(630)324-6666
info@oflaherty-law.com
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.
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.
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
5002 Main St, Ste. 201 Downers Grove, IL 60515
105 Jackson Avenue, Ste. 4b Naperville, IL 60540
110 E. Schiller Street, Ste. 220B Elmhurst, IL 60126
8411 Pyott Road, Ste. 107, Lake in the Hills, IL 60156
16557 Oak Park Avenue, Ste. B, Tinley Park, IL 60477
10 South Riverside Plaza Ste. 1925A Chicago, Illinois 60606
210 S Fifth St, Ste. 107B, St. Charles, IL 60174
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.
"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 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.
In this Learn About Law podcast & videoblog, attorney Kevin O'Flaherty of O'Flaherty Law explains estate tax and discusses some tools used to avoid it or minimize it.
This article is the sixth in a series of nine articles explaining the Eight Goals of a Good Estate Plan. In this article we will explain estate tax and discuss some tools used to avoid it or minimize it.
What is Estate Tax?
In addition to the taxes that you pay during your lifetime, both the federal and the Illinois state governments require your estate to pay a tax before passing to your heirs. The good news is that both the federal and state estate taxes are subject to exemptions. If the value of your estate is less than the applicable exemption the estate tax in question will not apply. Only amounts over and above the applicable exemption are taxable.
This article is the sixth in a series of nine articles explaining the Eight Goals of a Good Estate Plan. In this article we will explain estate tax and discuss some tools used to avoid it or minimize it.
What is Estate Tax?
In addition to the taxes that you pay during your lifetime, both the federal and the Illinois state governments require your estate to pay a tax before passing to your heirs. The good news is that both the federal and state estate taxes are subject to exemptions. If the value of your estate is less than the applicable exemption the estate tax in question will not apply. Only amounts over and above the applicable exemption are taxable.
Winnebago estate planning attorney, Kevin O'Flaherty, discusses Revocable Living Trusts
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.
Winnebago estate planning attorney Kevin O'Flaherty of O'Flaherty Law discusses using a Living Will to provide for end of life instruction.
Winnebago estate planning attorney, Kevin O'Flaherty, explains how to use estate planning to appoint fiduciaries.
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.
