Lake County, Illinois Estate Planning Lawyers
Katrine has been with Newland and Newland, LLP since 2015. Before joining Newland & Newland, LLP, she was an associate at a Chicagoland firm where...
Mr. Feldman provides legal assistance to clients concerning a broad range of business and estate planning matters, including business formation and organization, contract review,...
Knowing that the law is not a “one size fits all” proposition, Michael applies his wealth of experience dealing with people and complex problems in finding the right solution for each individual client. He believes that listening to the client and fully understanding the desired outcome is an essential part of the legal process. In addition,...
In 2017, Brent opened his own practice in Barrington, Illinois. In addition to commercial real estate, his practice now includes a...
Marcia is admitted to practice in Illinois and the District of Columbia and is a member of the Chicago Bar Association and the Illinois State Bar Association. Marcia also serves on the Northbrook Plan Commission.
Rick is a member of the Chicago Bar Association, the Illinois State Bar Association and the American Bar Association. Rick is also a member of the Board of Directors and is President of PADS Crisis Services, Inc., a charitable organization serving the needs of the homeless in...
Lake County Estate Planning Legal Aid & Pro Bono Services
Prairie State Legal Services, Inc.
Legal Clinic for the Disabled, Inc.
Planning your estate?
Estate planning arranges for the transfer of an individual's estate at the time of death. An estate consists of all property owned at death before it is distributed by will, trust, or intestacy laws. An estate may contain both real property and personal property. Estate planning allows an individual to decide exactly who will benefit from his or her estate, and to what extent. It can also reduce the taxes imposed on the transfer of assets at death.
An experienced estate planning lawyer can help minimize the amount of the estate surrendered to taxes as well as ensure that the management and distribution of the estate is carried out according to your plans. Particularly when your plans are complex and/or you have substantial property or assets, it is important to have an attorney who can ensure that your plan functions the way you intend. Depending on the complexity of your individual situation, your estate planning team may include attorneys, financial planners, bankers and insurance professionals. Some states certify attorneys as estate planning specialists, which means they have met certain requirements for experience, education, and testing in that field.
Fiduciary: A person or institution who manages money or property for another and who must exercise a standard care imposed by law, i.e., personal representative or executor of an estate, a trustee, etc.
Personal representative: The person who administers an estate. If named in a will, that person's title is an executor. If there is no valid will, that person's title is an administrator.
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