Aurora, Illinois Estate Planning Lawyers
Skilled Guidance with Simple and Complex Estates in Kane County and Throughout Illinois
Estate planning is an essential tool to carry out your wishes and preserve your wealth for the next generation. Whether you have a simple or complex estate, it is important to have a plan in place to ensure your children are well cared for, the right health care decisions are made should you become unable to make them yourself, and your assets end up in the hands of the right beneficiaries when you pass on.
At Kinnally Flaherty Krentz Loran Hodge & Masur P.C., we have extensive estate planning experience involving estates of all levels of complexity and sophistication. For over two decades, we have helped individuals and families throughout Northern and Central Illinois with both simple and complex estate plans. We have established a legacy of integrity and advocacy, and we work closely with each client to develop practical and innovative solutions to help accomplish their goals. Our in-depth knowledge of even the most complex estate planning vehicles gives our clients the confidence that they will receive comprehensive guidance and a plan that most effectively addresses their needs.
Customized Plans for Simple and Complex Estates
We understand that every family is unique and has its own set of dynamics. Wills and living wills may be sufficient for many families. In some cases, however, a power of attorney, or guardianship may be needed to ensure you have a trusted family member in charge of your finances or health care decisions should you become incapacitated. Depending on your net worth, a living trust might be a better vehicle to pass on your assets with limited tax exposure.
For families with more complex estates, there are numerous estate planning vehicles designed to address specific circumstances. These include:
- Special Needs Trusts
- Credit Shelter Trusts
- Qualified Terminable Interest Property Trusts
- Irrevocable Life Insurance Trusts
- Trusts for Minors
- Charitable Remainder Trusts
- Dynasty Trusts
- Generation Skipping Trusts
- Private Foundations
- Donor Advised Funds
- Qualified Domestic Trusts
- Family Limited Partnerships
In addition to our extensive estate planning knowledge, we also have a strong business counseling and general and commercial litigation practice. Our in-depth experience in these related areas of law allows us to create comprehensive estate plans that include effective business succession planning for family-owned businesses, all with an eye toward minimizing estate litigation and tax exposure. Our long tradition of providing creative and sophisticated solutions for families and businesses is why so many of our clients are referrals from other satisfied clients we have worked with for generations.
For wise guidance on all types of estate plans, contact Kinnally Flaherty Krentz Loran Hodge & Masur P.C. today at 630-907-0909 for a personal consultation. From our offices in Aurora, IL, we provide counseling and planning for simple and complex estates in Naperville, Oswego, Montgomery, Sugar Grove, Kane County, Kendall County, Will County, DuPage County, Cook County, Chicago, and surrounding Northern Illinois communities.