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Estate Planning

Connect with a Qualified DuPage County Estate Planning Attorney Today to learn more about our comprehensive approach to structuring a plan that meets your needs and ensures that your wishes are respected.  Our expert advisors a provide clients with peace of mind.

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Estate Planning Lawyers in DuPage County Protecting Client Interests

Pratice Area

However prudent, planning for the future too often is problematic. Rare are the times that people sit down to make out a will. Never mind considering whether a document that subjects assets to probate is the best means of ensuring that loved ones receive the full measure of their bequests.

At The Chicagoland Law Firm, our Estate Attorneys know the value of putting affairs in order before death and disaster strike. Our comprehensive approach to Estate Planning means that we’ll look to create and implement a plan that preserves your assets through the time of transfer. And one that lowers the costs.

We help alleviate the burdens of administering your assets in the event of your incapacitation. We offer the Administrative Services and structure the Advance Directives that enforce your wishes when you can’t.

Do I Need An Estate Lawyer?

Our DuPage County Estate Attorney ensures that clients understand the full spectrum of available options for the transfer of assets. We tailor instruments that protect and preserve their assets for bequest. We create the Advance Directives that provide peace of mind long before healthcare becomes an issue.

Our Estate Planning professionals consult with accountants, advisors, insurers and money managers to ensure that the vehicles we structure shield assets from Probate. We limit exposure to inheritance, gift taxes and the threats posed by creditors in the event of bankruptcy.

We also provide for clients should they be unable to make decisions about their finances when they are laid low by accident or disease. Planning for incapacity means that wishes for your financial assets and medical care will be met if chronic conditions and unforeseen medical events impair your ability to make those decisions.

 

Types of Estate Planning Services we Provide in DuPage County

Illinois Estate law provides a host of ways that maximize value and minimize risk. These include charitable giving and irrevocable trusts that reduce taxes. We help clients with structuring and administration of these Estate Planning vehicles.

How We Work

Our results-driven approach​

Plan

Our Estate Planning Attorney works with you to outline a long-term strategy for succession and transition. We consider your wishes and your circumstances, creating contingencies that ensure they are met and your loved ones are protected.

Examine

Working with your bankers, financial advisors, accountants and insurers, our Estate Lawyer plots a course that protects your assets and your interests. We maintain a repository of relevant documents and titles that may be used in settling your estate.

Execute

Our team of legal professionals keeps your plan current by keeping abreast of changes in Estate Law. Should your circumstances change, we can help to ease the burden on loved ones by ensuring you are cared for as you so desire and in the distribution of your bequests.

Your Full-Service DuPage County Estate Planners

When you retain us to provide Estate Planning services, our experienced team examines your goals and objectives. Both for distributing money and property. And for the contingencies that will sustain you and your loved ones should you become physically or cognitively impaired.

We examine your assets in consultation with your financial planners and your bank. We also go over the statutes and rules governing ownership of businesses, corporations and other legal entities.

With your permission, we discuss with your loved ones the issues around succession planning. We consider the needs and care of minor children, including grandchildren and extended family.

After this analysis, we’ll provide you with a plan that meets both your interim and long-term goals. This includes strategic advice on the best means of transferring your assets, minimizing taxes, establishing guardianships and supporting philanthropic causes.

Experienced Advisors Offering Expert Counsel in Downers Grove

The diversity of Estate Planning vehicles available in Illinois creates confusion about the best way to steward your assets. Choosing one over another can drive up costs. Our Estate Planning Attorney is familiar with these vehicles and the laws that govern them. We know how to shield assets from tax and the structures that enable you to retain control even if you become incapacitated.

We invite you to call on our DuPage County Estate Attorney to discuss a comprehensive, long-range Estate Planning solution that suits your needs and wishes. Please fill in the contact form for a FREE consultation. You also may call (630) 550-5242 to speak with a member of our team right away. Or, visit our offices in Chicago and Downers Grove to speak with us directly.

Our legal professionals can help you achieve the peace of mind that comes from knowing that your money and property will be distributed according to your wishes. And that your loved ones will be spared the burden of dealing with your medical care should you become incapacitated.

 We know the law, we know how to make the law work for you.

Practice Areas

Our Attorneys

Criminal Defense Attorney
James Yrkoski​
Phone : (630) 550-5242​
Criminal Defense Lawyer
Jonathan S. Goldman
Phone : (630) 550-5242​

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OUR ESTATE PLANNING PROCESS

Frequently Asked Questions

Simply put, Estate Planning is peace of mind. Creating an Estate Plan allows you to dictate both how your assets will be distributed after you die and the level of care you’ll receive should you become incapacitated. Having a plan in place removes the burden on your family of making those decisions. A plan also can eliminate the need for costly probate and can shield your nominated beneficiaries from tax when assets transfer.

The state oversees the distribution of assets for those who die intestate, which means without an Estate Plan in place. The process, called Probate, takes place in County Court and ensures that the deceased leaves no debts or taxes unpaid. Probate takes up to a year to complete and often results in disputes among heirs about who is entitled to the remaining portion of an estate. All Wills must go through Probate ahead of disposition an estate’s assets.

The short answer is that there’s no time like the present to create a plan that dictates how your assets are distributed and shields them from tax. Estate Planning allows you to prepare for unforeseen accidents and medical events. It gathers all the key ownership documents and financial records in one place and provides a power of attorney for their administration. It can address issues of guardianship of minor children. And it can stipulate how you will be cared for in the event you become incapacitated. An Estate Plan lets you protect your family and yourself.

Most Estate Plans contain a Will, a named executor and Power of Attorney, and Advance Directives that provides instructions about the care and treatment you’ll receive should you become incapacitated. Additional structures may include Living Wills, an array of trust structures and designations of Powers of Attorney for property and for healthcare.

The cost of creating a comprehensive Estate Plan will vary depending on several factors. Among them, the amount and types of assets you hold; the type of structure or structures that you wish to create to steward those assets; maintenance of any and all documents included in the Estate Plan; and contingencies for unexpected changes to laws and practices over your lifetime and the life of the Estate Plan. Typically, an Estate Planning Attorney will charge a flat fee to create a plan, along with a schedule for annual maintenance. Billable hours also are used, including a fee schedule for oversight and disposition when a will is executed, a trust is administered and assets are transferred. Sometimes, a contingency fee is incorporated that compensates your Estate Planning Lawyer for work performed that is caused by circumstances unforeseen at the time your Estate Plan was created and implemented.

Depending on the amount and types of assets, a comprehensive Estate Plan can be set up in under a month from the initial consultation with our Estate Planning Lawyer. This includes gathering documents, speaking with financial service providers, outlining your options and structuring the legal vehicles that provide for asset distribution and care should you become incapacitated.

Retaining an Estate Planning Lawyer is often the most efficient way to steward and shield your assets. Knowledge of the types of structures available to you, the laws around probate and tax, and the professional interest to keep abreast of changing laws and practices can speed the creation of plans and make their maintenance a matter of course. The presence of a qualified Estate Planning professional can ease the pressure on loved ones at challenging  times.

We invite you to call on our DuPage County Estate Attorney to discuss a comprehensive, long-range Estate Planning solution that suits your needs and wishes. Please fill in the contact form for a free consultation. You also may call (630) 550-5242 to speak with a member of our team right away. Or, visit our offices in Chicago and Downers Grove to speak with us directly.

Our legal professionals can help you achieve the peace of mind that comes from knowing that your money and property will be distributed according to your wishes. And that your loved ones will be spared the burden of dealing with your medical care should you become incapacitated.

We know the law, we know how to make the law work for you.