earlier. As a result, Henry County was culturally very similar to New England at the time it was established.
Henry County, Illinois Today
Located in the northwest portion of Illinois, the size and shape of Henry County has changed several times over the years. Currently, the county takes up approximately 825 square miles and has a population of just over 50,000 residents. Henry County, however, is considered part of the Davenport-Moline-Rock Island, IA-IL Metropolitan Statistical Area which has a population of almost 400,000 people. Located roughly in the center of the county is the county seat of Cambridge with a population of about 2,000 residents. Henry County has four incorporated cities (Colona, Galva, Geneseo, and Kewanee),two towns, and nine villages along with numerous unincorporated communities.
Nash, Nash, Bean & Ford, LLP in the Henry County Community
As you may already know, the creation of an estate plan can be a highly sensitive and very personal undertaking. Working with the right estate planning attorney is crucial to creating a plan that reflects your estate planning needs and objectives At Nash, Nash, Bean & Ford, LLP, we would be honored to assist you with your estate plan. We are dedicated to creating lifelong relationship with our clients in the Henry County, Illinois community so that we can help you review and revise your estate plan as you pass through the various stages of your life.
It is rare that an initial estate plan remains sufficient to meet the needs and objectives of the creator over the course of that creator’s lifetime. Typically, as you pass through the various stages of your life, your estate plan will need to be reviewed and revised to address the changes that occur during those stages. A Last Will and Testament may be the extent of your initial estate plan when your biggest concern is not leaving behind an intestate estate. When you have a spouse and/or minor children to protect and provide for, you may wish to incorporate additional estate planning components such as incapacity planning, a trust to protect your children’s inheritance, and probate avoidance strategies to ensure the assets you leave behind are immediately available to your loved ones. With the growth of your estate assets, you may need to consider asset protection techniques as well as tax avoidance strategies to protect the value of your estate. AT some point, you should begin merging your retirement plans with your estate plans to ensure that the two plans work in harmony with each other. As you near your “Golden Years,” Medicaid planning as well as funeral and burial planning will likely be included in your comprehensive estate plan along with an advance directive if you have strong beliefs about end of life medical treatment. 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 Illinois estate planning attorneys at Nash, Nash, Bean & Ford, LLP by calling 309-944-2188 to schedule your free consultation.