Many people have never thought about or considered what would happen if they became ill or pass away. Proper planning with the Chicago estate planning attorneys at JRQ & Associates, LLC will help ensure that you and your loved ones are take care of during your and their time of need.
Estate plans help you to prepare for your future with minimal disruption and limited court intervention. Our estate planning attorneys provide guidance and help you create a plan for managing what happens when you are unable to decide yourself. We work with estates small to large including those with a wide range of assets from real estate to retirement plans, and investment portfolios to pieces of fine art.
An estate plan often includes several legal documents designed to work in conjunction with one another.
Certain aspects of an estate plan are designed to manage what happens when you pass away.
- Wills form the basis of almost every estate plan and determine where your assets go when you pass away. We can assist you by drafting a will that is clear and concise, so that your wishes are carried out.
- Trusts are a great way to protect your assets and avoid the need of those you leave behind to involve a probate court. We prepare trust documents including revocable trusts, revocable family trusts, irrevocable life insurance trusts, and other trusts designed for your estate planning needs.
An estate plan can allow others to act on your behalf if you are unable to care or make decisions for yourself.
Powers of Attorney for Property
A property power of attorney allows others to manage your assets on your behalf. These can be structured to allow others to perform actions on your behalf and can be limited to certain scenarios or to allow someone to make decisions if you are unable to do so.
Powers of Attorney for Healthcare
A healthcare power of attorney allows others to make medical decisions on your behalf. Our estate planning attorneys design a power of attorney for healthcare to ensure that your wishes regarding your healthcare are acted upon.
Advanced Directives
An advanced directive tells a healthcare provider how to care for you in the event you are unable to make decisions for yourself, typically in conjunction with your power of attorney for healthcare.
Other aspects of estate planning are based on your desires for when you pass.
Charitable Contributions
If you wish to donate all or a portion of your estate to charity when you pass, we will work to ensure that your wishes are fully realized.
Pet Trusts
Furry friends are integral part of many families. A pet trust ensures that your pet is taken care of if you are unable to do so.
Special Needs Trusts
Some families have unique needs necessitating trusts designed for the care of those with special needs. Special needs trusts or disability trusts ensure that those who need additional support can receive it.
LGBTQ+ Estate Planning
Even in this day and age, LGBTQ+ people may face unique and challenging issues that our estate planning attorneys will ensure are avoided. In some cases, there may even be attorneys that do not provide an atmosphere that allows you to feel comfortable sharing personal information that is important to an attorney-client relationship. As an LGBTQ+ owned and operated law firm, you can be assured that you will have compassionate and sensitive attorneys that are sensitive to the issues that impact our community and that will keep your mind at ease while fully protecting your interests.
Whatever your situation, you’re in good hands with JRQ & Associates. Our estate planning attorneys will structure an estate plan around your desires and interests to ensure that you and your loved ones are taken care of.
