Tinley Park, Illinois, Wills And Trusts Attorney

In case something happens to you, it is wise to have a will and trusts in place to protect your property and loved ones. Wills and trusts are legally binding documents that identify who will gain the rights to your property and how your minor children will be cared for in your absence.

The Law Offices of Andrew L. Horberg, P.C., has helped many people prepare for the future of their estates using wills and trusts. Attorney Andrew Horberg promises his clients attentive legal counsel and service that takes their individual needs into consideration.

Planning Your Estate: Wills And Trusts

In addition to providing peace of mind to the living, wills and trusts save beneficiaries valuable time and money by effectively minimizing estate taxes and avoiding probate court. Mr. Horberg has over 30 years of experience in will creation and establishing trusts. He can help with the following:

Wills

Wills direct the management and distribution of your estate after death, and can include the guardianship of minors. Common types of wills include:

  • Simple wills — Distribute property of uncomplicated estates
  • Conditional wills — Only go into effect when specified conditions are met
  • Joint/reciprocal wills — Are created by two people who wish to leave their property to one another
  • Living wills — Specify what kind of medical treatment you do or do not wish to receive if you become ill or injured beyond capacity to communicate your preferences
  • Pour-over wills — Transfer property into a trust after death

Trusts

Trusts allow you to direct or control property or other legal rights while alive and to facilitate the transition of property after death. Common types of trusts include:

  • Testamentary/will trusts — Put at least some of your property into a trust
  • Revocable/living trusts — Can be changed at any time, but offers no creditor protection
  • Irrevocable trusts — Cannot be changed after being signed
  • AB/marital trusts — Helps couples to maximize the use of both of their federal exemptions from estate taxes

There are advantages and disadvantages to all wills and trusts. Depending on your estate, some options will be more beneficial to you than others. Contact an attorney to make an informed decision.

Call Estate Planning Lawyer Andrew Horberg

The Law Offices of Andrew L. Horberg, P.C., offers experienced estate planning legal services to clients in Illinois. Offices are located in Tinley Park, Frankfort and Lansing. To schedule an initial consultation, call 312-429-6920 or 708-576-1379.