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Lisle Estate Planning Attorneys | Estate Administration Lawyer, Lisle IL

Lisle Estate Planning Attorneys | Estate Administration Lawyer, Lisle IL

Our Lisle estate planning attorneys provide affordable, comprehensive, and experienced representation. We educate and learn goals of a good estate plan, and which estate planning documents could be appropriate for you. With budget-friendly flat fees that are a fraction of what other attorneys offer along with above-and-beyond client service, our Lisle estate planning attorneys will prepare for you a rock solid estate plan that eliminates the worry that things you want won't happen after you pass.

Our Lisle estate planning attorneys provide affordable, comprehensive, and experienced representation. We educate and learn goals of a good estate plan, and which estate planning documents could be appropriate for you. With budget-friendly flat fees that are a fraction of what other attorneys offer along with above-and-beyond client service, our Lisle estate planning attorneys will prepare for you a rock solid estate plan that eliminates the worry that things you want won't happen after you pass.

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Your Community Law Firm

Why O'Flaherty Law for My

Estate Planning

Matter?

In this video, our Lisle Estate Planning & Adminstration attorney describes why O'Flaherty Law is the best choice for your probate matter.

  • ​We Go Above-And-Beyond!   Our Lisle estate planning attorneys have earned a reputation in the community for providing amazing service to our clients.   Many of our clients have taken the time to leave us glowing reviews.  Thanks to the overwhelmingly positively response from clients we have assisted, we received Avvo Client's Choice Award for Estate Planning in 2016.   We have an A+ Rating with the Better Business Bureau, and have never received a BBB complaint.  We truly care about our clients and "wowing" them with our above-and-beyond service.  
  • We Are Affordable!  We invite a price comparison to other attorneys in the area.  Our firm grew up in a lean economy.  Despite our excellent client service and depth of experience that is second-to-none, our efficiency allows our Lisle estate planning & Administration attorneys to provide affordable estate planning documents to all of our clients, well below the prices of other attorneys.  If you find a more cost-effective estate planning solution, we would like to hear about it. 
  • We Know Our Stuff!   Our Lisle estate planning attorneys are truly experienced.  We can help with estate tax avoidancecreditor avoidancespecial needs planning, and medicaid planning.   ​​Unlike some estate planning attorneys who simply sell forms, we provide in depth counsel, flexibility in drafting, education, and advice.  We are great at what we do!
  • We are Comprehensive!  Our team of Lisle Estate Planning& Adminstration attorneys have collective experience in nearly every area of law.  Establish a trusted lifelong relationship with our firm and you will never have to look elsewhere for an attorney, regardless of the legal issues that arise.  We are your friendly community law firm, and we look forward to becoming YOUR family's attorney.   

Some of Our Accomplishments

Schedule a Free Consultation With Our

Lisle Estate Planning & Adminstration Attorneys

Please contact our friendly

Lisle Estate Planning & Adminstration Attorneys

at our nearest location to schedule a free consultation:

O'Flaherty Law of Downers Grove

5002 Main Street, Ste 201
Downers Grove
,
IL
60515
Get Directions

See below for our other locations. If our office locations are not convenient for you, we are happy to speak with you by phone.  ​​​

Hours: 9 am - 5 pm Mon - Fri

Our  Office Locations: 

Downers Grove Attorneys, Downers Grove Attorney, Downers Grove Lawyer, Downers Grove Lawyers

Downers Grove

5002 Main St, Ste. 201 Downers Grove, IL 60515

Naperville Attorney, Naperville Attorneys, Naperville Lawyers, Naperville Lawyer

Naperville

105 Jackson Avenue, Ste. 4b Naperville, IL 60540

Elmhurst Lawyer, Elmhurst Lawyers, Elmhurst Attorneys, Elmhurst Attorney

Elmhurst

​110 E. Schiller Street, Ste. 220B ​Elmhurst, IL 60126

Lake in the Hills Attorneys, Lake in the Hills Attorney, Lake in the Hills Lawyer, Lake in the Hills Lawyers

Lake in the Hills

8411 Pyott Road, Ste. 107, ​Lake in the Hills, IL 60156

Tinley Park Attorney, Tinley Park Attorneys, Tinley Park Lawyer, Tinley Park Lawyers

Tinley Park

​16557 Oak Park Avenue, Ste. B, Tinley Park, IL 60477

St. Charles Attorneys, St. Charles Lawyers, St. Charles Attorney, St. Lawyer

St. Charles

210 S Fifth St, Ste. 107B, St. Charles, IL 60174

Meet Our Owner

Kevin O'Flaherty oversees all legal matters and is actively involved in making sure every client's case, big or small, is handled with excellence and attention to detail. He is available to contact through phone and email and his rates are available upon request.

