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Estate planning for your children can be complex and overwhelming. At Woods & Bates, P.C., we understand these concerns and are here to help. Our firm, based in Lincoln, Illinois, has been providing quality legal services to Logan County, Tazewell County, and beyond since 1972. This newsletter explores the role of trusts in estate planning…

The complexities of the real estate market in Illinois require a thorough understanding of various legal and market dynamics. At Woods & Bates, P.C., we have been guiding our clients through these complexities since 1972, ensuring that whether you are buying or selling residential, commercial, or agricultural property, you are well informed and prepared for…

The transition from adolescence to adulthood is a significant milestone, not only in life but also in legal terms. It brings a crucial shift in rights and responsibilities, both for the young adult and their parents. At Woods & Bates, P.C., we understand the challenges and complexities this change can bring. Since 1972, we have…

As the trusted advisor for your estate planning needs, we wanted to remind you of an important aspect of your estate plan that may require attention in the near future. Over the years, we’ve worked diligently to craft a comprehensive estate plan that reflects your wishes and provides for your loved ones as efficiently and…

Life is unpredictable, and it’s natural for significant events or personal reflections to nudge us towards considering our legacy. Whether it’s the passing of a dear one, the joy of a new life entering the world, or a friend’s advice, thinking about the inevitable is a crucial step. At Woods & Bates, P.C., in Illinois,…

When it comes to planning for your future and the well-being of your loved ones, there’s one document that stands out as paramount: your Last Will and Testament. Let’s dive into the top 7 reasons why having a well-drafted Will is crucial: #7. Shielding Your Assets from Taxes Protecting your hard-earned assets from unnecessary taxation…