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Winnebago County Estate Planning Attorneys | Estate Planning Lawyers, Winnebago County IL

Winnebago County Estate Planning Attorneys | Estate Planning Lawyers, Winnebago County IL

Our Winnebago Estate Planning attorneys are knowledgeable, cost effective, and above all friendly. You have worked hard to generate your assets; make sure they are properly distributed to the ones you love while at the same time avoiding a minimizing estate tax. Call us today, so that we can inform you of all of your options, and hopefully we can work together to implement a plan for the future of your estate.

Our Winnebago Estate Planning attorneys are knowledgeable, cost effective, and above all friendly. You have worked hard to generate your assets; make sure they are properly distributed to the ones you love while at the same time avoiding a minimizing estate tax. Call us today, so that we can inform you of all of your options, and hopefully we can work together to implement a plan for the future of your estate.

Our Winnebago County Estate Planning & Administration Lawyers Can Assist You With All Of Your Estate Planning Needs:

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Why O'Flaherty Law for My

Estate Planning

Matter?

In this video, our Winnebago County Estate Planning Divorce attorney describes why O'Flaherty Law is the best choice for your estate planning needs.

We Are Affordable!  An estate plan is a necessary life step for anyone who owns their own home or condo; don’t fall into the misconception that estate planning is only for the affluent.  We do all that we can to offer affordable services to expand accessibility to the communities we serve.  We pride ourselves in having the most cost effective legal services in the area, and we encourage you to notify us if you are not completely satisfied!

We Know Our Stuff!  Beginning with our owner Kevin O’Flaherty, who was named one of the “Best Under 40” by Suburban Life, through the rest of our staff, which was awarded Avvo Client’s Choice Award for Estate Planning; we are recognized for having the skill to create the best estate plan for you.

We are comprehensive!  The legal team at O’Flaherty Law has collective experience that goes far beyond the scope of estate planning.  They have the expertise in nearly every facet of the law that they can apply, should your case require familiarity with business law, family law, probate; the list goes on and on.  Once we help you plan for the future of your estate, we hope that you will remember O’Flaherty the next time you require legal services.

Some of Our Accomplishments

Schedule a Free Consultation With Our

Winnebago County Estate Planning & Administration Attorneys

Please contact our friendly

Winnebago County Estate Planning & Administration Attorneys

at our nearest location to schedule a free consultation:

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 Winnebago County Estate Planning & Administration Attorneys

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

Can a Revocable Living Trust Avoid Estate Taxes?

In this article, we will explain the difference between revocable trusts and irrevocable trusts in Illinois.  We will answer the questions, how do trusts work?, what is the difference between a revocable living trust and an irrevocable trust?, what is a revocable living trust used for?, and what is an irrevocable trust used for?  We will also discuss how irrevocable trusts are used to protect assets from creditors, to plan for long-term care, and to minimize estate tax.

Read More

In this article, we will explain the difference between revocable trusts and irrevocable trusts in Illinois.  We will answer the questions, how do trusts work?, what is the difference between a revocable living trust and an irrevocable trust?, what is a revocable living trust used for?, and what is an irrevocable trust used for?  We will also discuss how irrevocable trusts are used to protect assets from creditors, to plan for long-term care, and to minimize estate tax.

Read More

The Benefits Of Revocable Living Trusts

Winnebago County Estate Planning Attorney, Winnebago County Estate Planning Lawyer, Winnebago County Estate Administration Attorney, Winnebago County Estate Administration Lawyers

Winnebago estate planning attorney, Kevin O'Flaherty, discusses Revocable Living Trusts

Winnebago County Estate Planning Attorney, Winnebago County Estate Planning Lawyer, Winnebago County Estate Administration Attorney, Winnebago County Estate Administration Lawyers

The fundamental purpose for planning your estate is to ensure that your assets are distributed to your loved ones in the manner you have outlined.  This cannot happen in a timely manner if your assets are held up in probate.  This process is lengthy, lasting up to a year or longer, and can cost you thousands of your own dollars in attorney fees.    

If you become incapacitated, your family will have immediate access to your assets, avoiding guardianship proceeding.   Both of these headaches for your loved ones can be completely avoided by simply planning your estate.

5 Documents In A Typical Estate Plan

  1. Revocable Living Trust: Primary estate plan document, provides inheritance directions and establishes successor trusts for children and provides for disability,
  2. Pour-Over Will: Safety net document, stipulates that assets not transferred to a trust during lifetime will be distributed according to the terms of the trust; also establishes guardianship of minor children.
  3. Healthcare Power of Attorney: Designates who can make medical decisions for you if you become incapacitated.
  4. Financial Power of Attorney: Allows your spouse or successor agents to handle financial transactions on your behalf.  
  5. Living Will: States your wishes if you become incapacitated and death is imminent except with the exception delaying procedures.

Winnebago estate planning attorney Kevin O'Flaherty of O'Flaherty Law discusses using a Living Will to provide for end of life instruction.

  1. Revocable Living Trust: Primary estate plan document, provides inheritance directions and establishes successor trusts for children and provides for disability,
  2. Pour-Over Will: Safety net document, stipulates that assets not transferred to a trust during lifetime will be distributed according to the terms of the trust; also establishes guardianship of minor children.
  3. Healthcare Power of Attorney: Designates who can make medical decisions for you if you become incapacitated.
  4. Financial Power of Attorney: Allows your spouse or successor agents to handle financial transactions on your behalf.  
  5. Living Will: States your wishes if you become incapacitated and death is imminent except with the exception delaying procedures.

How To Choose A Trustee For Your Estate

Winnebago estate planning attorney, Kevin O'Flaherty, explains how to use estate planning to appoint fiduciaries.

Winnebago County Estate Planning Attorney, Winnebago County Estate Planning Lawyer, Winnebago County Estate Administration Attorney, Winnebago County Estate Administration Lawyers

Our Winnebago Estate Planning attorneys stress the importance of selecting the right person to be a trustee in the event of your passing.  You are essentially placing the responsibility of managing every aspect of your estate, in accordance to your wishes, on the person of your choosing.  This person must be able to fulfil these duties to fulfil your wishes after you pass.

Read the entire article by our Winnebago County attorneys explaining how to choose and what to look for when choosing a trustee.

Further Reading from our

Winnebago County Estate Planning & Administration Attorneys