In this episode of Learn About Law we explain how to use estate planning in order to shield certain assets from your creditors, two other vehicles may be useful: (1) #the FamilyLimitedPartnership; and (2) #theIrrevocableTrust.
Read the companion article at:
https://oflaherty-law.com/learn-about-law/using-estate-planning-to-protect-assets-from-creditors
If you are in the Northern Illinois area, and would like to make an appointment with an attorney, we would be happy to help. If you would like to schedule a free consultation or receive paid legal advice, you can go to: https://www.oflaherty-law.com/downers-grove-legal-services-free-consultation
Or call our office directly at (630) 324-6666.
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O'Flaherty Law has convenient offices located in Downers Grove, Elmhurst, Naperville, Tinley Park, St. Charles, and Lake in the Hills, Illinois, serving DuPage County, Will County, Cook County, Lake County and McHenry County. Its attorneys focus on providing quality legal work, above-and-beyond customer service, and affordable rates in the following practice areas: divorce & family law; estate Planning, wills & trusts; probate & estate administration; litigation, civil law & dispute resolution; business representation & corporate law; guardianship, elder law & special needs law; residential & commercial real estate law; immigration; bankruptcy; and DUI law and traffic & criminal defense.
