Ensuring a Secure Future for Your Family with Wills and Trusts
Estate planning is one of the most important steps that you can take to protect and provide for your family long term. Unfortunately, most people avoid planning because they believe it will be uncomfortable or complicated. They may put it off until later…sometimes until it’s too late.
With help from an experienced Chicago estate planning lawyer, the process need not to be complicated or uncomfortable. In fact, it can provide great peace of mind to know that this detail has been handled. Contact us to schedule a consultation and take the first step in ensuring your family’s future is secure. Download and complete our Estate Planning Questionnaire to begin the process.
Wills, Trusts and the Tools of Estate Planning
Effective estate planning draws on a variety of legal tools to minimize estate tax obligations, to avoid probate expenses and delays, to protect the assets of your estate, and to ensure that your wishes are carried out. Trusts and wills are two tools to manage the distribution of your property to your beneficiaries.
Whether a will or a trust is the right choice for your particular situation is a question that you should answer in a personal consultation with an experienced attorney. We help individuals and families choose the right tools in order to:
- Ensure the proper people receive property and assets from an estate
- Avoid legal complications that could arise in probate or with the distribution of property
- Minimize the amount of estate tax that your estate will incur so your loved ones inherit more of your property and assets
- Communicate funeral arrangements, allowing family and friends to grieve without the frustration and expense associated with funeral planning
Medical and Financial Decision-Making
Estate planning also includes tools to help you communicate your wishes to your family members about medical care, medical decision-making, and financial-decision making. Don’t leave these critical decisions up to family members in a time of crisis. Communicate your wishes now with a living will, a power of attorney for health care, and an advanced medical directive. We can help with properly prepared documents to communicate your wishes.
Experienced Legal Help with Estate Tax and Business Succession
I care about my clients and their families, and work closely and attentively to offer creative solutions to their particular needs. For clients who own businesses, we offer business succession planning to help them prepare for the orderly transfer of business management and assets to the next generation.
For families who wish to minimize taxation today while transferring family wealth to the next generation. We provide legal counsel on gifting and its impact on estate and gift taxes. Contact us today to schedule an initial consultation with an experienced Chicago estate planning lawyer. Allow us to help you protect your family’s future.