In Illinois, a revocable living trust is generally recommended for anyone who owns real estate or has assets exceeding $100,000. Unlike a will, a trust avoids Illinois probate (which can take 6-18 months and is a public proceeding), provides incapacity planning, and gives you more control over when and how assets are distributed.
This answer is provided for general informational purposes only and does not constitute financial advice. Every family’s situation is different. For personalized guidance, schedule a free consultation with our team.
Book a Free Consultation