Chicagoland Living Trust and Estate Planning Lawyers
Setting up a revocable Living Trust will help you maintain control over the administration and distribution of your assets if you become disabled or when you pass away. At Fausett Law, P.C., we help our clients in DuPage County and throughout the Chicago metropolitan area maintain control of their assets and finances.
Creating a revocable Living Trust is a practical step toward protecting what you have accumulated and earned throughout your lifetime. A Living Trust gives you choices and options that probate simply does not provide.
Estate Planning Experience
At Fausett Law, P.C., we bring both experience and knowledge in estate planning, particularly in the area of creating revocable Living Trusts. For many, a Living Trust is an ideal way to avoid probate. Probate can be complicated, costly, or time-consuming, for these reasons a Living Trust has its advantages.
Pros of Living Trusts and Cons of Probate
Without a Living Trust, your estate may become part of the public record in probate court. A Living Trust provides more privacy in the administration of your estate because it does not have to be filed in the county where you resided. A Living Trust greatly simplifies the administration of your estate since there is no delay associated with court-involvement. The probate process can take anywhere from six to nine months; however, a Living Trust can often be administered shortly after your passing.
Control Your Assets in the Event of Disability
Living Trusts are not just about protecting your assets after you pass on. Living Trusts give you a level of control if you become disabled or deemed incompetent because you will have named a successor trustee to handle matters on your behalf.
Contact an Experienced Living Trusts Lawyer Today
For more information or to schedule an appointment with an experienced attorney regarding probate avoidance, or estate planning, please contact us today.