Why You Need a Wills & Trusts Attorney
A Chicago Wills & Trusts Attorney in Illinois is necessary for people who have significant assets that they want to pass on to loved ones in an organized and efficient manner. This process is not just for the wealthy but can help people who are concerned about the possibility of losing mental and physical capacity in the future. Our firm is a trusted source of legal services for families across the state and our attorneys are knowledgeable about Illinois law, different kinds of trusts, and how to ensure that any trust you create is followed to your exact wishes.
We can assist with many other legal issues that can arise in this area. We can help you create a comprehensive living will and health care power of attorney, provide guidance on tax planning and wealth transfers to minimize costs, and appoint guardians for minor children and elderly parents. In addition, our lawyers can also help you prepare to transfer your business and other assets to a family trust for future generations.
In many cases, a trust can avoid probate court altogether and can help to save your family time and money. Trusts can protect assets from creditors and financial predators, such as former spouses in a divorce settlement, and they can preserve ownership of family property and businesses in perpetuity. Our firm can assist with a wide range of trusts including special needs trusts, life insurance trusts and more.
Our estate planning and trust lawyers have a depth of knowledge that allows us to help clients of all sizes and with a wide variety of concerns. We can review your estate to determine whether a trust would be beneficial in your situation and advise you on what the best type of trust is for you.
The death of a loved one can be emotionally devastating, particularly if there is an argument over the distribution of their estate. A legal will can eliminate this problem by establishing the intentions of an individual regarding their property and assets upon their passing. The clarity provided by a will is vital to prevent family disputes and conflicts over the inheritance.
Our team can help to settle these issues in a timely and efficient manner. We can also make sure that your will, trust and other legal documents are up to date if you have married, gotten divorced or had children since the last time you prepared them. Our firm has helped countless families in similar situations, and we can work with you to give your loved ones peace of mind. Call our office today to set up a consultation with an experienced Chicago trust lawyer. We are available to meet with you in our offices, your home, or another location that is convenient for you. We look forward to working with you! Our attorneys are proud to be members of the following organizations. Click on the name of the organization to view our bios and learn more about what we do for our clients.