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Family Trust & Wealth Planning

Advanced Planning, Asset Protection, and Business Protection Lawyers

Sean Robertson and Gateville Law Firm are experienced wealth management, estate planning, and asset protection planning attorneys with an expertise in business protection, succession planning, and closely held and family businesses.  Sean Robertson has a significant tax and wealth-related experience and expertise including the following:

  • Estate and Gift Tax Planning;
  • Advanced Wealth and Estate Planning;
  • Federal Income Tax Planning;
  • Corporate, LLC, and Partnership Tax Planning;
  • Wills, Trusts, and Estate Planning;
  • Lawsuit protection and asset protection;
  • Business Protection and Succession Planning;
  • Real Estate Asset Protection and Structure Planning;
  • Series LLCs for Real Estate Owners;
  • S corporation and Partnership tax planning; and
  • Retirement Asset Protection and Estate Planning.

Sean Robertson is a graduate of DePaul University College of Law and the University of Illinois at Urbana-Champaign.  Sean Robertson has over 15 years of legal experience as an attorney at law.  Good clients are clients that have extensive retirement assets, business interests, and real estate holdings.  Sean Robertson and Gateville Law Firm can assist your family plan your assets in a manner that minimizes taxation, maximizes business asset protection, and set up your real estate holdings and investments in a manner that protects your hard-earned real estate assets.  Often, couples own their real estate investments in their person or husband and wife’s names, which place real estate assets in a threatening position.  One lawsuit can threaten your retirement plan and goals.

Family Trust, Wealth Management, and Estate Planning Lawyers

Living Trust and estate planning are critical especially when families are blended and consist of stepchildren and stepparents.  Estate planning challenges are likely in blended families.  Blended families lack trust and a solid plan to avoid estate-related conflicts upon a disability or death.  Unlike Last Wills and Testaments, Living Trust provides flexibility and powerful estate planning solutions that avoid probate court.  Probate court creates expensive estate conflicts, costs thousands of dollars in attorney’s fees and court costs among other things.  Sean Robertson understands how to eliminate or reduce estate planning and family conflicts and set up your estate planning to serve your family’s interests.

Second, many families have children and relatives that have Special Needs.  Special Needs Trust are increasingly common and adults who are disabled or who are qualified for Medicaid cannot inherit assets without threatening their public assistance benefits.  Sean Robertson and Gateville Law Firm have expertise in structuring special needs, estate planning and family trust to minimize family conflicts.

Divorce and In-Law Inheritance Concerns

Many baby boomers and elderly are concerned that their hard-earned money will go to their in-laws.  Divorces are rising and child custody lawsuits threaten a couple’s goals when it comes to their children and grandchildren.  Sean Robertson has significant divorce and child custody experience coupled with his estate planning and asset protection legal expertise.  Now, incentive trust and other family trust legal instruments enable families to better protect their family and transfer their assets from generation to generation.  One of the benefits of a Living Trust is the spendthrift provision, which protects a beneficiary’s inheritance from creditor concerns such as a divorcing spouse.

Another benefit of estate planning is the ability to contingency plan, which most families fail to understand and plan for.  Often, we hear that families have lost a loved one or a loved one has developed a disability or memory issue.  Most family’s estate plans lack the flexibility required to properly plan for one’s estate.

Business Protection and Asset Protection Attorneys for Family-Businesses and Closely Held Business Owners

Sean Robertson and Gateville Law Firm have extensive expertise and experience working with family-owned and closely-held business owners including small business owners.  Sean Robertson is a business person and entrepreneur and understands how a business interest and estate planning goals intersect with one another.  Understanding S corporations, partnerships, and LLCs are critical.

Real estate investments and businesses have complex assets, which require unique understanding and simplified but qualified expertise.  Sean Robertson uses a lot of private land trusts, operating agreements, and family trust to provide a smooth transition upon a disability or death.  Often, business owners have failed to properly prepare a transition plan until a business owner is faced with a significant illness.  Having proper powers of attorneys such as powers of attorneys for financial and healthcare matters.

