LAW OFFICES OF GENE S. BOBROFF, P.C.
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ESTATE PLANNING


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"What is an Estate Plan?"

Estate planning is a process whereby a person’s desires and goals for management and disposition of his or her property are analyzed and action is taken to accomplish those desires and goals.

Some of the common questions we approach are:

  • Who should get my money and property when I’m gone? 
  • How do I protect my spouse and young children? 
  • Is there enough money to provide for my family? 
  • Who will manage the estate? 
  • Who will take care of handicapped or minor beneficiaries? 
  • Are there tax-saving opportunities? 
  • How do I protect by business ventures and partnerships?
 
Once these desires and goals have been defined, the proper documents are prepared. A Will is almost always a part of the plan. Other documents used may include trust agreements, beneficiary designations for life insurance and deferred compensation benefits, powers of attorney for health care and for property, buy-sell agreements, living wills and powers of attorney. On occasion, the basic structure of a business will be altered through corporate re-capitalizations, the creation of partnerships or the establishment of a pension or profit-sharing plan.

We are here to assist and get involved in the preparation of your estate plan. In addition, we work with a team of other professionals — accountants, life insurance underwriters, trust officers and financial planners — who may also be required to assist in your planning.

Contact Gene Today
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701 West Golf Road, Mount Prospect, Illinois 60056-Cook/DuPage
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2015 Johnsburg Road, Johnsburg, Illinois 60051-McHenry/Lake

Main Phone: (847) 995-9191 Fax:  (847) 995-9192
email: gene@bobrofflaw.com

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