In this article, our Saint Charles will and trust attorneys explain how wills and trusts can be used to ensure proper distribution of your assets.  We explain what happens if you pass away intestate, meaning without either a will or a trust. We also explain how trusts can provide more long-term control over how your assets are handled.  Finally we explain several scenarios in which revocable living trusts may be a better option than wills for your asset distribution needs.

Read the full article by our Saint Charles trust lawyers explaining the use of wills and trusts to plan for asset distribution.

In this article, our Saint Charles will and trust lawyers explain how trusts are used to avoid probate. Probate is a court case that is typically required to distribute your assets if you pass away owning any real estate outside of a trust or more than $100,000.00 of non-real estate assets outside of a trust. We want to use revocable living trusts as an estate planning vehicle to avoid probate because it can be costly to your estate, stressful to your family, and delay the distribution of your assets to your loved ones.

Read the full article by our Saint Charles trust attorneys explaining why it is important to use revocable living trusts to avoid Kane County probate.

In this article, our Saint Charles will and trust attorneys explain the importance of naming trusted fiduciaries to manage your estate.  An executor is the person named in your will who is responsible for administering the assets in any part of your estate that is required to go through probate.  A trustee is the person named in your trust to ensure that the wishes stated in your trust are effectuated.  The responsibility of a trustee may last for many years depending on the age of your beneficiaries and the provisions of your trust.

Read the full article by our Saint Charles trust lawyers explaining the roles of executor and trustee in administering wills and trusts.