Real Estate Investments and Estate Planning Attorneys

Many families have paid off real estate properties where they own real estate assets in their personal names or husband and wife’s names.  This asset structure is vulnerable to lawsuits and creditor’s concerns.  Sean Robertson has expertise in estate planning, real estate law, and asset protection.  Sean Robertson has significant liability and lawsuit protection expertise.  Using Series LLCs and other asset protection structures couples with land trust maximize asset protection.  Series LLCs and business interests must be coupled with family or individual trust that creates a smooth process upon a death or incapacity.

RETIREMENT PLAN TRUST LAWYERS

Sean Robertson and Gateville Law Firm have a lot of expertise working with estate planning, retirement plan assets, closely-held business and real estate investment assets.  Often, a family’s most significant assets are retirement assets such as 401(k), IRAs, and other financial assets.  Retirement assets create a dilemma because living trust are not recommended to be the beneficiary of retirement assets.  Thus, planning solutions for retirement assets have mostly been limited to naming individuals as the beneficiaries of retirement plans.

Retirement Plan Trust or otherwise known as “IRA Inheritance Trust” provide excellent estate planning and retirement planning goals for retirement assets.  There are strict rules when it comes to inheritance retirement accounts.  Often, loved ones decrease or have nursing home or Medicaid concerns that threaten a family’s retirement assets.  A well-planned Living Trust plans for this event coupled with a retirement plan trust.  Protecting one’s assets against liability concerns such as nursing home costs and other issues are critical to families.

There are two (2) major benefits of Retirement Plan Trust.  The first major benefit is the ability to shelter one’s inherited retirement assets from creditor or liability concerns.  Often, I talk with couples that are concerned that their spouse’s decline in health and assets will go to the nursing home.  Nursing home and assisted living centers are costly and deplete own’s personal and family assets.  Inherited retirement assets do not have creditor protection for beneficiaries.  A Retirement Plan Trust has a spendthrift provision, which enables it to protect beneficiaries and their families from creditor concerns.  Inherited retirement assets do not enjoy the liability protections of qualified retirement plans originally owned by the creator of the 401(k) or IRA.

The second benefit of a Retirement Plan Trust or IRA Inheritance Trust is tax deferral.  The ability to stretch retirement assets saves thousands of dollars in taxes which are deferred.  The basic premise of retirement assets is sheltering those assets from income taxation until a later date.  Minimum distribution rules are complex and inheritances received by children and grandchildren lack the experience and ability to properly manage their financial assets.  Often, a trustee has significant financial planning and retirement trust planning expertise which help families and protect beneficiaries and their inheritances.

EXPERIENCED NAPERVILLE, AURORA, LISLE, AND WINFIELD ESTATE PLANNING AND WEALTH MANAGEMENT ATTORNEYS

Sean Robertson and Gateville Family Law are experienced estate planning, asset protection, and wealth management attorneys for family-owned businesses, family wealth, and real estate assets.  Sean Robertson has extensive experience in the following areas:

  • Estate, Gift, and Tax Planning:
  • Business protection and family-succession planning;
  • Real Estate Structure and Series LLCs for Real Estate Investments;
  • Retirement Planning expertise;
  • Living Trust and Family Trust Planning;
  • Blended family and estate planning simplification strategies.

Gateville Law Firm and Sean Robertson are experienced estate planning, wealth accumulation and protection experience, and asset protection for high net worth families and business owners.  Sean Robertson is a graduate of DePaul University College of Law and University of Illinois at Urbana-Champaign.  Sean Robertson is passionate about helping families and providing cost-effective and simplistic solutions to help your families planning and estate planning goals.  Gateville Law Firm may be reached at 630-780-1034 or via the online contact form.

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1905 Marketview Drive Suite 268
Yorkville, Illinois 60560