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Estate Planning Attorney Palatine IL

Not sure if you need an estate plan? Maybe you’ve had estate planning set up, but it needs updating. Don’t leave your legacy up to chance. You need a Palatine law office dedicated to crafting a comprehensive estate plan tailored to your personal and financial circumstances. Discover how we can help secure your legacy and protect your loved ones’ future.
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Smiling womanAttorney Kevin O'Flaherty

"Kevin was extremely professional, responsive and knowledgeable when I came to him for help. I would definitely recommend O'Flaherty Law!"

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A member of our team will be reaching out to you no later than the end of our next business day, and typically within 2 business hours. Our business hours are M - F, 9 a.m. - 6 p.m..

If your matter is urgent, or for some reason we have not contacted you within the above timeframe, please do not hesitate to call us at your convenience at 630-324-6666 during business hours, and we will be happy to help.

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We believe your attorney should not speak in legalese

Finding an attorney who is a “real person” can be difficult. Many attorneys surround themselves almost exclusively with other attorneys and are accustomed to speaking in ivory tower legalese.  You should be able to connect with your attorney on a personal level, and he or she should speak to you in plain language that you can understand.  You will be working very closely with this person on issues that are very important to you. It is important that he or she be down-to-earth and someone that you connect with.

We believe your attorney should be accessible

The most common complaint that clients have of their attorneys is that the attorney is unreachable, does not communicate with them regularly, or does not promptly return your calls.  Your attorney should reach out to you about your case regularly and respond within 24 hours to calls and e-mails.  An open line of communication between you and your attorney is essential to building trust.

Learn how we service your area through our Remote Location Approach.

We believe your attorney should be realistic with you about costs and outcomes

Your attorney’s goal should not be to win at all costs.  Rather, it should be to achieve a favorable outcome for you as efficiently as possible.  It is important that your attorney set realistic expectations at the outset as to the costs you should expect, the concerns that the attorney has about the outcome of your case, and the length of time that you should expect your case to take.

Regardless of the nature of your case, we have an experienced attorney who will focus on your individual needs. Our team of attorneys works closely together, bringing each of their different fields of experience to bear in order to optimize our client care.

Client Testimonials

Christi M.

Kevin's firm handled setting up my will and trust recently. They took something that seemed intimidating and made it easy to understand. I've also referred a couple clients to Kevin - he's trustworthy, approachable and very fairly priced.

Marvin

"I've used Kevin and his firm's services since 2011. He gave undivided attention to my cases, advised me on different options and..."

Rachel B.

"Kevin was extremely professional, responsive and knowledgeable when I came to him for help. I would definitely recommend O'Flaherty Law!"

About Estate Planning Attorney Palatine IL:

What is Estate Planning in Palatine, IL?

Estate planning is a proactive process designed to effectively manage and distribute an individual’s assets both during their lifetime and after. The estate planning process encompasses drafting wills, establishing trusts, and ensuring that specific wishes regarding care during incapacitation and guardianship of dependents are upheld.

Key Elements of a Comprehensive Estate Plan:

  • Wills and Living Trusts: Establishing legal documents that dictate asset distribution.
  • Powers of Attorney for Health Care and Property: Designating trusted individuals to manage medical and financial decisions if incapacitated.
  • Proper Asset Titling and Beneficiary Designations: Ensuring assets are titled correctly and beneficiaries are designated as desired.
  • Tailored Tax Planning Strategies: Implementing strategies to minimize tax liabilities as applicable.

The Importance of Having an Estate Plan

The Importance of Having an Estate Plan cannot be overstated. Without one, state laws may dictate asset distribution in a way that does not align with your intentions, potentially leading to legal disputes for your heirs. Estate planning ensures your wishes are legally binding and efficiently executed. Having a will in place is crucial to ensure that your final wishes are respected, providing peace of mind that your desires for asset distribution and other matters will be honored after your death.

A Personal Story: Ensuring a Legacy Consider the story of John, a Palatine business owner, who worked with our estate planning lawyers to secure his legacy and provide for children from a previous marriage. By establishing a trust, John not only minimized tax obligations but also structured inheritances to protect assets from potential disputes and creditors.

Why Every Palatine Resident Needs an Estate Plan

Every adult, regardless of wealth or marital status, benefits from having an estate plan. Here are a few reasons why:

  • Protecting Your Interests During Incapacity: If you become unable to make decisions, a durable power of attorney ensures someone you trust manages your affairs, from paying bills to making medical decisions.
  • Avoiding Probate: Proper estate planning often includes creating mechanisms to bypass the lengthy and public probate process, allowing for quicker and more private asset distribution.
  • Caring for Minor or Dependent Children: Designate guardians to ensure that your children are cared for by the individuals you trust most.
  • Addressing Special Situations: Each family is unique. Whether it’s planning for a disabled relative, structuring a family business succession, or ensuring care for a pet, estate planning addresses these needs uniquely.

It is crucial to address estate planning matters to protect one's interests and ensure all unique needs are met.

Essential Considerations in Estate Planning:

  • Determining the right type and amount of assets to leave to each beneficiary
  • Choosing responsible fiduciaries to execute your will and manage any trusts
  • Considering the potential for future changes in your family or financial status

How Our Experienced Estate Planning Attorney Can Help

Our approach combines a thorough understanding of Illinois state law with a sensitive appreciation of your personal desires and family dynamics. We offer the following services:

  • Initial Consultation: Gather crucial information about your family structure, assets, and desires.
  • Customized Estate Planning: Draft personalized documents that reflect your wishes and provide for efficient property transfer.
  • Ongoing Support and Updates: As life changes, so too should your estate plan. We help keep your documents up-to-date with your current circumstances and the latest laws.

