
Hiring the best Chicago Wills & Trusts Attorney is an important step for anyone planning to leave property to others, establish care for their children or otherwise express their wishes upon death. Without a valid will, a court could decide how your assets are distributed and who should care for your children – decisions that might not reflect your desires. We draft wills and other estate planning documents that help ensure that your intentions are followed.
We also provide trust services, including the creation of revocable and irrevocable trusts. Our attorneys help clients establish these trusts to distribute their assets and avoid probate. We also review their other assets to determine if any would benefit from being placed in a trust and provide instructions on how those assets should be distributed.
Trusts can also be used to provide financial privacy because they are not a matter of public record. They can also provide disability planning, allowing you to name a trustee to manage the trust in the event of your incapacitation or disability and to follow trust instructions. Trusts are often used in conjunction with a will to avoid the probate process and can help minimize both estate and income taxes.
Our lawyers provide asset protection planning services to help our clients protect their investments and other assets from creditors, predators and others who might try to take advantage of them. We offer legal strategies such as trusts, partnerships and LLCs, in addition to traditional legal tools like wills, trusts and powers of attorney.
The first step is an initial consultation with one of our experienced trust and estates attorneys. We will explore your family dynamics, business interests, charitable inclinations and other issues and work with you to develop an estate plan that is right for your circumstances. We consider both federal and state estate tax, gift tax and generation skipping transfer (GST) laws in our planning process to help minimize your taxes.
When you die, we can also handle the probate of your estate – the process of settling claims against your estate and validating your offered will. During this time, creditors have a window of opportunity to file their claims and the executor of your estate or personal representative is in charge of paying them out of estate funds before making distributions to heirs.
We can assist with any trust and estate issue you may have, regardless of its complexity. Contact us today to discuss your situation with a Chicago estate planning, trust and probate lawyer who can provide knowledgeable guidance. Our firm is committed to delivering high-quality legal services that address your specific needs and goals. To find out more, contact us today to schedule a free evaluation with one of our attorneys. We serve clients throughout Cook County, Illinois and the surrounding areas. Our offices are conveniently located in downtown Chicago and Lincoln Park. We offer evening and weekend appointments. To get started, request your free consultation online or call us at (312) 642-8700.
If you’re overwhelmed with debt, bankruptcy can seem like the only solution. It can help you regain control of your finances and get a fresh start, but it’s important to understand the consequences before filing.


The main goal of tax avoidance is to minimize the amount of money owed to the government. This can be done through the use of deductions, credits, and charitable giving. However, the use of these methods can be illegal. People who engage in tax evasion are committing a felony and may face prison time of up to five years. Regardless of whether or not the method is legal, the consequences of this practice are very serious.
Loveland is a city in southern Ohio known for its vast wooded areas, industry and world class sports teams. The population is aging, and many older people have retired and have reduced means to meet their retirement needs. In addition, many new professionals are being offered low wages by the companies that have downsized, and it is impossible for them to fill out all of the tax forms they need, including the 1031 exchanges.
in order to best prepare for such an audit. Although communication is required between you and the IRS, you should not make it worse by preparing for another audit.
In United States, there are many banks that have come under fire from the federal government and the media because of their lax lending policies. Banks were given ample time to prepare and report tax statements that would make sure they did not violate any of the laws that have been enacted to protect the financial system. If the banks had not done these things, the resulting fallout could have been much greater. Instead of a few people having to suffer, several thousand would have fallen victim to tax fraud and evasion.