In this video, our Joliet estate planning attorneys examine the goals of a good estate plan in detail and explain the tools we use to accomplish that goal. The purpose of this article is to provide you with a road map of the goals and the tools we use for each. If you have further questions in regards to building your estate plan, do not hesitate to contact O'Flaherty law today. We offer unmatched customer service at affordable rates.

In this video, our Joliet estate planning attorneys explains how an estate plan can help you with the first goal of a good estate plan: Appointment of Fiduciaries and Distribution of Assets. A “fiduciary relationship” is an ethical or legal relationship of trust between two parties. Fiduciaries are responsible for managing some aspect of another individual’s affairs, and are held to a high standard of responsibility and care in the management of those affairs. An important aspect of a good estate plan is appointing the right people to manage your affairs if you are unable to do so yourself. If you have further questions in regards to building your estate plan, do not hesitate to contact O'Flaherty law today. We offer unmatched customer service at affordable rates.

‍

In this video, our Joliet estate planning attorneys discuss using a trust to ensure that your estate avoids probate when you pass. We answer questions such as "What is probate?", "Why is Illinois probate bad?", and "When is probate necessary in Illinois?". A common misconception is that a simple will will allow your estate to avoid probate. This is not the case. A will can ensure that your assets are distributed appropriately in the probate case, but your case will have to go through probate with or without a will. If you have further questions in regards to building your estate plan, do not hesitate to contact O'Flaherty law today. We offer unmatched customer service at affordable rates.

‍