Magnolia Law LLC

Magnolia Law LLC Magnolia Law LLC offers estate planning, real estate and business legal services.

We create wills, trusts, powers of attorney, incorporate and organize new businesses, and serve as your attorney for residential real estate purchases and sales. Magnolia Law LLC is a premier estate planning, real estate and business law firm in Chicagoland area. We create personalized wills, trusts, healthcare & durable powers of attorney, guardianship nominations, and other documents to ensure p

eace of mind during lifetime and after death. The law firm also represents individuals and businesses in purchase and sale of residential real estate, including contract review, negotiation, and representation at closing. Additionally, we prepare and record quit claim deeds to transfer real estate ownership and add or remove a title holder. In the business law practice, we opens new corporations and LLCs, prepare operating agreements, and assist with reporting obligations under Corporate Transparency Act.

Responsible practice of law requires attorneys to be lifelong learners. Rules, laws, and best practices evolve, and stay...
04/30/2026

Responsible practice of law requires attorneys to be lifelong learners. Rules, laws, and best practices evolve, and staying current ensures we continue providing the highest level of guidance for our clients and their families. Just as valuable is the opportunity to connect with like-minded professionals, exchanging ideas and insights that strengthen our practice. Attending Elder Law conference focusing on Supplemental Needs Trusts and Medicaid Asset Protection Trusts alongside Izabela Czajkowska of Otte and Czajkowska LLC, an outstanding local probate and estate planning attorney, made the experience even more meaningful. Such connections help create synergy that benefits the clients we serve.

April is National Elder Law Month and a good reminder that the estate planning needs of elderly clients may be different...
04/29/2026

April is National Elder Law Month and a good reminder that the estate planning needs of elderly clients may be different from other individuals. The median cost of private-pay nursing home care is projected to reach $11,122 in 2026, and individuals may need to rely on their available assets to cover these expenses. Those who meet their state’s Medicaid eligibility requirements and require long-term care may qualify for financial assistance. As a best practice, individuals should begin proactive planning at least five years before needing long-term care services to help preserve assets. Because this type of planning is highly specialized, it should be approached on a case-by-case basis, and guidance from a knowledgeable professional is essential.

Estate planning isn’t just about protecting what you’ve earned, it’s fundamentally about taking care of yourself. We spe...
04/18/2026

Estate planning isn’t just about protecting what you’ve earned, it’s fundamentally about taking care of yourself. We spend our lives making decisions for the people we love, and creating an estate plan is a natural extension of that care. The plan ensures that, if you’re ever unable to speak for yourself, the people you trust can step in to manage your well-being and your assets according to your wishes.
• Who would make medical decisions for you if you couldn’t?
• What happens to your home if something unexpected occurs?
• Are minor children protected with a designated guardian?
• Will your loved ones face unnecessary legal hurdles during an already difficult time?
Without a plan in place, those decisions may be left to the courts. If you’ve been putting off the planning, consider this your reminder: caring for your future is an essential part of caring for yourself.

Did you know? A lesser-known, but very practical, provision in a living trust is the ability to include “holdback” prot...
04/18/2026

Did you know? A lesser-known, but very practical, provision in a living trust is the ability to include “holdback” protections. This allows a trustee to temporarily delay or limit distributions if a beneficiary is going through a difficult time, such as a divorce, bankruptcy/creditor issues, or another period of financial instability. For example, if a beneficiary is in the middle of a lawsuit or going through a divorce, the trustee can hold assets in trust until those matters are resolved, rather than distributing funds that could be lost to a judgment or division of assets with the former spouse. Contrast that with a will, or no plan at all, where distributions are often made outright, with little flexibility to adjust for timing or circumstances, leaving our loved ones and our assets vulnerable. This, and many other provisions of a trust, add flexibility and protection when it matters most.

