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Home | Wills & Estate Planning | Living Trust | Illinois Living Trust

Create an Illinois Living Trust

What types of assets do you have? Do you have an amazing investment portfolio, a range of housing properties, or businesses? What about collectible cars, apartment complexes or incredibly valuable figurines? Or, as in the case of many Americans, a home you proudly own? Whatever type of assets you call your own, you stand to benefit from the legal protection of a living trust.

An Illinois living trust is the best way to ensure your most significant property is distributed quickly and easily after your passing. Why create a living trust if you already have a will? A living trust offers quite a few advantages, the biggest and most cost-saving of which is that it allows you, in most states, to avoid probate. Probate is a legal proceeding that the courts use to implement a will and can take anywhere from six months to three years to complete. Not only is time a factor when dealing with probate, frequently your heirs will need to hire a lawyer to get through the court proceedings.

Interested in forming an Illinois living trust? For more information on this money-saving estate planning device, check out LegalZoom's free, online legal library. If a living trust sounds right for your estate planning needs, form one in Illinois today by filling out our easy-to-follow online questionnaire. Let LegalZoom give you the confidence that comes with a future well planned.