Estate Planning
in Glencoe, IL.
Make sure the people you love get what you've built.
Estate planning isn't just for the wealthy, it's for anyone who wants to make sure their family is taken care of. Without a plan, Illinois probate courts decide who gets your assets, who takes care of your children, and how your life's work is distributed.
At our firm, we work with families across Chicago's Northern Suburbs to create estate plans that protect your legacy, minimize taxes, avoid probate, and ensure your wishes are honored.
What this looks like in Glencoe.
Estate planning is the cornerstone of financial planning for most Glencoe clients, not a peripheral concern. Bypass trusts, dynasty trusts designed to span multiple generations, charitable remainder trusts funded before appreciated asset sales, and comprehensive beneficiary designation alignment across all accounts are standard components of a Glencoe estate plan. We work closely with North Shore estate attorneys who specialize in Illinois trust and estate law.
The county details.
Illinois's $4 million estate tax exemption is the defining issue in Cook County estate planning, and it catches more families than expect it. A primary residence worth $1.2 million, a $1.5 million investment portfolio, and $500,000 in life insurance already totals $3.2 million, before accounting for retirement accounts. Without specific trust planning, both the federal and Illinois estate tax exemptions may not be fully utilized at the first spouse's death. An AB trust or disclaimer trust design ensures both spouses' Illinois exemptions are captured, potentially protecting up to $8 million from Illinois estate tax.
Why Glencoe.
Glencoe residents often have sophisticated financial needs, including concentrated stock positions, charitable giving strategies, and multi-generational estate planning. Our independent, family-led approach is built around recommendations that fit your family's plan, not a product menu handed down by a brokerage.
Things Glencoe families ask.
Down the shore.
Talk to a Glencoe
advisor.
One free conversation about estate planning, at your kitchen table, our Evanston office, or a video call.