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What are the Biggest Advantages of Using a Trust in an Estate Plan?

DuPage County Attorneys with Estate Planning Experience

There is a fair amount of advantages to setting up a trust for the use of your estate planning. The biggest advantage of using a trust is that the heir can avoid the probing process. That process can be quite expensive, as well as very time consuming for loved ones left behind to handle arrangements after you have passed. At Davi Law Group, LLC, we can answer any of your questions that you have regarding your estate planning by setting up a free consultation to review your situation.

There are, of course, exceptions to certain scenarios, one being that the last surviving owner on record for the real estate passes away. This would, thus, transition into a probate case, which is a court case to distribute property to anyone who may be designated to receive any items listed in an inheritance. By putting real estate into a trust, the probate case process can be avoided, which is usually to the benefit of everyone involved.

Some more benefits included with setting up trusts are that there is privacy to keep out family members who, perhaps, will show up to take advantage of the situation. A trust also lets you be very specific on how your legacies that you are leaving behind are spent. You are able to specify how some of the money that you leave behind can be spent for only certain purposes. You can also leave instructions that the money can only be given following certain terms.

Contact Our DuPage County Estate Planning Lawyers

At Davi Law Group, LLC, our team of attorneys has had years of experience helping clients with trusts. If you would like to set up a consultation, come by one of our offices that can be found in Wheaton, Chicago, Joliet, and Warrenville. Just give us a call at 630-580-6373 to arrange a time with someone on our team to receive your free consultation.

Abraham Lincoln A lawyer’s time and advice are his stock and trade. -Abraham Lincoln
Warrenville Office
Address28371 Davis Parkway
Suite 103
Warrenville, IL 60555
Phone(630) 657-5052
Fax(888) 350-9195
Wheaton Office
Address1776 S. Naperville Road
Building A, Suite 105
Wheaton, IL 60189
Phone(630) 580-6373
Fax(888) 350-9195
Chicago Office
Address321 N. Clark Street
Suite 900
Chicago, IL 60654
Phone(312) 985-5676
Fax(888) 350-9195
Joliet Office
Address58 N. Chicago Street
7th Floor
Joliet, IL 60432
Phone(815) 582-4901
Fax(888) 350-9195
Davi Law Group, LLC handles family law, estate planning and real estate matters for clients in Chicago and throughout the western suburbs including DuPage County, Will County, Kane County, Kendall County and Cook County and the cities of Aurora, Bloomingdale, Bolingbrook, Carol Stream, Darien, Downers Grove, Elmhurst, Geneva, Glen Ellyn, Hinsdale, Joliet, Kendall County, Lisle, Lombard, Naperville, Oak Park, Oak Brook, Oswego, Park Ridge, Roselle, St. Charles, Villa Park, Warrenville, Wheaton, Winfield, Woodridge and Yorkville, Illinois.
Warrenville Office
Address28371 Davis Parkway, Suite 103, Warrenville, IL 60555
Phone(630) 657-5052
Fax(888) 350-9195
Wheaton Office
Address1776 S. Naperville Road, Building A, Suite 105, Wheaton, IL 60189
Phone(630) 580-6373
Fax(888) 350-9195
Chicago Office
Address321 N. Clark Street, Suite 900, Chicago, IL 60654
Phone(312) 985-5676
Fax(888) 350-9195
Joliet Office
Address58 N. Chicago Street, 7th Floor,
Joliet, IL 60432
Phone(815) 582-4901
Fax(888) 350-9195
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