Kelleher + Holland, LLC Attorneys At Law
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Kelleher + Holland, LLC Attorneys At Law
847-242-1777

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Making Cohesive Wills And Trusts

At Kelleher + Holland, LLC, we understand the importance of planning for the future. With a dedicated team of over 30 attorneys, we bring a wealth of knowledge to the table in estate planning, personal injury law and employment law defense. Our approach is personal and direct, ensuring that we craft solutions tailored to your unique needs. We pride ourselves on our ability to navigate the complexities of estate planning with a warm and approachable style. When you choose us, you are not just getting legal assistance; you are gaining partners who will stand by you through every step of securing your legacy.

What To Know About Wills And Trusts

A last will and testament is one of the most important tools in any estate plan. Trusts are a financial tool that many people choose to use. This is what they encompass:

  • Wills: A legal document stating how you want your survivors to distribute your property and care for surviving minor children.
  • Trusts: A fiduciary arrangement granting power to a trustee to hold certain assets for a designated beneficiary.

While both wills and trusts are fundamental components of estate planning, they serve different purposes. Often, people use them in conjunction to provide comprehensive coverage. A will comes into effect after you pass away, while a trust takes effect almost as soon as you create it. Trusts can also offer more control over your assets and can help reduce estate taxes and legal challenges.

The Importance Of Wills And Trusts

Having a will and trust in place ensures that your assets are distributed according to your wishes and that your loved ones are provided for in your absence. Without these documents, state laws dictate the distribution of your assets. This may not align with your intentions. By setting up a will, trusts and other estate planning tools, such as a power of attorney, you can also minimize the burden on your family during a difficult time and avoid unnecessary legal complications.

Discuss Your Options With Our Illinois Estate Planning Lawyers

Do not wait to secure your family’s future. Contact us today at 847-242-1777 or reach out via email to start the conversation with a caring estate planning attorney. We have convenient locations in North Barrington, Waukegan and Hinsdale, Illinois. We also have a Naples office in Florida.