Welcome to our Hinsdale, Illinois Estate Planning and Small Business Law Blog

4 reasons young professionals need to plan their estates

It is a deeply rewarding and satisfying feeling to achieve your goals. Landing a new job, securing a promotion, making a down payment on your dream home; these are things that most people can only day dream about.

After you get a proper foothold on your future, it’s important to consider estate planning – as we've mentioned before. There is more to planning your estate than asset distribution and your medical wishes, though, especially if you’re a young professional.

Our Commitment to Expertise, Transparency, and Accessibility

Our commitmentAt Russo Law Offices, we pride ourselves on excellent service. Here are the fundamentals of our business:

Big Firm Experience, Small Firm Expertise

At Russo Law Offices, we specialize in estate planning. Instead of dabbling in a variety of practice areas, we provide effective, efficient, and current estate plans. Our practice is dedicated to estate planning and related specialty matters. With over a decade of experience in large city firms and boutique estate planning firms, you can expect big-firm service in a small-firm atmosphere. We pay special attention to detail and care about each individual person we work with. We put your needs first.

The Basic Components of a Comprehensive Estate Plan

Although historically estate planning mainly consisted of handling property distributions after your death, that only illustrates part of what a thorough estate plan accomplishes. Having an estate plan ensures that wishes regarding your end of life care and property distributions are known. Essentially an estate plan is a road map for your loved ones that expresses your final wishes.

Asset distribution

Can You Future-Proof your Business?

small businessLike most business partners, they were friends sharing a common interest. In the beginning, they made spice blends and gave them as homemade gifts to friends. After wondering if there may be a larger opportunity to sell into the retail market, they created a business plan and unique packaging. The first retail chain buyer liked the samples and placed a $10,000 order. Continuing to grow, they got past the inevitable downs that come with the ups, and 20 years later are doing well.

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