List of Services Provided:

  • Creation of Wills and Trusts
  • Drafting of Powers of Attorney and Health Care Directives
  • Assistance with Asset Titling and Beneficiary Designations
  • Guidance on Tax Implications and Minimization
  • Estate Administration

An estate plan is more than a set of documents; it is a critical tool for protecting your legacy and providing for your loved ones. Our estate planning and administration attorneys in Palatine are committed to offering thoughtful and effective solutions to help you plan for the future with confidence. Let us help you ensure that your wishes are honored — today, tomorrow, and beyond.

Benefits of a Comprehensive Law Firm in Palatine, IL

Our team of lawyers and paralegals have extensive experience handling the nuances of your legal matter but also consider how other areas of law might affect your case. We often consider angles that aren’t obvious to an attorney with experience in only one practice area. Our experience in family law and real estate law allows us to provide comprehensive estate planning services, ensuring that all aspects of your legal needs are addressed.

A Law Firm that Handles Simple and Complex Cases 

Some legal issues are quick, requiring fast efficient services. You want those knocked out fast with the most efficient cost possible. But, for more involved cases, we take the time to get it right and work hard to get the outcome you want. Our firm also has extensive experience in handling civil litigation cases, ensuring comprehensive legal services for all your needs.

A Team That Collaborates on Your Case

We’ve had many legal clients complain that their last firm just didn’t have the resources or understanding to manage their case. Our attorneys regularly communicate across the firm, getting input from several legal professionals without the additional cost.

Our Skills and Services

Our skills and experience span decades and many different practice areas. We truly want to provide a comprehensive legal solution for our community. When you’ve got a legal question, we want to be the first law firm you think of because you know you can trust us to have the answers or tell you the next best solution.

Open Communication

No one wants to be sitting in the dark, unsure of what’s going on with their case. Part of our core practice model is to regularly update our clients on the status of their cases. We do offer video conferencing.

Relationships Built on Trust and Communication

Dealing with legal issues can be stressful. You don’t need added stress from an attorney who is slow to communicate and hasn’t given you a clear plan to resolve your case. Trust comes from knowing your attorney has your back and best interests in mind.

Competitive Fees with Excellent Service

We are not a free legal aid firm. We pride ourselves on offering top-tier service at a competitive local price. Legal solutions cost money but putting them off only leads to more headaches and financial problems.

Directions To Our Palatine Location:

From Schaumburg:

  1. Head north on Meacham Rd toward Higgins Rd.
  2. Turn right onto Algonquin Rd.
  3. Continue straight to stay on Algonquin Rd.
  4. Turn left onto Roselle Rd.
  5. Turn right onto Colonial Parkway and continue to the destination.

From Palatine:

  1. Take N Hicks Rd north towards Dundee Rd.
  2. Turn right onto Dundee Rd.
  3. Turn left onto Roselle Rd.
  4. Turn left onto Colonial Parkway and proceed to the destination.

From Barrington:

  1. Head southeast on S Hough St toward E Main St.
  2. Turn left onto E Dundee Rd.
  3. Turn right onto Ela Rd.
  4. Turn left onto Algonquin Rd.
  5. Turn right onto Roselle Rd, then left onto Colonial Parkway to reach the destination.
Expertise Best Child Support Lawyers in Chicago 201710 Best 2016 Client Satisfaction American Institute of Family Law AttorneysAvvo Clients' Choice 2016 DivorceRising Stars Kevin P. O'Flaherty SuperLawyers.com10 Best Law Firms 2018 Client Satisfaction American Institute of Family Legal Counsel Attorneys Estate Planning Law40 under forty

What to Expect From a Legal Consultation

The purpose of a consultation is to determine whether our firm is a good fit for your legal needs. Although we often discuss expected results and costs, our attorneys do not give legal advice unless and until you choose to retain us.

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Location

Office Address

1625 Colonial Parkway Unit K, Inverness, IL 60067

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Hours of Operation

Monday
9:00am - 6:00pm
Tuesday
9:00am - 6:00pm
Wednesday
9:00am - 6:00pm
Thursday
9:00am - 6:00pm
Friday
9:00am - 6:00pm
Saturday
Closed
Sunday
Closed

Attorneys

Meet the Owner

I am personally committed to ensuring that each one of our clients receives the highest level of client service from our team.  Our mission is to provide excellent legal work in a cost-effective manner while maintaining open lines of communication between our clients and their attorneys.  Many of our clients are going through difficult times in their lives when they reach out to us.  They should feel comfortable leaning on the experience and knowledge of our attorneys as their counselors and advocates.  We are here to help!

- Attorney Kevin O'Flaherty, Owner

Check Out Articles and Videos from our Estate Planning Attorney Palatine IL

Recent Changes to Illinois Estate Planning

Estate planning in Illinois is essentially a preparation plan that sets out what you want to happen in the event that you get sick, become physically or mentally incapable of making decisions for yourself, where you become physically or mentally incapacitated i.e. unconscious or in a coma, where you fall ill with a serious illness and want to make sure that your healthcare wishes and carried out, what happens upon your death, Lastly, what you want in respects to your financial and personal dealings if the aforementioned events occur.

Read more about Recent Changes to Illinois Estate Planning

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