Estate Planning is essential
Over the past 3 decades, Tuohy Law Offices has prepared over 3,700 estate plans for its clients and helped them to preserve over $1 billion dollars in hard earned assets.
In keeping with its commitment to the legal education of the community, our firm has presented hundreds of seminars in the area of Trusts, Estates and Asset Preservation.
It is a Relief
No one wants the government or the court system to control their savings. However, the reality is that happens to the majority of people. Unfortanelty, most people simply do not want to commit to making decisions that would allow their families to avoid the high cost and lengthy delay of the Probate system. It is the sense of immortality when we are younger. And the fear of our mortality as we age that prevents us from making this decision a priority.
We have never had a client that did not express this feeling after signing their estate plan: relief. To be able to get on with the business of living without this important decision hanging over your head is truly a great feeling of relief.
The consequences of not acting to preserve your assets in a private Living Trust that you control are signficant. That is to say, your family is introduced to the Probate Court system and its over 100,0000 pending files (in Cook County alone). Meanwhile, the average amount of time for your family to complete the Probate process is 18 months.
Failing to plan also leaves you open to the very real possibility of Guardianship, “living probate” and extended life support. Most people would choose otherwise and all of us have the right to choose.
Careful advanced planning protects you and your family in ways that will give you peace of mind for the rest of your life. Most importantly, securing your assets in a Living Trust now is all the difference.
Call Tuohy Law Offices 1-312-559-8400 for a free no obligation consultation about your potential claim.