DuPage County Estate Planning Attorneys
Skilled Estate Planning Lawyers Serving Clients in Itasca and Throughout Illinois
Having an effective estate plan is a necessity for everyone. Providing clear legal documentation of your wishes for how your estate is managed and distributed is a gift to the loved ones you will leave behind. At Pankau Law, we will help you answer the difficult financial and legal questions surrounding estate planning and ensure your wishes are properly conveyed. No one looks forward to considering their own mortality, but doing so while you are able will save the ones you love additional challenges at an already difficult time. Whether you are just starting out in life, are enjoying your middle years, or are past retirement, getting your legal affairs in order should be a priority.
Experienced Estate Planning Attorneys in Itasca, Illinois
When most people think of estate planning, they think of making a will. Wills are essential components of many estate plans. These legal documents communicate your wishes for how your assets will be divided amongst your beneficiaries and who will care for your dependent loved ones. To ensure a will properly expresses your wishes and stands up to legal scrutiny, an experienced estate planning attorney is essential. Our experienced attorneys are skilled in drafting wills that are both effective and legally enforceable.
Estate planning involves more than just preparing a will, however; it involves protecting yourself and your legacy. Depending on your financial circumstances and how you would like to distribute your assets, establishing a trust may be in your best interests and the best interests of your loved ones. Trusts are useful tools to help protect and preserve your estate for your beneficiaries by minimizing tax liability and avoiding the expensive and time-consuming probate process. There are a variety of different trusts available, and our attorneys are skilled in explaining your options and helping you make the best possible choices for your situation.
A complete estate plan also includes Powers of Attorney for financial matters and health care decisions. Powers of Attorney are a necessity for anyone over the age of 18, regardless of how much or how little you own. Planning for who will take care of you and your financial affairs should you become incapacitated is just as important as planning for your death. Our legal representatives will advise you on how to protect yourself now and into the future and how to ensure all important legal decisions are made by those you trust.
If you are interested in creating or updating your estate plan, contact us to schedule a free consultation to discuss your legal needs. We will meet with you, answer your questions, and provide a tailored assessment of how you can best protect your estate and your loved ones. Our office is located in Itasca, IL, and we work with clients throughout the Chicago area, including Cook, DuPage, and Kane Counties.