Many people think of estate planning as a legal issue reserved for those with multiple homes and millions of dollars in the bank. In reality, estate planning is an essential part of looking after those you care about most, regardless of your financial situation.
Why Estate Planning Matters
No one likes to think about leaving their family behind. But our eventual passing is one of the few inevitabilities of life. Planning for when you’re gone prevents your loved ones from enduring unnecessary hardships during their time of suffering. Thorough estate planning will assist those you leave behind by:
- Maximizing inheritances by reducing estate taxes
- Minimizing the need for will contests
- Naming a willing, responsible guardian for minor children
- Preventing/accelerating the probate process
A Trust is an essential part of estate planning. However, many estate plans also benefit from the creation of living trusts and/or special needs trusts as well. We’ll help you create a plan that considers the best interest of all those you leave behind.
We all like to think that we have our whole lives in front of us. But if the unthinkable happens, it’s essential to have an estate plan in place. Otherwise, our loved ones will be forced to wade through complicated estate laws in the midst of their grief. And none of us want to add to the grievances of our loved ones, especially in their time of suffering.
The Best Estate Planning Lawyers in Cicero, Illinois
At Koch & Associates, our experienced estate planning attorneys are here to help you with every step of the estate planning process. We understand how important it is for you to feel comfortable discussing the intimate details of your family and finances. So we do everything we can to make you feel at home at our law firm.
Our team has more than 50 years of experience assisting clients with all aspects of financial law. From real estate to bankruptcy cases, estate planning to wills and trusts, we’re here to help you any way we can. So give us a call today at 708-683-9097 and let us help you look out for those you care about most.