Schottler & Assoc

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Categories: Divorce Attorneys, Attorneys, Bankruptcy Law Attorneys, Child Custody Attorneys, Family Law Attorneys, General Practice Attorneys, Real Estate Attorneys, Wills, Trusts & Estate Planning Attorneys

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Phone: (815) 740-6100

Address: 71 N Ottawa St, Joliet, IL 60432

Schottler & Assoc

Family Law

Divorce
Child Support
Guardianship
An estate planning attorney can help you identify your needs as they pertain to living wills & final wills, various powers of attorney, trusts(including living trusts), bonds & investments, social security, guardianship, income & estate tax planning, funerary arrangements, and more. If you have questions about setting up an estate plan, get in touch with an estate planning attorney Chicago based at Schottler & Associates. Learn more about estate planning here.
Spousal Support

Property Law

Real Estate Litigation
Land trusts dictate how real estate is handled and passed to beneficiaries. If you’re a property owner, it could be beneficial for you to set up a land trust that is specifically tailored to your circumstances. Setting up a land trust, like other forms of trusts, can keep property out of probate. If you live in Riverside, IL consider hiring our lawyers to help you create and manage your land trust. You can find out more about our real estate law services here.
Real Estate Transactions
When selling your home, there are so many things to consider. With such a big purchase can come many opportunities for error. Hiring a real estate attorney can provide you with the expertise you need to make informed decisions during the selling process. Many sellers are hurt by holes in their sell agreements. An experienced real estate attorney can draft and finalize documents that will protect you, the seller, completely. An attorney will also be up to date on all laws and regulations in the state of Illinois in regard to real estate sales and foreclosures.

Trusts and Estates

Estate Planning
For some, the topic of estate planning can seem grim; perhaps that’s why 51% of Americans between the ages of 55 and 64 don’t have an estate plan. The truth is, everyone has an estate, and that means everyone ought to have a regularly updated estate plan. While this is most important for anyone getting ready to retire, it’s still important to people of all ages because one never knows when they will become incapacitated by illness or injury, and certainly no one knows when they will die. Many people underestimate just how many areas are handled by this sort of planning, from guardians for dependents and funeral plans to the transfer of business, and as a result, those choices are left up to probate court.
Wills
Setting up a will is so important, especially because you cannot anticipate when one will die or become incapacitated. Taking the appropriate measures to ensure your affairs are in order is often overlooked. 40% of Americans over 45 have not set up a will. Make time to set up a will and help your loved ones in the unfortunate event of your passing. Setting up a last will and testament will make certain your assets are distributed in the way you envisioned.
Trusts
A living trust is, quite simply, an arrangement made while you are alive that holds ownership of property and other assets on behalf of someone else. This kind of property may be real estate, stock, bonds, brokerage accounts not held in TOD, precious metals, antiques, heirlooms, special collections, works of art, and small business interests and shares. It can even control less tangible assets, including patents, copyrights, and digital property. Property can be added or removed from the trust at any time, presuming the correct paperwork is filed. However, the biggest benefit of a living trust is the fact that it allows you to avoid probate, which, as mentioned above, is lengthy and public. It can also result in a hefty set of fees, which can eat up about 5% of the property being processed by the court. Other benefits offered by a living trust include...
Power of Attorney
There are two types of wills that ought to be discussed. First, the living will is what outlines what ought to be done when you become physically or psychologically incapacitated, whether it’s by injury or illness. This type of will identifies who has power of attorney for medical and financial situations, and it’s important because if you don’t have a living will in place, these decisions may be left up to estranged or incapable family members, medical personnel, or the courts.
Probate
Schottler & Associates has extensive experience in Probate Law. We pride ourselves on being able to educate our Chicagoland clients and walk them through the often complex process of probate. We understand that each case is unique and requires a personalized approach. Some cases are more drawn out than others.

Finance Law

Bankruptcy
While in some situations you may be able to file without an attorney, we don’t recommend it. That’s not just because we’re a bankruptcy firm! The forms and fine print associated with bankruptcies can be a mire at the best of times, and you may accidentally give away rights and properties that you don’t need to because you don’t specialize in bankruptcy law. Don’t make the decision to represent yourself lightly.
Foreclosure
As a proceeding governed by federal law, bankruptcy gives you a legal way to find a fresh start financially. It can help you stop wage garnishment, stop foreclosure or repossession of certain properties, and reverse or prevent utilities termination. It also gives you a means to challenge the debts from fraudulent or overreaching creditors.
Tax Law

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