Andy Lau practices in the areas of estate planning, estate administration and... more
Andy Lau practices in the areas of estate planning, estate administration and business law. He drafts wills, trusts, and powers of attorney. His practice commonly involves asset protection, probate, real estate, business succession planning, general corporate law, and business transactions, including partnerships and limited liability companies. He also organizes family limited partnerships and... view profile
Licensed in Illinois since, 1991, I believe in providing personalized and responsive... more
Licensed in Illinois since, 1991, I believe in providing personalized and responsive services to all of my clients. Without minimizing your concerns, I will provide you with all available options for resolving your problem and will tailor an approach that fits within your budget and expectations. An experienced litigator, I am not afraid to utlize the court system to resolve any issue, but am a... view profile
A trust is an arrangement whereby someone owns and manages money or property for another person's benefit. Like a guardianship, a trustee has decision-making authority over the trust property, but no court is involved in the trustee's action–the person who creates the trust defines the scope of the trustee's power. There are many different trust types, including probate trusts, income trusts, spendthrift trusts, and educational trusts. For example, a living trust allows you to manage your property while you are alive and to direct who will manage it if you become incapable of doing so. In essence, you choose your own “guardian” in advance and avoid having the court do it for you. A trust attorney reviews the many reasons for establishing a trust with you, and can ensure your trust will be legally valid.