LaGrange: 1023 W 55th St #200, LaGrange, IL 60525 | Deerfield: 770 Lake Cook Rd #100, Deerfield, IL 60015
LaGrange: 1023 W 55th St #200, LaGrange, IL 60525
Deerfield: 770 Lake Cook Rd #100, Deerfield, IL 60015
LaGrange: 1023 W 55th St #200, LaGrange, IL 60525
Deerfield: 770 Lake Cook Rd #100, Deerfield, IL 60015
Estate Planning
Process
Estate Planning Process in Illinois
Preparing for the future doesn’t have to be challenging when you have a knowledgeable estate planning lawyer by your side. At Wilson & Wilson Estate Planning & Elder Law LLC, we understand the importance of creating a comprehensive estate plan to protect your assets. Our dedicated team is here to guide you through every step of the estate planning process, providing personalized solutions tailored to your unique needs.
1. Forming a Will
A will is the cornerstone of any solid estate plan. It is a legal document that outlines how your assets will be distributed upon your passing. Crafting a will involves careful consideration of your beneficiaries, the guardian for any minor children, and specific bequests you wish to make. Our team will work closely with you to draft a will that reflects your intentions and provides clarity for your loved ones during a difficult time.
2. Creating a Trust
In addition to a will, a trust can be a powerful tool in managing your estate. Trusts allow for the seamless transfer of assets to beneficiaries, often bypassing the probate process, which can be both time-consuming and costly. Whether you are interested in setting up a revocable living trust or an irrevocable trust, our experienced attorneys will guide you in choosing the best option to meet your estate planning goals.
3. Drafting Essential Estate Planning Documents
Beyond wills and trusts, a comprehensive estate plan includes various essential documents. These may include healthcare directives, powers of attorney for healthcare and property and living wills. Each document serves a distinct purpose, from appointing someone you trust to make medical decisions on your behalf to managing your financial affairs in your absence. Our team will carefully draft these documents to provide you with peace of mind.
4. Appointing a Personal Representative
Choosing the right personal representative, also known as an executor, is crucial in the estate planning process. This individual will be responsible for executing your will, managing your estate and confirming that your wishes are carried out as specified. We assist you in selecting a reliable and capable personal representative who can handle these responsibilities with the utmost integrity and efficiency.
5. Powers of Attorney
Setting up powers of attorney is an integral part of estate planning. A power of attorney grants someone you trust the authority to make decisions on your behalf if you become incapacitated. This can include managing your financial affairs and making healthcare decisions. Our attorneys will help you establish clear and enforceable powers of attorney so your interests are protected under all circumstances.
6. Reviewing and Updating Your Estate Plan
An estate plan is not a one-time event but an ongoing process. It is essential to review and update your plan regularly, especially after significant life changes such as marriage, divorce, the birth of a child or changes in tax laws. Our team is committed to keeping your estate plan current and aligned with your evolving needs and goals.
Your Trusted Partner in Estate Planning
At Wilson & Wilson Estate Planning & Elder Law LLC, we are dedicated to providing personalized solutions for all your estate planning needs. By working with us, you can be confident that your estate plan is comprehensive, legally sound, and tailored to protect your legacy. Contact us today to schedule a consultation and take the first step towards securing your future with confidence.
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Hear From Our Satisfied Clients
Wilson & Wilson Estate Planning & Elder Law, LLC helped me navigate a very tumultuous time in my life. Sandra and her team were so gentle with me and the processes that needed to take place for a timely distribution. They worked tirelessly to ensure I was supported throughout the process. Although no one is actually prepared for the death of their loved one Sandra made going through it less painful. I’m forever...
Bill Wilson and his staff are amazing! We have known Bill for over 25 years and have trusted him to handle our different legal situations. From his expertise in our estate planning to seeking his advice on handling our elder relative's estate, we are confident we have the best protection by using Bill. My family and I are truly thankful for his knowledge and patience when dealing with such personal and tough conversations...
GOD has blessed me with alot but by people's standards maybe not that much; however Attorney Sandra Schildgen made me feel like a Billionaire! It is also noteworthy that from the front office and assistant personnel gave that feeling "we are family". I look forward in continuing our relationship in the future. GIVE Wilson & Wilson your business.
Great attorneys, and great staff in general, all knowledgeable and extremely helpful..
Everyone was really professional and helpful with assisting me with Estate Planning!
Mr. Wilson has helped our family VERY MUCH. His "down to earth" honesty and integrity made what could have been a difficult situation easy to get through. AND, we felt his rates were reasonable for the personal service we received. HIGHLY RECOMEMDED.
Wilson & Wilson has the experience, knowledge and professionalism to handle complex estate planning needs.They address all the details and devise a tailored plan providing asset protection, growth and wealth management.
I can’t say enough about the way Sandra, Kayla and Jennie handled my legal needs. The Medicaid process for my husband was very complicated for me but this team of professionals handled all of it and kept in touch with me through the entire process. Every concern and question I had was promptly addressed and I am very satisfied with the final outcome from the appeal Sandra filed for us. In addition to...
Our experience with Wilson and Wilson in updating our estate planning documents was great. Sandra and Kayla were wonderful to work with. Sandra took the time to make sure we understood the language and elements of each document. She is very knowledgeable thorough understanding and open to suggestions and changes. The work was completed in a minimum amount of time. We feel fortunate to have had such a great worry-free experience working with...
We just received the refund from the facility today. Thank You so very much for all your help with my Mom's file. You and the staff at Wilson & Wilson Estate Planning & Elder Law LLC are outstanding people. It is an Honor to have your law office represent us. I would like to keep in touch with you for future family business.
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