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    Home ::: Illinois ::: Park Ridge ::: Estate Planning - Administration

    Estate Planning - Administration in Park Ridge


    Below is a list of businesses listed within our directory. If you do not see your business within the list below, you can submit it for addition to this list. Adding your business will feature your listing above Standard listings.
       
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    Business Listing   Brown- Marc L. Attorney - Park Ridge, IL - Phone: (847) 825-1900


    Business Listing   Ferraro- Francis J.- IV Attorney - Park Ridge, IL - Phone: (847) 698-9600


    Business Listing   Haley William H Attorney - Park Ridge, IL - Phone: (847) 384-8202


    Business Listing   Hansen Thomas J Limited - Park Ridge, IL - Phone: (847) 292-1800


    Business Listing   Harth Charles C - Park Ridge, IL - Phone: (847) 696-0774


    Business Listing   Owens- Denis J. Attorney - Park Ridge, IL - Phone: (847) 825-2128


    Business Listing   Pembroke- Bielski and Associates- LLC - Park Ridge, IL - Phone: (847) 696-0060


    Business Listing   Raysa- William G. Attorney - Park Ridge, IL - Phone: (847) 268-8600


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    Helpful Definition for: Estate Planning - Administration


    Estate planning in Park Ridge is the attempt of eliminating confusions over the administration of a probate, optimizing the value of estate and arranging for its safe disposal. It is basically the process of transferring or distributing the assets, including the real & personal properties of the owner to the legal heirs in case of disability or death.

    Beneficiary designations, trusts, property ownership, powers of appointment, gift, powers of attorney, living will, partition & specific final arrangements such as whether to be buried or cremated, etc., constitute the major devices of estate planning during lifetime. For post-death estate planning- will, succession & life insurance are the effective tools.

    The main objectives of estate planning in Park Ridge are- tax-effective transfer of asset to beneficiaries, pre-decided time of distribution, selection of guardian, trustee or the executor and business succession.

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