We handle your estate with care

We have over 30 years of experience
providing positive outcomes.

Serving the McHenry County, Illinois area for 30 years

The Best in Legal Representation

Carroll & Carroll Attorneys at Law get results in family law, divorce, child custody, bankruptcy, traffic, and misdemeanor cases. We also handle estate planning.

father and child looking at laptop together

Call today and get your FREE, expert consultation on your estate planning

(815) 337-4259

 

We can help when it comes to your estate planning and execution

Your estate is really everything you own, including homes, other real estate, cars, savings, life insurance policies, investments, furniture, and personal belongings. When you die, you need to plan in advance to have your estate distributed the way you want it to me. You must specify who gets what and when. You also want it to happen without paying extra legal fee, court fees, or taxes. That is the essence of estate planning - designating in advance who you want to receive your possessions after you pass. If you don't have a plan, the state will and it will be the state that decides all of these things for your family and loved ones for you.

Begin with a will or living trust.
A will provides your instructions for distribution, but it does not avoid probate. Any assets titled in your name or directed by your will must go through your state’s probate process before they can be distributed to your heirs.This can take a long time and can be expensive with legal fees, executor fees, and court costs. To avoid probate, you can have jointly owned property and assets, and some assets which allow for beneficiaries can be distributed without probate as well as assets that let you name a beneficiary such as life insurance policies and IRAs.

Next Important Steps.  

Name a guardian for your care in case your are disabled
Name a guardian for minor children
Update your life insurance policies and make sure the beneficiaries are correct
Provide for any business assets

An Ongoing Process.
Estate planning must be an ongoing process, not a one-time event. Your plan should be reviewed and updated as your family and financial situations (and laws) change over your lifetime.

The best time to plan your estate is now.
Don't wait until it is too late. So many families put it off and are caught off-guard when the unexpected happens. You can put something simple in place now and change it later…which is exactly the way estate planning should be done. 

Protect yourself and your family

Our estate planning can help you insure that your assets and family are taken care of the way you want them to. At Carroll & Carroll Attorneys at Law, we can get this process started and advise you through the entire process.

 


Carroll & Carroll Attorneys At Law - Serving the McHenry County Illinois Communities of:

Alden, Algonquin, Barrington Hills, Bull Valley, Cary, Chemung, Coral, Crystal Lake, Fox River Grove, Greenwood, Harvard, Hebron, Holiday Hills, Huntley, Johnsberg, Lake In The Hills, Lakemoor, Marengo, McCullum Lake, McHenry, Oakwood Hills, Prairie Grove, Richmond, Ridgefield, Ringwood, Solon Mills, Spring Grove, Sunnyside, Trout Valley, Union, Volo, Wonderlake, and of course, Woodstock.

Like Us, Follow Us, Connect with Us

Like us on Facebook Connect on Google+ Follow us on Twitter