A difficult part of estate planning is learning of a client’s passing. There is some consolation in knowing we prepared ...
04/18/2026

A difficult part of estate planning is learning of a client’s passing. There is some consolation in knowing we prepared for that moment by putting a complete plan in place, with legal and financial protections ready when they are needed. It is never easy, and we feel a sense of loss each time. We honor their memory and are grateful we had the opportunity to cross paths.
The work of estate planning attorneys is both deeply rewarding and, at times, heartbreaking, as we walk alongside our clients through meaningful moments in their lives.

Our estate planning practice guides families through some of life’s most emotional and financially significant decisions...
02/27/2026

Our estate planning practice guides families through some of life’s most emotional and financially significant decisions. Because laws and planning strategies continually evolve, staying current is essential to providing thoughtful and accurate advice. Today we attended an estate planning education program focused on advanced trust strategies and taxation. Grateful for the opportunity to keep learning - because our clients deserve nothing less.

Estate planning practice is a helping profession - assisting clients during emotionally challenging moments. Recently, ...
02/10/2026

Estate planning practice is a helping profession - assisting clients during emotionally challenging moments. Recently, we received these kind words, which filled our hearts with gratitude. When practiced responsibly, the law has the ability to allow individuals and families move forward with compassionate guidance during difficult times.

Planning ahead makes a meaningful difference, saving time and money while easing the emotional load for the loved ones l...
02/04/2026

Planning ahead makes a meaningful difference, saving time and money while easing the emotional load for the loved ones left behind.

Many people believe a Will avoids probate. It doesn’t. A Will tells the court what you want, but the court is still ve...
01/21/2026

Many people believe a Will avoids probate. It doesn’t. A Will tells the court what you want, but the court is still very much involved. Through a legal proceeding, the judge needs to confirm the will’s validity, appoints the executor, and decides how the assets will be distributed. A properly funded Trust, on the other hand, will help your family avoid delays, extra costs, and lengthy court proceedings. Estate planning is about making things easier, cheaper, and more efficient for the people you love, with solutions that make sense long-term.

Why is a trust agreement so lengthy? Because it includes many helpful provisions designed to cover a variety of “just i...
09/30/2025

Why is a trust agreement so lengthy? Because it includes many helpful provisions designed to cover a variety of “just in case” situations. For example, a well-drafted trust often contains a special needs provision that allows you to leave assets to a loved one with - or who may develop - a disability without jeopardizing their eligibility for government benefits like Medicaid or SSI.
Instead of giving money directly, the trust can pay for supplemental needs such as therapies, transportation, housing support, or personal care, while ensuring your loved one continues to receive essential public assistance. This provision provides families with peace of mind, knowing their loved ones will be supported financially and medically without unintended consequences, and is a crucial planning tool for anyone who wants to protect a vulnerable beneficiary.

Did you know? Illinois has an estate tax exemption of $4 million per person. This means that if you die with assets valu...
09/07/2025

Did you know? Illinois has an estate tax exemption of $4 million per person. This means that if you die with assets valued at $4 million or less (including real estate, investments, retirement accounts, business interests, and other assets) your estate generally will not be subject to Illinois estate tax.

While most estates will fall below this threshold, thoughtful planning is necessary to provide valuable peace of mind. A good plan will allow you to designate trusted individuals through Powers of Attorney to handle medical, financial, and legal decisions if you become unable to do so yourself, name a guardian for your minor children, and much more. After your passing, it will reduce the potential for family conflict, while ensuring that assets are distributed privately, promptly, and cost-effectively to the designated beneficiaries.

Address

2860 S. River Road , Suite 220
Des Plaines, IL
60018

Opening Hours

Monday 9am - 6pm
Tuesday 9am - 6pm
Wednesday 9am - 6pm
Thursday 9am - 6pm
Friday 9am - 6pm
Saturday 9am - 2pm

Telephone

+13122128292

Website

Alerts

Be the first to know and let us send you an email when Magnolia Law LLC posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Practice

Send a message to Magnolia Law LLC:

Shortcuts

Share

Category