trust planning design tools

Have peace of mind and a sense of security knowing your children will be taken care of in unpredictable times. By naming a guardian and setting your children's protection plan in place, you can rest assured knowing there's a secure plan to protect your children. 

Have you #plannedit®

Married couples can take advantage of the unlimited marital deduction by transferring property to the surviving spouse without any federal, state or gift tax implications. 

Have you #plannedit® 

Planning for blended families is unique as each family comes with its own dynamics and set up. There may be children from a prior marriage and children from the current marriage. Taking time to hear each spouse's wishes for their family is important to help set up the couple and blended family for success. 

Have you #plannedit®

Individuals may be single, divorced or widowed, with or without children. Planning for the individual takes extra care as there are many important decisions to be made concerning how you want to see your family taken care of and your assets distributed. 

Have you #plannedit®

A big reason to design a trust plan is to avoid probate court and all the time and fees associated with it. If you have a Will or no plan at all, your estate will go to probate court. 

 A properly funded trust plan avoids court involvement of your wishes and allows for a seamless and flawless transition of your plan. 

Have you #plannedit® 

Trust planning has a built in incapacitation tool that incorporates instructions to your Trustee if you are in a mental state where you cannot make your own medical and/or financial decisions. 

Have you #plannedit®

If you are over the federal and/or state exemption amounts, you will owe taxes at your death. However, there are exemption amounts that the Federal Government and State of Illinois allow you to have in your gross estate until that happens. Think of them like coupons. For those who are over the coupon amount, tax planning is important.  

Have you #plannedit® 

Asset protection is key when designing your trust plan as the goal is to safeguard your assets and protect your beneficiaries from creditors, potential ex-spouses or they just spend too much money. Your trust plan allows you to give to your beneficiaries how you want and when you want allowing you to maintain control even if not here. 

Have you #plannedit®

Medical situations can be frantic and anxiety driven, but having your plan in place will take that burden off your loved ones. With your advance directives in place, you help your loved ones avoid making those difficult decisions for you if you ever become incapacitated. 

Have you #plannedit® 

Whether you are a high net worth individual or have a passion for charities, you can design your trust plan to meet tax goals or to benefit your charitable intent. 

Have you #plannedit® 

Our furry friends are family too and you have the ability to plan for them as you would your beneficiary by creating a trust for them. 

Have you #plannedit® 

If you have an existing Revocable Living Trust, it is imperative to review it every 3 years to ensure that nothing has changed within your family unit, but also ensure there are no new law or law changes that may affect your currrent trust set up. 

Have you #plannedit®

 For the new or existing solo business owner, protection from potential liability, debts, and judgments plays a key role when considering entity formation.  

If you are a sole proprietor with no business organization, you are putting yourself and your family at risk by being personally liable if sued. Additionally, without the proper corporate documents, you can leave your loved ones with a mess in Probate court trying to close out the business accounts after death. 

Forming an LLC or Corporation  with the appropriate Corporate documents provides asset protection, personal liability protection, and tax benefits and we can help you through that process.

Have you #plannedit®

We are sorry for your loss. When a loved one dies, it can be a confusing path to navigate through. 

Probate is the court-driven process of settling a person's affairs after their death. If your loved one died with a will, we can help you navigate through this process with compassion and skill so that your loved one’s wishes can be honored.

*Probate services offered only for uncontested Wills in DuPage County*

Have you #plannedit®