Attorneys in Schaumburg for Wills, Trusts, and Probate

Hanover Park Estate Planning Lawyers

Regardless of the size of your estate, peace of mind is one of the greatest gifts that you can give your loved ones during your lifetime. At Lucas Law, our experienced attorneys recognize the importance of a well-designed estate plan tailored to address your specific concerns and those of your family. Our team is prepared to help you use wills, trusts, advance medical directives, powers of attorney, and other instruments to protect your assets and offer security to your family.

At our law firm, we realize that the estate planning process is extremely personal, and making such decisions is often difficult. With more than three decades in practice, we understand the value of listening carefully to your needs so that we can assist you in making the best possible choices for yourself and your loved ones.

Schaumburg Lawyers for Drafting Wills

Many estate plans begin with a will. A will is a formal document that contains your wishes in regard to your property, assets, and much more. An effective will must be customized to meet your unique needs, and may address considerations, including:

• Appointing an executor to manage your estate;
• Settling your debts and obligations;
• Dividing your assets among your chosen beneficiaries;
• Allocating a portion of your estate to charity;
• Funeral and burial details and expenses; and
• Appointing a guardian for your minor children.

Our attorneys will help you create a will that addresses all of your relevant concerns while ensuring that the document will hold up under the scrutiny of probate or a will contest.

Trusts Attorneys in Cook County

For some families, a trust may provide added flexibility and control over assets compared to a will. In other cases, a trust or trusts may be utilized alongside a more basic will. A trust is a legal arrangement that allows for the transfer of an asset or assets while the creator of the trust is still alive. A will, by comparison, can only be executed upon the creator's death. The skilled attorneys at Lucas Law can help with the creation of all types of estate planning trusts, some of which may even help your estate bypass the need for probate. We can also assist in selecting trustees to manage your trusts and transfer your assets to your beneficiaries.

Illinois Probate Lawyers

The probate process is often necessary to confirm the validity of a will and to facilitate the distribution of assets to your heirs. Probate generally includes sending out legal notices, compiling the estate, selling property as directed, and settling debts. The person whom you have selected as executor of your estate must be prepared for the process of probate and our attorneys can help. With our background in tax law and asset protection, we are equipped to assist executors and estate administrators at every stage of the probate process.

Contact an Attorney for Help

If you have questions about wills, trusts, probate, or any other element of the estate planning process, contact our office. Call 847-381-8700 to get the answers that you need from an experienced member of our team. Lucas Law is proud to serve individuals and families in and around Schaumburg, Illinois with their most challenging estate planning concerns.