The substantial savings, property and other assets you have accrued are a reflection of the hard work and careful planning you have exhibited throughout your life. It is a cruel irony then that you could risk missing the golden opportunities and essential protections that just a little more planning could provide through the creation of a comprehensive estate plan.
Misinformation and a lack of information regarding essential estate planning tools such as living trusts give many people a false sense of security that their financial interests — and those of their family — are protected by a simple will.
At the Law Offices of Gregory P. Turza, J.D., we have spent nearly 40 years helping individuals from a broad range of economic backgrounds and personal net worth create estate plans that truly protect their assets, pass them to whom they want and minimize taxes and administration costs.
We can help you accomplish a number of estate planning goals, including:
- Protecting your assets
- Avoiding probate
- Designating powers of attorney in case you become incapacitated
- Estate administration
- Long-term care planning, demystifying Medicaid and helping you determine how to qualify for it so you don't spend down all of your assets
Use our contact form to schedule a free consultation. We work with individuals throughout the Chicagoland area, and our office is conveniently located in Park Ridge, Illinois, on Busse Highway.
"Simple Will" Explained by an Experienced Des Plaines Area Probate Lawyer
We have heard the phrase, "All I need is a simple will," hundreds, if not thousands, of times. People think their economic situation is simple and straightforward enough that they can draw up a workable will using $50 software or an online do-it-yourself service.
Sure, a simple will does the job if:
- You don't mind going through probate.
- You are OK with the government taking control of your assets if you become disabled.
- You are OK leaving your wealth to your in-laws and not giving it directly to your grandchildren.
- You want your children's inheritance to be vulnerable to their creditors and divorcing spouses.
- You are not concerned about death taxes shrinking your children's inheritance.
A Chicago Estate Law Attorney who Fixes Problems that Others Create
Any estate planning lawyer can draw up generic contracts for you to sign — and many of them do just that. We take the time to understand your unique situation to truly customize an estate plan that achieves your objectives. A significant percentage of our business is reviewing existing estate plans and filling in the holes that other attorneys leave behind.
We focus on asset protection: that is, putting assets in the hands of the right people should you die or become incapacitated. It sounds simple and straightforward, yet an amazing number of estate plans do not accomplish this essential goal.
For the peace of mind that the assets you have worked so hard to accumulate will pass to the right people when you die, make the call to the Law Offices of Gregory P. Turza, J.D. Call 847-250-0435, toll free 866-460-3077, or email us to schedule a free initial consultation with a pre-eminently qualified Park Ridge estate planning lawyer.