Estate Planning Law Attorney In Chicago, Illinois

The attorneys at Grant Park Legal Advisors know that no two clients are alike. While some may only require a will-based estate plan, others can benefit from an array of trusts and other planning tools to achieve objectives, such as minimizing estate taxes, providing for a loved one with special needs, protecting assets from creditors, or charitable giving. Nonetheless, a well-conceived estate plan starts with the following essential estate planning documents:

• Last Will and Testament -- A will establishes how your assets will be handled after you die. An executor is designated to carry out the instructions of the will, which involves distributing assets to the beneficiaries and numerous other duties. Additionally, a will is the only way to name guardians for your minor children if you become incapacitated or die unexpectedly. By failing to create a will, the court will intervene to make decisions about your estate that may not agree with your wishes. 
• Power of Attorney -- This document allows you to name a trusted person to handle your personal and financial affairs should you suffer a serious illness or injury and not be able to speak for yourself. This includes matters such as paying bills and other debts and/or managing bank accounts, investments, and real property. 
• Advance Medical Directive -- Also referred to as a healthcare proxy, this document names someone to act as your agent in order to coordinate the medical care you should receive, according to your preferences, in the event you become incapacitated.

Knowing that our clients come from all walks of life and that no one strategy fits all, we offer two types of service -- concierge level service and unbundled, self-guided service with attorney review. Each level of service is intended to help you tailor an estate plan to your unique needs, circumstances, and aspirations.