Whether you own real estate, have a family or are full or part owner of a business, an estate plan is a necessity. Today, we have more blended families than ever before. Without having an estate plan in place, your personal assets, and your portion of a business could be distributed to someone other than who you intended.
We work with people of all ages to ensure they have a plan in place to provide for their families, even after they are deceased. We will take the time to understand your unique family structure, get a full picture of your financial status, and understand your goals for your loved ones. From there, we will help you draft an estate plan that best addresses your needs and helps you meet the goals you established.
For some, a simple will is all that is necessary but for others, we understand a more comprehensive, and complex estate plan is required. We will take the time to make sure you understand what options are available to you, and then we will work to craft the necessary documents to protect your family.
If you are a business owner, you also have a responsibility to your business, and your business partners if applicable. This means you may also need to provide certain authorities to authorize someone to take over the operational aspects of your business in the event of your disability or incapacity.
Whether you need a simple estate plan involving only a will and powers of attorney, or you have the need for a more comprehensive estate plan, contact Jayaraman Law. We provide estate planning services across the greater Chicago area from our Chicago, IL offices.