Our Tinley Park trust attorneys explain how trusts are utilized to avoid costly probate cases. Probate becomes necessary when the ownership of real estate assets worth more than $100,000.00 are passed to another party outside of a trust. Probate cases can potentially last a year and could cost up to ten percent of the value of the estate in attorney fees and court costs. Also, while a probate case is ongoing, your loved ones won't have any access to inherited assets until the probate is completed.
Our Tinley Park trust attorneys will assist you in the creation and transfer of assets into the trust so your loved ones can administer and control your estate without entering probate and the need to hire an attorney.