Godfrey Illinois Law Blog

You have heard people discuss the importance of creating an estate plan, but you brush it aside because you do not yet have a family or dependents of any kind. In fact, you are doing relatively well for yourself and are confident in your ability to manage your own life in the current moment. At Farrell, Hamilton & Julian, P.C., we have helped educate many people in Illinois about the importance of investing in an estate plan early on. 

Perhaps the largest misconception about estate planning is that it is intended for people only if they are aged and nearing their final years. On the contrary, no matter how young you are, beginning the steps to creating an estate plan can be incredibly beneficial and rewarding. Developing a well-rounded estate plan that caters to your lifestyle and desires can take time to put together, but when done at a stage of your life where you are not stressed, you can spend time thinking about the details. Should you wish to modify anything down the road, it will be much easier to do so than to be trying to create a plan when your life has changed drastically and you are in a bind. 

Living in a covenanted community has its benefits. Gated or closed neighborhoods tend to be well-maintained, quieter and safer. Additionally, it’s easier for homeowners to retain or increase investments made in their properties.

A homeowners’ association checks that residents follow covenant guidelines. It’s no easy feat, but without cooperation comes disarray.