A good Chicago estate planning attorney can be a great resource for your family in the future. They can help you draw up the right legal documents to make sure your assets are distributed according to your wishes and to avoid probate, which can be lengthy and expensive for heirs. They can also work with you on trusts, which are useful for keeping certain assets out of the hands of heirs until they are ready to receive them.
The team at Davis & Associates Attorneys at Law is comprised of Wills & Trusts Attorney with stellar pedigrees who are highly experienced in all aspects of trust and estate law. They have been helping clients prepare for their family’s future needs for over 25 years. They offer free consultations to discuss your specific situation and goals.
Choosing the Best Wills & Trusts Attorney
When it comes to your legacy, an estate plan is one of the most important things you can do for yourself and your loved ones. It can ensure that your assets are passed down to the people you care about in the way you want, and it can avoid costly probate and taxes that can eat away at the value of your estate. The best estate planners have years of experience assisting families with creating their legacy plans, and they can guide you through the process from start to finish.
If you’re looking to create a simple will or a more comprehensive plan, there are several online services available that can help you. Many of these services charge a flat fee for their service, and you may be able to purchase additional services such as power of attorney forms or living trusts at an additional cost.
Some services allow you to add a second will at a discounted rate, which is an excellent option for couples or partners who own property and assets together. These services also often have a feature where you can choose to have an estate planning attorney review your documents at any point in the process for a higher price.
While it’s possible to draw up a trust on your own without the help of an attorney, you should only do this with the guidance of a lawyer who knows Illinois law and how trusts work. A trust can be complicated and may require specific language to protect you and your heirs. An attorney can also make sure the terms of a trust are followed exactly to your instructions after you pass on.
In addition to wills and trusts, we can help you create other important estate planning documents such as a durable power of attorney for health care and a durable power of attorney for finances. These documents allow you to name a trusted individual to handle your affairs in the event of an illness or incapacitation. We can also create special needs trusts to provide for a person with a disability while still allowing them to qualify for public assistance programs.