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Oflaherty Law, Illinois Attorneys

Schaumburg Estate Planning Attorneys | Estate Administration Lawyer, Schaumburg IL

Schaumburg Estate Planning Attorneys | Estate Administration Lawyer, Schaumburg IL

Our Schaumburg estate planning attorneys will help you with all of your estate and probate needs. We will personalize and implement your estate planning tailored to your needs. Our expert Schaumburg estate administration attorneys will draft and review all of your estate planning documents including revocable living trusts, wills and assist in estate tax planning, special needing planning, asset protection, and powers of attorneys.

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Our Schaumburg estate planning attorneys will help you with all of your estate and probate needs. We will personalize and implement your estate planning tailored to your needs. Our expert Schaumburg estate administration attorneys will draft and review all of your estate planning documents including revocable living trusts, wills and assist in estate tax planning, special needing planning, asset protection, and powers of attorneys.

Your Community Law Firm

Why O'Flaherty Law for My

Estate Planning

Matter?

In this video, our Schaumburg estate planning attorney describes why O'Flaherty Law is the best choice for your estate planning matter.

  • We Go Above-And-Beyond!  At O'Flaherty Law, our policy is  simple.   We seek to impress our clients and believe that when we leave you feeling like you received the best representation,  you will tell your friends and family about us. This is how we build our business and start the best relationships with our clients. Our support from them has helped us achieve Avvo's Client's Choice Award for Estate Planning in 2016.  We look forward to you giving us a chance to impress you with our  expert service and dedication.
  • We Are Affordable! We pride ourselves on our affordability. We would love to hear if you find lower rates and find a affordable solution to accomplish your estate planning needs.
  • We Know Our Stuff!  Our Schaumburg estate planning attorneys have the skill and experience to provide you with technical estate planning options.  We help with advanced and complex estate plans such as estate tax avoidancecreditor avoidance, special needs planning, and medicaid planning.
  • We are Comprehensive!  Let us at O'Flaherty Law work as a team and be your community law firm.  We strive to be a source in our community to ensure the resolution of a wide variety of legal matters. We accomplish this by retaining skillful attorneys who specialize in different areas law. This comprehensive approach ensures your representation isn't disrupted if your case intersects with different areas of law.  We will be your life-long adviser and work through any legal issues that may arise throughout your life. 

Some of Our Accomplishments

Best Child Support Lawyers in Chicago
DuPage County Probate Attorney
Kevin P. O'Flaherty
Rated by Super Lawyers


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DuPage County Probate Attorney

Schedule a Free Consultation With Our

Schaumburg Estate Planning & Administration Attorneys

Schaumburg Estate Administration Attorney

What to Expect From a Consultation

The purpose of a free 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. Although most consultations are complimentary, some may carry a charge depending on the type of matter and meeting location.

Please contact our friendly

Schaumburg Estate Planning & Administration Attorneys

at our nearest location to schedule a free consultation:

O'Flaherty Law of Schaumburg

200 W. Higgins, Ste. 231A
Schaumburg
,
IL
60169
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 - 9 pm Mon - Fri
Saturday 9 am- 9 pm & Sunday 12 pm - 8pm
by appointment

O'Flaherty Law, Illinois attorneys, Iowa attorneys

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:

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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.

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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 Schaumburg Estate Planning Attorneys

Estate Administration Attorney Schaumburg

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

When Should A Fiduciary For An Illinois Trust Resign?

Downers Grove Spousal Maintenance Attorneys

In this article, we answer the following questions: When should a fiduciary for an Illinois trust resign? What reasons would the fiduciary of an Illinois trust have to resign? What legal hurdles might prevent a fiduciary from resigning? Is a “retired” fiduciary still liable? How can an Illinois fiduciary protect herself from continued liability?

Read More

The Goals of A Good Estate Plan in Schaumburg

Schaumburg Estate Planning Attorneys

Schaumburg estate planning attorney, Kevin O'Flaherty outlines the 8 goals of a good estate planning.

