Cook County Estate Planning Attorney
What is estate planning?
Would you like to provide for management of your finances in the event of your
incapacity?
Would you like to make sure that your properties will be properly distributed to your
children and heirs after you pass away?
Would you like to provide your children and heirs with the power to distribute your
property without the expense and publicity of a petition in probate court?
Would you like to make sure that your children and heirs will not be burdened with
paying large amounts of taxes?
Providing an answer to these questions and concerns is estate planning.
Dimitrie B. Umbrarescu will provide a comprehensive estate plan. The components of
such an estate plan include:
♦ A plan for the disposition of assets in a tax advantaged manner;
♦A durable power of attorney to manage a client’s finances without the expense
and publicity of a guardianship hearing:
♦ A revocable trust to avoid probate, provide a unified plan of disposition for the
property and provide for management of a client’s finances in the event of
incapacity:
♦ Naming guardians to raise minor children;
♦Naming fiduciaries to handle minors’ assets;
♦Directions regarding health care or the naming of an agent to make health care
decisions in the event that the client cannot make those decisions herself;
♦A plan for the succession or sale of a family business.