Oak Brook Estate Planning Attorneys
and Oak Brook Trust Attorney
Get expert Oak Brook estate planning advice with Tuohy Law Offices
Estate planning lawyer you can trust
A life well lived is one filled with precious moments and valuable assets. Creating a plan to protect your legacy becomes crucial as you build a fulfilling life in Oak Brook, Illinois. Tuohy Law Offices’ team of experienced estate planning attorneys in Oak Brook has a long history of helping residents secure their future. Our dedication to the community and practice in estate planning makes us a valuable resource for anyone looking to ensure their needs are met.
With over 40 years of experience and over 6,000 living trust estate plans prepared, we understand the intricacies of Illinois law and the unique estate planning needs of Oak Brook residents. Our personalized approach ensures your estate plan reflects your desires, protects your loved ones, and minimizes future complexities, enabling you to make informed decisions about your estate. We can also represent clients in court if necessary.
Many people mistakenly believe that a will is sufficient for estate planning. However, wills go through probate, a lengthy public court process that can be expensive and time-consuming for your beneficiaries. On the other hand, an effective estate plan that goes beyond a will can help you:
- Avoid probate: A living trust, a cornerstone of our estate planning service, can effectively bypass probate, saving your beneficiaries from unnecessary delays and legal fees.
- Minimize taxes: Strategic estate planning can ensure a larger inheritance for your loved ones.
- Protect assets: A well-crafted estate plan safeguards your assets from creditors and potential lawsuits.
- Maintain control: Determine how your assets are distributed and how your minor children are cared for in case of incapacity.
- Reduce family conflict: A clear and comprehensive estate plan minimizes misunderstandings and disputes among beneficiaries.
The benefits of choosing Tuohy Law Offices
for your estate planning needs in Illinois
At Tuohy Law Offices, we take pride in offering our clients a comprehensive
and personalized approach to estate planning. Here’s what sets us apart:
Experience
With over 40 years of experience, we have the legal expertise and a proven track record of success in guiding Oak Brook residents through the estate planning process.
Knowledge
Our law firm possesses in-depth understanding of Illinois estate planning law, ensuring that your plan is comprehensive and legally sound.
Personalized attention
Building strong relationships with clients is essential for our success. We work hard to provide personalized attention and excellent customer service throughout the process of estate planning.
Compassion and understanding
We recognize the emotional nature of estate planning and approach each client with sensitivity and respect.
Commitment to Oak Brook
Our law firm is deeply rooted in the Oak Brook community and understands the needs and values of its families.
Tuohy Law Offices’ Oak Brook estate planning services
Our professional Oak Brook estate planning lawyers offers a comprehensive suite of services to meet your specific needs:
Living trusts
A living trust allows you to transfer ownership of your assets to a trust while retaining control during your lifetime. Upon your passing, the assets can be distributed to your beneficiaries without going through probate, saving time and money.
An estate planning lawyer can help you determine if a living trust is right for you and guide you through the creation process.
Wills
A will is a fundamental estate planning document that outlines your wishes for the distribution of your assets to your family after your passing.
An estate planning lawyer will help you draft a last will that is legally sound and reflects your specific desires.
Power of attorney
A power of attorney grants legal authority to another person to manage your finances or healthcare decisions in the event you become incapacitated.
We can help you establish both financial and healthcare power of attorney documents.
Beneficiary designations
Certain financial accounts, including retirement plans and life insurance, let you directly name someone to receive the money after you pass away.
Our attorneys can advise you on beneficiary designations to ensure your wishes are carried out.
Asset protection planning
Legal strategies can be implemented to safeguard your interests and hard-earned assets from creditors, lawsuits, and long-term care costs.
An estate planning lawyer can help you develop an asset protection plan that aligns with your goals.
Estate tax planning
For high-net-worth individuals, minimizing estate taxes is crucial. We can develop strategies and coordinate with financial institutions to reduce your estate tax liability and maximize the assets passed on to your family.
Estate planning is an investment in your family’s future. By creating a clear and comprehensive plan with a trusted estate
planning lawyer in Oak Brook, you gain peace of mind knowing your loved ones are protected and your wishes are respected.