St. Charles Will And Trust Attorney
Most Americans do not have estate planning documents in place because they are more focused on the here-and-now than on the future. Yet, taking a few hours out of your week to plan for the future can make the difference between you deciding what happens to your property upon your death and the state deciding. It can also prevent your loved ones from fighting over your property during a time of sorrow.
I am Alvin L. Catella, an estate planning lawyer in St. Charles, Illinois. Over decades of experience, I have helped thousands of individuals and families with their estate planning needs, including drafting wills, trusts and powers of attorney, setting up guardianships and guiding clients through probate.
Wills And Trusts: The Cornerstones Of A Good Estate Plan
A will is a document that allows you to determine who receives what upon your passing. There are very specific guidelines you must follow when drafting a will to ensure it is legally sound. By following these guidelines, however, you ensure that your loved ones receive the property you want them to receive.
Through a trust, you can put aside money to be given to beneficiaries at specified times. You must designate a person or entity — the trustee — to manage the trust and distribute the trust assets. There are numerous types of trusts that can help you manage your money effectively during your lifetime or after it.
Other estate planning documents, such as powers of attorney and advance directives, allow you to make financial and health care decisions now for what should happen if you are unable to make decisions on your own.
Helping You Through The Probate Process
Because so few people set up estate plans, many family members must go through the probate process upon their loved ones’ deaths. Through probate, you “settle” your loved one’s estate by collecting property, paying debts and distributing assets.
Illinois has a few different procedures for settling an estate. I can help you understand which applies to you and guide you through the entire process. I know you have enough on your mind right now and would like to help you with this burden.
Call 630-524-2867 For A Free Consultation
I have helped clients create effective estate plans since 1965. To discuss your family’s financial future in a free consultation, please call me or send a message.