You have a legacy worth protecting. Your Naperville, IL estate planning lawyer can help. When you contact the team at Madden Law LLC, you’re getting more than 20 years of estate planning experience. We’re ready to use that experience to help you prepare for the future. Read on to see what an estate lawyer can do for you, and contact us today to get started.
Estate Planning Lawyer Naperville, IL
Some people assume they just don’t have enough assets to warrant an estate plan. And others think that it’s “too early” to start planning what happens to their properties after their death. But no matter how much you own or how young you might be, it’s important to leave your loved ones with a plan in case of emergencies.
If you don’t leave behind a will or a trust and you die intestate, then it’ll be up to a court to decide who gets what. Usually, this means your adult children or your spouse will receive your assets. But the courts don’t always take your family situation into consideration. Do you have an ex-spouse, or a son or daughter you don’t contact anymore? The court may not care - and all of your belongings may end up with them.
When you create a will or a trust, you’re taking an important step with your Naperville estate planning lawyer. These estate planning tools include important information about all of your assets (including real estate, investments, and personal properties such as cars and collections) as well as who should receive them after your death.
A will is relatively straightforward to create, as long as you have the right legal input. Leaving behind a will is much better than dying intestate, but your family members will still have to deal with probate. This is a long and complicated process through which your assets are distributed. Fortunately, some estate planning lawyers also provide probate support.
On the other hand, you can take the extra step of creating a trust. When you place your assets in a trust, your loved ones won’t have to deal with probate. You’ll need to manage the trust during your lifetime by updating it with your new assets, but it’ll save your family an extra headache upon your passing. Just make sure you’re working with a trust planner with plenty of experience.
Why Experience Matters In Estate Planning
At Madden Law LLC, we’re prepared to help you plan your future. Here’s how our experience can make a difference:
- With over 20 years of estate planning experience, we’re familiar with all the best strategies for protecting your assets. We’ll also steer you clear of major pitfalls.
- We offer estate planning services such as wills and trusts, but we can also assist with probate. This means we can help your loved ones understand your instructions after you’ve passed away.
- Our clients include both individuals and businesses. We can help you with your estate planning needs regardless of where you are in your life, and no matter the value of your estate.
Contact Us Today
It’s never too late - or early - to start thinking about your future. Contact Madden Law LLC today, and see what a Naperville estate planning lawyer from our office can do for you.