Donald Hyun Kiolbassa
Attorney At Law, Ltd

donald-hyun-kiolbassa attorney-at-law

Donald Hyun Kiolbassa, Attorney At Law, Ltd.

Donald Kiolbassa, J.D., C.P.A.

203 North LaSalle Street, Suite 2100, Chicago, IL 60601

Telephone (773)744-9567   •   Fax (773)304-2257

Changing Lives One Family at a Time

Estate Planning: Wills, Trusts, and Probate

Be prepared for unexpected life events with Estate Planning

Whether you just had a newborn baby or are planning for an elderly spouse or parent, it is important to plan for finances of loved ones.

There are 3 major sets of documents to consider in an Estate Plan:

  • Will

    Generally speaking, a Will handles the administration of your Estate.

    This includes items such as Guardianship over your children, Burial requests, and Distribution of Assets through the process of Probate.
  • Trust

    Loosely speaking a Trust is a vehicle that handles the distribution of assets.

    Sometimes giving assets to loved ones is not as easy as you may think. For example, you may want to make sure that distributions of your Estate to your children happen at certain times and events to ensure that your children are ready for the responsibility of the asset.
  • Power of Attorney

    A Power of Attorney is giving someone else the power to sign or make a decision on your behalf. Most people have 2 Power of Attorneys.
    • Property:
      This allows someone to sign or make certain financial decisions for you if you are not available or competent.
    • Healthcare:
      This allows someone to sign or make certain health decisions for you if you are not available or competent.

Let us help you with your estate planning!