Living Trusts

Create a lasting legacy for your heirs with a living trust
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Living Trusts Attorney In Oak Park, Illinois

What Is A Living Trust?

At Frank Stepnowski Law, PC in Illinois, living trusts are regarded as exceptionally valuable tools for effective estate planning. These trusts can be established and funded during your lifetime, which allows for a seamless transition of assets. Unlike a testamentary (contingent) trust, which only becomes effective after your passing, a living trust provides a cost-efficient and streamlined avenue for ensuring that your heirs are adequately catered to.


This proactive approach not only helps to avoid probate but also safeguards your assets, thereby granting you invaluable peace of mind. As long as you remain alive, you retain absolute control over the assets placed within your trust, managing them as though they were still registered directly under your name. For more detailed insights and personalized guidance on living trusts and how they can work for your unique situation, connect with our knowledgeable team at Frank Stepnowski Law, PC today.

Call Frank Stepnowski Law, PC at 708-649-1281 to schedule a consultation with a lawyer today.

What Benefits Do Living Trusts Provide to My Heirs?

Turn to Frank Stepnowski Law, PC to get experienced help in setting up living trusts, a proven and effective method for ensuring your children’s or other heirs’ needs are taken care of seamlessly, without the burdensome complication of navigating the intricate probate process. Probate can often become quite pricey and lengthy, sometimes extending over months or even years, which can add stress during an already challenging time. If your heirs live far away, completing all the necessary paperwork can morph into a considerable nuisance, complicating matters further. Living trusts also offer the significant advantage of potentially reducing your heirs’ tax obligations, alleviating financial concerns at a moment when their primary focus should understandably be on coping with their loss. By establishing a living trust, you provide peace of mind for yourself and financial relief for your loved ones.


To learn more about how we can assist you in this important aspect of estate planning, schedule a consultation with us at Frank Stepnowski Law, PC, where we proudly provide unwavering dedication to helping you navigate the complexities of estate matters with care.

Does a Living Trust Benefit Me Now?

At Frank Stepnowski Law, PC, we understand that planning for the unexpected can provide invaluable peace of mind. Alongside maintaining complete control over the assets you allocate into the trust, a living trust can also cater thoughtfully to your needs should you experience a disability. Without the protective framework of a living trust or financial power of attorney in place, the probate court could step in to oversee how your family manages your care during such challenging times. However, with our experienced guidance in implementing a living trust, you have the opportunity to nominate a trustee—typically a trusted relative or a dependable friend—to take charge of managing your assets in the event of your disability.


One of the remarkable features of living trusts is that they are revocable, which means you have the flexibility to effortlessly adjust the provisions or even terminate the trust entirely as your circumstances evolve. This makes living trusts one of the most straightforward yet incredibly powerful tools available to ensure that the people you care about can effectively control your assets when you may no longer have the ability to do so yourself. Discover the tranquility and relief that comes with having a well-constructed living trust tailored to your unique situation. We invite you to schedule a consultation with one of our dedicated estate planning legal professionals at Frank Stepnowski Law, PC, to discuss your specific needs and how we can help protect your legacy.

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Have Questions?

Call Frank Stepnowski Law, PC at 708-649-1281 today to speak to an attorney.

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