Our Joliet Will & Estate Attorneys Will Develop Strategies That Save You Both Time And Money
By managing and protecting your assets now, you can help to ensure that both you and your loved ones are provided for in the future. At Sabuco, Beck, Hansen, Massino, & Pollack, P.C., our experienced Will County wills and trusts attorneys know how important proper estate planning is for their clients. By making decisions today to protect and preserve the assets you have worked hard to accumulate, you can ensure you and your family continue to benefit from those assets, regardless of what the future might hold. Without proper planning, your money and property could end up in probate court, subject to lengthy wait times and additional fees and taxes. Our team of wills and trusts attorneys have over 125 years of combined legal experience, and possess the knowledge necessary to help our clients plan effectively for the future and avoid probate. Our office prides itself on providing effective and proactive legal representation, while ensuring each and every client receives the attentive and caring service they deserve. If you have putting off establishing a will or looking into protecting your assets through a trust, let Sabuco, Beck, Hansen, Massino, & Pollack, P.C. help today to secure your future by making sure these vital estate planning tools are in place.
Estate Planning Basics: A Properly Drafted Will
Most people realize that establishing a will is one of the most important things they can do to make sure their family is provided for in the event of their passing. At the same time, setting aside the time to ensure they have a properly drafted will in place is something they continue to put off. When a person dies without a will, it is referred to as dying intestate, and the individual’s money and assets will be distributed to heirs by the probate court through the Illinois laws of intestacy. In some cases, these rules regarding distribution of your estate may coincide with your own wishes. In others, the people that you want to be provided for could be left out completely. By taking the first steps in creating or updating your will, you can ensure that your hard earned money and property is distributed to the people you care about most. At Sabuco, Beck, Hansen, Massino, & Pollack, P.C., our team of extensively trained and knowledgeable attorneys have over 125 years of combined experience ensuring their clients wishes are carried out through properly drafted legal documents that stand up in any court of law.
The Benefits of Establishing A Trust
A trust is a legal document that allows a third party to hold assets on the behalf of named beneficiaries. As the grantor, or the person making the trust, you have the ability to name beneficiaries, which are the people or places that you want to benefit from the property being held in the trust. Created in accordance with the Illinois Trusts and Trustees Act, a trust is a way of transferring ownership to others prior to death. The trust holds your property or assets until a pre-determined time, such as upon your passing, or when the beneficiary reaches a certain age. Benefits of establishing a trust include:
- Avoiding probate;
- Reducing estate and gift taxes;
- Flexibility in distributing assets; and
- Protection of assets from creditors and lawsuits.
You don’t have to have a lot of property or be wealthy in order to reap the benefits of establishing a trust. At Sabuco, Beck, Hansen, Massino, & Pollack, P.C., our attorneys often use trusts to achieve a variety of client objectives, including setting up education funds, or ensuring that money or property is left to charity.
Contact Our Experienced Joliet Wills and Trusts Attorneys Today
In order to ensure that your loved ones are properly provided for, contact our experienced Will County wills and trusts attorneys today. At Sabuco, Beck, Hansen, Massino, & Pollack, P.C., we will work with you to develop estate planning strategies that save you both time and money, while preserving your assets for the future. Our office prides itself on providing compassionate, caring legal representation for clients throughout Will County and the surrounding area, and our team of attorneys will diligently work to ensure your best interests are met. Call us today at (815) 730-8860 for an initial consultation of your case.