Chicago Estate Planning Lawyers/ Living Wills
Estate planning is a way to prepare and provide for your family's future. With a variety of legal instruments available to accomplish your goals-wills, Living wills, a variety of trusts, powers of attorney and advanced directives-it's best to consult with a knowledgeable attorney to ensure you have done all you can to accomplish your goals in a cost-effective manner.
At the Madison Group, LLP in Chicago, Illinois, we can help you with all aspects of estate planning, from preparing a will to providing for the care of children and elders. Allow us to help you meet your goals. Contact our Chicago estate planning law office.
Issues in Estate Planning
A few of the more important goals people have when they begin an estate plan relate to the care and support of minor children and vulnerable adults, the transfer of property and avoidance of estate tax, and funeral arrangements. Additionally, there are estate planning tools that can provide for educational or medical needs, charitable giving, and communicating medical wishes.
At Madison Group, LLP, we will provide you with a worksheet to help you consider all of your goals and to document your assets so we can prepare an estate plan that is appropriate to your particular situation. We will discuss tax implications as well.
Estate Planning Tools Available to You
- Wills
- Living wills(also called advanced healthcare directives)
- Marital trusts
- Revocable and irrevocable living trusts
- Charitable trusts
- Special needs trusts
- ILET trust
- Healthcare power of attorney
- Financial power of attorney
Shari'a-Complaint Wills
If you die without a valid will in the U.S., the Illinois probate court will distribute your estate in a manner consistent with U.S. law, not necessarily with Shari'a inheritance law. Shari'a law is very clear on the proper distribution of the estate for a Muslim. At Madison Group, LLP, we have extensive experience in drafting Islamic wills and trusts. For more information, or to schedule an appointment, please contact us. |
Estate Planning 