Here's What Our Clients Have to Say:

John Paul Clancy
Says...

"Kevin and his firm, O'Flaherty Law, are friendly, efficient, knowledgeable and professional. Kevin is a master at bringing people together and sharing ideas."

Kevin Sender
Says...

"Kevin O'Flaherty and his team at O'Flaherty Law are among the friendliest and easiest to work with attorneys I've dealt with. I would suggest them to any friends or business associates."

Kevin O'Flaherty was instrumental during the purchase process of my new house. I highly recommend him and the entire firm!

An excellent client experience, I recommend O'Flaherty Law to all of my clients that have a need for consultation in family law.

DuPage Family Law AttorneyDowners Grove Estate Planning Attorney
John Paul Clancy
Says...
"Kevin and his firm, O'Flaherty Law, are friendly, efficient, knowledgeable and professional. Kevin is a master at bringing people together and sharing ideas."
DuPage Family Law AttorneyDowners Grove Estate Planning Attorney
Kevin Sender
Says...
"Kevin O'Flaherty and his team at O'Flaherty Law are among the friendliest and easiest to work with attorneys I've dealt with. I would suggest them to any friends or business associates."
DuPage Family Law AttorneyDowners Grove Estate Planning Attorney
Mike Stehlik
Says...
"Kevin and his team are my "Go To" resource for clients that need estate planning"
Kevin Koc
Says...
Kevin O'Flaherty was instrumental during the purchase process of my new house. I highly recommend him and the entire firm!
Stephen Petersen
Says...
An excellent client experience, I recommend O'Flaherty Law to all of my clients that have a need for consultation in family law.
Troy Golden
Says...
Kevin is an excellent attorney. He helped me incorporate by business and provides legal counsel as need. I highly recommend him.

Click here for Videos, Podcasts, and Articles by our Lisle Estate Planning & Adminstration Attorneys

Or Continue Scrolling Below to Browse some of our Most Helpful Articles

Overview of Medicaid for Long-Term Care: Eligibility, and the Look Back Period | Illinois Elder Law

In this episode, we give an overview of #Medicaid for Long-term care. We explain Medicaid income requirements, the Medicaid look back period, and Medicaid eligibility requirements.

In this article, we give an overview of #Medicaid for Long-term care. We explain Medicaid income requirements, the Medicaid look back period, and Medicaid eligibility requirements.

Read More

In this article, we give an overview of #Medicaid for Long-term care. We explain Medicaid income requirements, the Medicaid look back period, and Medicaid eligibility requirements.

Read More

5 Typical Documents In An Estate Plan

Lisle Estate Planning Attorneys, Lisle Estate Planning Lawyer, Lisle Estate Administration Attorney, Lisle Estate Administration Lawyers

Lisle Estate Planning Attorneys, Lisle Estate Planning Lawyer, Lisle Estate Administration Attorney, Lisle Estate Administration Lawyers

Having a great estate plan isn't beyond your reach. Our Lisle estate planning attorneys are experienced, affordable, and ready to eliminate your estate planning worries and develop a comprehensive plan tailored to YOUR needs.

  • Revocable Living Trust:   A Revocable Living Trust ensures that your estate can be administered immediately upon your death without the need for a probate estate, which can cost 5% to 10% of the value of your estate in attorney fees, will take over a year before your loved ones can access your assets, and will be stressful and difficult for your executor.  Like a will, your trust will provide for the distribution of your assets and will appoint a fiduciary to administer your estate.    
  • Pour-Over Will: A pour-over will creates a document to name guardians for your minor children.  It also provides that, if for some reason probate becomes necessary, the wishes stated in your trust will control your probate estate.  
  • Healthcare Power of Attorney:  A Healthcare Power of Attorney enables you to name loved ones to make healthcare and major life decisions on your behalf should you become mentally incompetent. 
  • Financial Power of Attorney: A Financial Power of Attorney allows you to name loved ones to take financial and legal actions on your behalf in the event off mental incompetence.  If you become mentally incompetent from disease, illness, or old age, and you have both a Healtchare Power of Attorney and a Financial Power of Attorney, a costly, stressful, and time-consuming guardianship proceeding will not be necessary in order for your loved ones to take action on your behalf.
  • Living Will:  A living will is an end-of-life instruction document in which you can state your wishes regarding termination of life support in the event that you are in an irreversible coma, which can relieve the emotional burden on your family members. 

Read an article by our Lisle estate planning attorneys about the elements of a typical estate plan. 

What Can A Revocable Living Trust Do For My Family?

