Experienced & Client-Focused

Orland Park Estate Planning Attorneys

Estate Planning Lawyers Serving the Greater Chicago Area

Planning your estate can be a complex process, but it is a vital process for protecting your assets, loved ones, and future. Estate planning gives your heirs, agents, and family members a road map to your wishes. Having these documents in place can greatly help you when you are incapacitated and unable to care for yourself as well as after you have passed away.

At Consumer Legal Group, P.C., our estate planning attorneys can ease the process of estate planning while creating a plan that is customized to your goals. We can collaborate with you in addressing all of your unique needs and concerns when it comes to respecting your healthcare wishes and protecting your assets.

Consumer Legal Group, P.C. can help you plan ahead by drafting documents such as:

What Are Some of the Benefits of Estate Planning?

Most people think of estate planning as a way to provide instructions on how you would like your care if you were disabled or how you would like your assets managed for you and any dependents. However, an estate plan can do so much more when it comes to ensuring your wishes are respected and followed.

Estate planning can help with:

  • Naming a guardian and an inheritance manager for minor children
  • Providing for family members with special needs without disrupting government benefits
  • Providing for loved ones who may need future protection from creditors
  • Providing for the transfer of your business at your retirement, disability, or death
  • Minimizing taxes, court costs, and unnecessary legal fees

What Is the Difference Between a Will & a Trust?

Generally a last will and testament is not applicable until you pass away. It must also be probated in court which requires a great deal of time and expense to the estate.

On the other hand, a living trust takes effect while you are living. Your assets are transferred to your trust, which you maintain control over. If you become disabled or incapacitated, your trust typically identifies the person or entity that will manage your finances and assets. A living trust also allows you to avoid probate court.

Why Hire an Estate Planning Attorney?

Some people think estate planning with an attorney is only needed for high net worth or otherwise obviously complex estates. However, anyone can benefit from the guidance of an experience attorney in creating their estate plan.

In the state of Illinois, estates of individuals who pass away without a will are subject to Illinois' intestacy laws. This means their assets will be distributed by an impartial court, instead of according to one's own wishes. A lawyer can help you draft a legal will to ensure your wishes for the distribution of your assets are understood.

Most estates in Illinois must also go through probate, the process in which the deceased person's taxes and debts are paid and the assets are distributed to beneficiaries. This can be a difficult and sometime expensive process, especially with high estate taxes. An estate attorney can help you create a plan ahead of time that helps to minimize the impact, difficulty, and expenses of probate.

Call Consumer Legal Group, P.C. to Start Your Estate Plan Today

Our estate planning lawyers at Consumer Legal Group, P.C. are well-versed in estate law at the federal and state level. We can help you navigate, minimize, and avoid legal pitfalls in planning your estate in Orland Park and the Greater Chicago Area. Do not wait until you are ill to plan your estate. If you own any real estate, have life insurance, or any other major assets, you need to establish what will happen to them in serious situations. Remember, if you fail to plan, you plan to fail!

Each plan is different depending on your assets and your goals and there is no one-size fits all solution. This is why it is important that you call our Orland Park estate planning office at 708.279.4191 to discuss your unique situation.

Contact Us Today!

How to Reach Us 708.279.4191 15255 S. 94th Avenue, 5th Floor
Orlando Park, IL 60462 Map & Directions [+]
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