In a world where no one can predict the future, an estate plan helps you to communicate your wishes in the event of your death or incapacity. The goal is to ensure that your family, friends and heirs are cared for in the manner you choose. While many people believe that an estate plan is only for those with significant wealth, the truth is that everyone should have a comprehensive estate plan.
A qualified estate planning attorney in Chicago can help you prepare legal documents that communicate your wishes for the handling of your property, finances and healthcare after your death or incapacity. They can also help you avoid unnecessary taxes and the expense of a lengthy probate process.
The team at Davis & Associates Attorneys at Law has decades of experience helping clients create individualized estate plans that fit their unique situations. They are well versed in the most common documents such as a will, living trust, advance health care directive (AHCD), durable power of attorney for financial matters and healthcare, and guardianship designations. They can also provide advice on a variety of less common estate planning tools such as trusts for real property, charitable trusts and third party special needs trusts.
An effective estate plan can help you reduce your exposure to gift, inheritance and estate taxes as well as provide guidance on ways to minimize taxes while maximizing the value of your assets during your lifetime. They can also assist you with more complex issues such as protecting your children’s safety and security, preserving your privacy and ensuring that your loved ones receive the benefits you desire.
Founded in 1919, Berger, Newmark & Fenchel P.C. serves clients in Chicago, the surrounding area, and the Midwest region. The firm’s attorneys focus on delivering dedicated and knowledgeable representation to clients. They specialize in the areas of estate and trust planning, taxation and litigation, labor and employment law and business transactions. They are Lead Counsel Verified, which means they have been independently verified by a national organization and are in good standing with their bar association.
A highly experienced estate planning attorney in Chicago can protect your interests by preparing a comprehensive plan that includes the most commonly used legal devices. A well-crafted estate plan will include a will, trusts, power of attorney for medical and financial matters, and guardianship declarations. It will also address any unique circumstances such as children with disabilities, marital status or business ownership.
Located in the West Loop, Webb Law Group LLC focuses on delivering transparent and efficient legal services to clients. The firm’s attorneys, Ralanda Webb and Steven Todd Schmall, have extensive experience in landlord and probate matters. They are also skilled in drafting trusts, wills, and advanced healthcare directives for their clients. Having practiced law for over 25 years, they are committed to using their knowledge and expertise to benefit their clients. They have been recognized for their commitment to their clients and are members of the Academy of Special Needs Planners.