Schaumburg Estate Planning Attorneys

Our Schaumburg estate planning attorneys outline the 8 goals of a good estate plan in this article.Four General Goals that Apply to Most People:

1.  Appointment of Fiduciaries and Distribution of Assets When You Pass;

2.  Avoiding probate when you pass;

3.  Guardianship avoidance upon mental incompetence;

4.  End of Life Decision-Making;

​Four Goals that Only Apply in Specific Circumstances

5.  Estate Tax Planning;

6.  Special Needs Planning;

7.  Creditor Protection; and

8.  Medicaid Planning.

Read the article by our Schaumburg estate planning attorneys about the 8 Goals of a Good Estate Plan

Appointment of Fiduciaries & Distribution of Assets in Schaumburg

These next two articles by our Schaumburg attorneys discuss appointing fiduciaries and arrange asset distribution.  Your estate plan's purpose is the appointment of executors or trustees to manage your estate once you pass.  It's purpose also enables individuals you appoint to make healthcare and financial decisions for you in case you become mentally incompetent. The next article on asset distribution discusses how your assets will be distributed after you pass both with and without a will or trust.  

Read an article by our Schaumburg estate planning attorneys about how to use your estate plan to appoint fiduciaries. 

Read an article by our Schaumburg estate planning lawyers about how to use your estate plan to arrange for the distribution of assets for your Schaumburg estate plan. 

Chicago estate planning attorney, Kevin O'Flaherty discusses how to use a Chicago estate plan to appoint fiduciaries to important roles in your life.

Schaumburg Estate Planning Lawyers

These next two articles by our Schaumburg attorneys discuss appointing fiduciaries and arrange asset distribution.  Your estate plan's purpose is the appointment of executors or trustees to manage your estate once you pass.  It's purpose also enables individuals you appoint to make healthcare and financial decisions for you in case you become mentally incompetent. The next article on asset distribution discusses how your assets will be distributed after you pass both with and without a will or trust.  

Read an article by our Schaumburg estate planning attorneys about how to use your estate plan to appoint fiduciaries. 

Read an article by our Schaumburg estate planning lawyers about how to use your estate plan to arrange for the distribution of assets for your Schaumburg estate plan. 

Avoiding Probate in Schaumburg

https://youtu.be/pEU3aUCkoKk

Schaumburg Estate Planning Attorneys
Estate Planning Lawyer Schaumburg

Our Schaumburg estate planning attorneys discuss revocable living trusts and what ways they are used to avoid probate, which can  be time consuming and costly. Probate is required in Illinois when you pass away and have real estate worth $100,000.00 or more outside of a trust. Avoiding probate will save your estate time and money.  The costs of probate can be between 5% and 10% of the estate value in court and attorneys fees.  Probate also may take a year or more which causes your loved ones to wait to receive your assets, which is what makes revocable living trusts so lucrative.  These trusts act as the primary vehicle of your estate plan.  We will ensure that your estate avoids probate and your estate will pass immediately to your loved ones.

Read the full article by our Schaumburg estate planning attorneys on how to use revocable living trusts to avoid probate. 

Schaumburg estate planning attorney, Kevin O'Flaherty, discusses how to use an estate plan to arrange for the distribution of your assets to your loved ones. 

Estate Planning Goal #3: Avoiding Guardianship Proceedings Upon Mental Incompetence

Schaumburg estate planning attorney, Kevin O'Flaherty, discusses how to use powers of attorney to prevent guardianship proceedings if you become mentally incompetent.

Our Schaumburg estate planning lawyers, discuss the different powers of attorneys used in guardianship proceedings if you become mentally incompetent. These two types are healthcare and financial powers of attorney.  Without the proper powers of attorney in place before becoming mentally incompetent, you must go through a guardianship proceeding.  These proceedings should be avoided whenever possible because of the cost and how time consuming they are.  Your wishes, clearly dictated through a power of attorney will make everyone involved feel more confident they are doing the right thing.  Our Schaumburg attorneys are proud of their dedication and are proud to help provide you with a power of attorneys that provides you with peace of mind.   We will ensure your assets and well being will be well handled should you ever become mentally incompetent.   

Estate Planning Goal #4: End of Life Instruction

Schaumburg estate planning lawyer, Kevin O'Flaherty, explains how to use living wills for end-of-life instruction.  

Our Schaumburg estate planning attorneys discuss how living wills state your end-of-life wishes.  Having a living will takes the stress away from your loved ones in the event you enter an irreversible coma.  A living will makes decisions on the termination of life support if you enter an irreversible coma.  These  help to ease the burden on the emotional decisions your love ones may have to face if such a will was not in place.

Read the full article by our Schaumburg estate planning attorneys about Living Wills. 

Further Reading from our

Schaumburg Estate Planning & Administration Attorneys

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