Cook County Trust Attorneys | Trust and Will Lawyers, Cook County IL

In this article, our Cook County will lawyers explain how wills and trusts are used to distribute assets when you pass. Ensuring that the right people are in charge of distributing your assets according to your wishes is one of the key goals of a good estate plan. Both wills and trusts can ensure that your wishes are accomplished. Our Cook County trust attorneys explain the various situations in which using a revocable living trust as the primary vehicle of your estate plan may be preferable to a will.

In this article, Cook County will and trust attorney Kevin O'Flaherty explains how we use revocable living trusts to avoid probate in Cook County. If you live in Cook County and you pass away owning any real estate outside of a trust or more than $100,000.00 outside of a trust, it is likely that a probate case will be required in order for your loved ones to get access to your assets.  We want to avoid probate because probate can be costly and time consuming, and because it takes a significant amount of time for your loved ones to receive their inheritance.  Our Cook County trust attorneys explain how we use trusts to ensure that probate will not be necessary when you pass.

In this article, our Cook County trust attorneys explain the importance of appointing fiduciaries to oversee the administration of your estate when you pass.  Fiduciaries are the people responsible for ensuring that your estate is handled according to your wishes. If a trust is the primary vehicle of your estate plan you will name a trustee to administer the trust when you pass.  Executors are the fiduciaries named in wills to manage probate estates.