The idea of dying is a topic that most people would rather avoid discussing. However, it is a reality that needs to be addressed and planned for, especially if you have significant assets. With the help of a Chicago Illinois Wills & Trusts Attorney, you can give your loved ones peace of mind and ensure that your wishes are carried out as you intended them to be.
A Will is a legal document that stipulates how you want your money, capital, and assets to be distributed upon your death. It also names the executor of your estate and the trustees of any trusts established within your will. It is a great tool for setting out your final wishes and for establishing the guardianship of minor children or a loved one with special needs. Trusts are a way to avoid the lengthy probate process and can reduce the amount of taxes your family will have to pay.
With the assistance of a trusts lawyer, you can establish an irrevocable or revocable trust to protect your assets and property and provide you with tax advantages. The lawyer can also assist with other estate planning tools, such as durable powers of attorneys for health care and financial matters. They can even set up trusts for special needs individuals in order to supplement government benefits and avoid disqualification.
Our firm has a team of experienced and knowledgeable lawyers who have the skills necessary to assist you with all of your estate planning needs. We will help you determine which assets should be placed in a trust, how to minimize taxes, and who should be named as the guardian of your minor children. We are able to work with clients on an individual basis to create a comprehensive plan that is unique to their situation.
Regardless of how thorough an estate plan may be, disputes can still arise after someone’s death. Our attorneys can resolve any controversies between beneficiaries, family members, or fiduciaries through mediation and litigation as needed.
Our clients are always the focus of our efforts and we are devoted to helping them reach their goals for their families’ futures. We offer a free consultation for our services. Call us today to get started! We are located in Chicago, IL. We are licensed to practice in all Illinois State Courts as well as the United States District Court for the Northern District of Illinois and all Federal Courts located in the Northern District of Illinois. We are also a member of the American Bar Association. We are certified by the National Board of Trial Advocacy as a Civil Mediator and have been recognized by Martindale-Hubble as a Top Rated Lawyer. We are also AV-rated by Martindale-Hubble, which is the highest rating possible for an attorney. We are accredited by the Better Business Bureau and maintain good standing with the Illinois Bar Association. We are also certified by the State of Illinois as a Probate Law Specialist.