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Anderson and Associates, P.C.

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Orland Park Estate Planning Attorneys

Frankfort estate plan law firm

Common Tools Used in Illinois Estate Plans

At Anderson and Associates, P.C., we provide the legal knowledge and skills to assist you in estate planning. We are experienced in drafting different estate plans and making sure you are completely protected, no matter how complex your family and asset situation is. We know that every individual's personal and financial circumstances are different, so our firm organizes personalized estate plans designed to meet your family's needs and express your desires.

Vital Estate Planning Tools

Unique circumstances dictate the types of legal documents you will need for an estate plan. Our attorneys carefully review our clients' financial situations and listen to their personal goals before recommending a specific estate plan. An all-inclusive estate plan can include the following aspects:

  • Will – This is the foundation of most estate plans. A will specifies how your property and assets will be distributed upon your death and allows you to nominate a caretaker for your minor children (and dependent adults).
  • Trust – Trusts are financial tools used to instantaneously transfer assets to beneficiaries without going through probate. There are many types of trusts, including revocable living trusts, irrevocable living trusts, and special needs trusts.
  • Living Will – Also known as an "advance directive," these wills are used to express your wishes for medical treatments that can extend your life.
  • Power of attorney - These documents give legal power to a trusted individual to make medical and/or financial decisions for you if you are debilitated.

Prenuptial agreements, postnuptial agreements, and cohabitation agreements can also be used for estate planning. Our experienced attorneys are also skilled in the preparation of these documents.

Contact us at 708-226-9904 to learn more about the estate planning tools available to you and how you can protect yourself and your dependents in the future. From our office in Orland Park, we serve clients throughout the area, including Tinley Park, Mokena, Frankfort, Homer Glen, Palos Heights, and Oak Forest.

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