Wills & Trusts
Estate Planning Attorney in Wilmette, IL
Everyone needs an estate plan. No one has the luxury of ignoring this vital legal process. In order to look after your loved one’s futures as well as preserve your estate, you need to discover your options for putting legal protections in place.
At Canning & Canning, LLC, our estate planning lawyers are also business owners, and together we have more than 50 years of legal experience, covering fields such as estate planning, commercial law, real estate, and more. We are equipped to guide you through any matter involving your estate plan, including wills and trusts.
An estate plan that includes a proper will and a trust can empower you to:
- Avoid or expedite probate
- Minimize trust / will contests
- Choose an executor to make sure your will is carried out
- Choose a guardian for your minor children
- Provide for loved ones with special needs
While wills and trusts determine what happens to your property upon passing away, a well-crafted estate plan can benefit you and your family even further. Find out what legal tools to include in your estate plan to maximize its benefits by contacting us today. At our firm, we have a wide range of practical and legal knowledge to help you. We are ready to listen to your goals, and to help you achieve them.
Why do I need to make a will?
Even if you have already set up a trust, there are certain provisions that only a will can make. A will is where you can name a guardian, cancel debts that are owed you, and more. Not all of your assets can go into a trust, which is why a will is needed to cover the remainder of your estate. If you do not have a will, Illinois law will decide what happens to your property, often through a grueling probate process. With a will, you can administer all property according to your wishes. Our Wilmette attorney can help you assess the benefits of a will for your specific situation.
Benefits of Making a Trust
Trusts give you an incredible amount of flexibility to decide how you want your property distributed. You can dictate how the trust assets are used, when they are used, and you can even attach strings to an inheritance. The terms of a trust can be made very specific, and if you name a dependable trustee, you can be confident that your trust property will be distributed exactly as you choose.
Whether you want to create a living trust, an irrevocable trust, a special needs trust, or any other type of trust, you can rely on a Wilmette trust attorney from our legal team.
Let us help you craft your tailored estate planning strategies. Feel free to contact a Wilmette estate planning lawyer today!