How an Estate Planning Attorney Can Help You Avoid Probate

Having an estate plan allows you to ensure that your wishes are carried out after death or in the event of incapacity, minimizes potential family disputes and unnecessary legal fees, reduces estate taxes and other financial costs, and provides peace of mind for those you love. An experienced Chicago Estate Planning Attorney can help you determine what strategies are best for your situation and goals.

Creating an effective estate plan requires more than a will and trusts. An estate planning lawyer can provide you with a comprehensive plan that addresses your financial, healthcare and personal needs. The process is a continuous effort and changes in your life should be reviewed and the plan updated accordingly.

For example, a divorce or the birth of children require that your plan be revised to include alternative guardians for your minor children. A significant increase in assets requires changes to your trusts, and a change in health issues may necessitate redrafting your powers of attorney or your healthcare directives. An estate planning attorney can guide you through these changes and create the appropriate documents for your new circumstances.

Monahan Law Group, LLC offers customized solutions that avoid probate, protect assets, minimize estate taxes and transfer wealth to loved ones and charities. The team has more than 30 years of experience and is recognized for its client-centered approach, innovative thinking and strategic solutions, and dedication to excellence. Located in Chicago, the firm serves clients throughout Illinois and is a member of SuperLawyers, ElderCounsel and Advisors Forum.

Founded in 1919, the firm represents clients in complex estate and tax matters. The firm’s attorneys are highly regarded for their thorough and creative approach to estate planning, tax controversy, trust administration and litigation. They are also well-versed in fiduciary duties, business succession planning and a range of other issues that confront high net worth individuals.

The firm is currently seeking a Private Wealth Associate Attorney to join their team in Chicago. The ideal candidate will have 2-8 years of experience advising high-net-worth families, trusts and family offices on sophisticated estate planning, tax controversy and charitable planning matters.

The estate planning attorneys at Davis & Associates Attorneys at Law focus on protecting the interests of their clients and ensuring that their clients’ families are provided for in both life and death. The firm’s services include will and trust drafting, guardianship, disability planning, special needs planning, revocable living trusts, durable power of attorney and advanced health care directives. They are a member of the Chicago Bar Association, the Illinois Bar Association and the ElderCareMatters Alliance. The firm’s clients include private individuals, family owned businesses and public corporations. The firm is committed to diversity and inclusion in the workplace and community. It condemns any form of racial influence, hatred or intolerance and strives to be an inclusive environment for all.

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