A revocable living trust can accomplish several goals:

  • Allows your estate to avoid a costly and time-consuming probate case. Illinois law generally requires a probate case to be opened if you pass away owning any real estate (including your home or condo) outside of a trust or more than $100,000.00 of non-real estate assets outside of a trust or outside of payable on death accounts with living beneficiaries.  In this situation, your estate will go through probate even if you have a will.    
  • Ensures that the right people inherit your assets. With either a will or a trust, our Lisle estate planning attorneys can help you ensure that your property and assets go quickly and smoothly to the right people when you pass.  Our Lisle estate planning attorneys will help you specify who will receive specific pieces of tangible property, like heirlooms, jewelry, or vehicles.  We will also work with you to plan for every contingency, so that even if intended beneficiaries predecease you, your estate plan will account for this possibility and will not have to be revised. 
  • Will give you long-term control over how assets are managed after you pass. Unlike a will, which directs assets to be distributed shortly after you pass upon the closure of your probate estate, your trust can maintain control of your assets for many years after you pass.   
  • Appointment of fiduciaries and minimizing the potential for disputes. Our Lisle trust attorneys can assist you in ensuring that you have friends and family members that you trust appointed to:
  1. Manage your assets on your behalf should you become mentally incompetent; 
  2. Manage your estate's assets for minor and young adult children until they reach ages of responsibility; 
  3. Distribute your personal property and remaining trust assets to the people you want to receive them. 

Naming trustees allows you to minimize potential disputes after you pass and determine who should be responsible for administering your estate.

Read an article from our Lisle estate planning attorneys on Wills & Trusts. 

Lisle estate planning lawyer, Kevin O'Flaherty, discusses how to use Revocable Living Trusts to avoid the necessity for costly probate cases.

A revocable living trust can accomplish several goals:

  • Allows your estate to avoid a costly and time-consuming probate case. Illinois law generally requires a probate case to be opened if you pass away owning any real estate (including your home or condo) outside of a trust or more than $100,000.00 of non-real estate assets outside of a trust or outside of payable on death accounts with living beneficiaries.  In this situation, your estate will go through probate even if you have a will.    
  • Ensures that the right people inherit your assets. With either a will or a trust, our Lisle estate planning attorneys can help you ensure that your property and assets go quickly and smoothly to the right people when you pass.  Our Lisle estate planning attorneys will help you specify who will receive specific pieces of tangible property, like heirlooms, jewelry, or vehicles.  We will also work with you to plan for every contingency, so that even if intended beneficiaries predecease you, your estate plan will account for this possibility and will not have to be revised. 
  • Will give you long-term control over how assets are managed after you pass. Unlike a will, which directs assets to be distributed shortly after you pass upon the closure of your probate estate, your trust can maintain control of your assets for many years after you pass.   
  • Appointment of fiduciaries and minimizing the potential for disputes. Our Lisle trust attorneys can assist you in ensuring that you have friends and family members that you trust appointed to:
  1. Manage your assets on your behalf should you become mentally incompetent; 
  2. Manage your estate's assets for minor and young adult children until they reach ages of responsibility; 
  3. Distribute your personal property and remaining trust assets to the people you want to receive them. 

Naming trustees allows you to minimize potential disputes after you pass and determine who should be responsible for administering your estate.

Read an article from our Lisle estate planning attorneys on Wills & Trusts. 

Using A Living Will To Plan For End Of Life Decisions

Lisle estate planning lawyer, Kevin O'Flaherty, discusses how to use living wills in an estate plan to plan for end-of-life decisions.

Lisle Estate Planning Attorneys, Lisle Estate Planning Lawyer, Lisle Estate Administration Attorney, Lisle Estate Administration Lawyers

A Living Will is an end-of-life instruction document.  If you go into an irreversible coma and your doctors believe that the only purpose for continued life support would be to keep you permanently in a vegetative state, a Living Will can instruct your doctors to terminate life support.  Living Wills allow you to make end-of-life decisions in advance, rather than leaving those decisions to your loved ones.  

Our clients tend to have living wills for two reasons:

  • Because they want to relieve the emotional burden on their loved ones by taking the decision to terminate life support out of their hands; or
  • Because they simply do not want to be left in an irreversible vegetative state either for physical reasons or to avoid draining their family's finances.  

‍An alternative to a Living Will is to state your end-of-life wishes in your Healthcare Power of Attorney.  This can relieve some of the emotional burden on your loved ones while still leaving the ultimate legal decision of whether to terminate life support in their hands.  

Whether to execute a living will is a very personal decision, and there is no right or wrong answer.  Our Lisle estate planning attorneys will help you weigh your options and guide you through your decision-making process. 

​Read an article from our Lisle estate planning attorneys about living wills. ​

Further Reading from our

Lisle Estate Planning & Adminstration Attorneys