Estate planning is the process of creating a legal document that sets out your final wishes regarding your property, finances, health care, and family. Having an estate plan ensures that your assets are distributed according to your desires, minimizes the potential for conflict among family members, and reduces taxes and legal fees. In addition, a well-drafted estate plan can help you avoid probate, a costly and time-consuming process that must be completed after the death of a loved one.
A Chicago estate planning attorney can help you create a comprehensive plan that may include the use of trusts, beneficiary designation, and other legal strategies designed to transfer assets outside the probate process. This can significantly speed up the distribution of your assets, reduce costs, and maintain privacy. A Chicago estate planning lawyer can also assist you in minimizing estate taxes, which are levied on the value of your assets when you die.
When you are ready to find a qualified and experienced Chicago estate planning attorney, Start by researching attorneys in your area. Review their profiles and compare their education, experience, client recommendations, and other information to select the best lawyer for your needs. Schedule consultations with at least a few attorneys to discuss your situation and to evaluate their experience and expertise. Choose an estate planning attorney who understands your goals and with whom you feel comfortable working.
Wilson & Wilson Estate Planning and Elder Law LLC has over 30 years of experience helping clients prepare their estate plans, establish guardianships, and draft documents like wills, power of attorney for healthcare, and trusts. Their team of lawyers is dedicated to helping families protect the financial and personal interests of their loved ones and can handle probate, litigation, and tax matters.
An estate planning attorney in Chicago Illinois can help you create a will and other legal documents to protect your property and provide for the care of your children, spouse, or pets after your death. They can also help you plan for future incapacity by establishing living trusts and durable powers of attorney, and they can advise you on strategies to reduce your estate taxes. A seasoned Chicago estate planning attorney can also help you navigate the probate process, which can be complicated and lengthy.
A boutique law firm in Chicago is seeking a mid-level private wealth associate attorney with at least 10 years of experience focusing on sophisticated estate and tax planning, trust and estate administration, charitable giving strategies, and family office services for high-net-worth individuals. The law firm is Lead Counsel Verified and has a reputation for providing superior client service to families, individuals, and C-suite executives.
Tuohy Law Offices has served clients in the Chicago area since 1982. The law firm specializes in planning and administering trusts and estates, tax matters, family business planning, real estate, and entrepreneurship. Their attorneys are licensed in multiple states and have been recognized for their work by SuperLawyers, Wealth Counsel, ElderCounsel, Advisors Forum, and the Leading Lawyer Network. They are committed to serving their clients with integrity and a tradition of service that was started in 1919.