Schaumburg Estate Planning Attorneys

Schaumburg Estate Planning Attorneys

Many people living in the Schaumburg area have families they care for and want to protect. When it comes to putting together an estate plan to express your desires, make sure you are working with a Schaumburg estate planning attorney.

Estate planning will be a very valuable use of your time because it will ensure that all of your wishes come to fruition whenever you die. Spagnolo & Hoeksema, LLC, handles estate planning for clients throughout the greater Schaumburg area and can help you craft the best estate plan for your own unique situation.

Illinois Estate Planning Attorneys Serving Cook County and DuPage County

While it is true that any person stands to benefit from working with an experienced estate planning lawyer, many people opt not to call such an attorney because they believe that their assets are too modest and do not require any kind of plan for the future. This belief ignores the reality that a will and advanced directives such as healthcare and general durable powers of attorney can end up being essential for essentially everyone. 

Many people do not realize all of the options that estate planning lawyers can provide. Attorneys are knowledgeable when it comes to asset and wealth protection methods that ultimately maximize a person’s retirement and how much they can ultimately leave for their entire family.

Estate planning is not just a perk for the wealthiest among us. Estate planning is for any person who hopes to take care of their family in the future. 

Estate Planning in Illinois

When you live in Illinois and are now starting to think more about what will happen in your later years, it becomes time to seek legal representation for estate planning needs. Spagnolo & Hoeksema, LLC, has a wealth of experience helping people plan for their futures through estate planning, such as:

• The drafting wills
• The creation of financial and healthcare powers of attorney
• The creation of revocable trusts and irrevocable trusts
• The preparation and handling of the probate administration process
• Creating provisions for guardianship of minors or disabled adults

Knowing the Benefits of Estate Planning

Regardless of income, savings, or retirement plans, everyone stands to benefit from a comprehensive estate plan. Estate planning is not necessarily about how much money you have in your bank account or the exact size of your estate. 

Instead, estate planning is about planning for your future in the way that will most benefit you and your family. By taking the time to look ahead and create provisions for both the most likely and worst-case scenarios, you can save your loved ones considerable time, money, and aggravation. 

With asset protection, the lawyers of Spagnolo & Hoeksema, LLC, will be able to advise you about methods to protect any savings you have for retirement as well as your future medical care, which could include working with financial professionals to diversify any investments you have, purchasing either life or long-term care insurance, or creating a trust for the benefit of your loved ones.

Estate planning will help you prepare for emergencies. By creating powers of attorney for healthcare and general purposes, you will be ready should you ever become incapacitated because of a serious accident or medical condition. 

A general power of attorney will give your designated agent the authority to handle all of your affairs. It ensures the handling of your property, finances, and personal matters in the way you want.

A power of attorney for healthcare will give a trusted agent the ability to direct your medical care and also use or withhold life resuscitating or sustaining machines if you are in a permanent coma or have a terminal condition when you desire that. A power of attorney for healthcare will become effective as soon as you become incapacitated or are unable to communicate your directions, and it will leave directions for your loved ones and agent concerning your healthcare decisions.

Spagnolo & Hoeksema, LLC, can also work with you to create a will that divides all of your assets among your family, friends, and any charities according to your personal preferences. This means that you get to determine where all of your money and property go instead of letting state law dictate who gets what instead.

Call Us Today to Schedule a Free Consultation with a Schaumburg Estate Planning Lawyer

At Spagnolo & Hoeksema, LLC, our attorneys understand that few people want to discuss the end of their lives. While the topic is certainly somewhat morbid, it is also necessary to consider the future and draft estate planning documents so you can truly protect your needs and desires.

Spagnolo & Hoeksema, LLC, handles estate planning issues for clients in and around the Schaumburg area, and we will take the time to really understand what is important to you. You can call us or contact us online to take advantage of a free consultation that will allow us to discuss your case further and really start to get to know you and what is important to you.