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Estate planning insights and legal resources.
Should You Put Your House in a Trust in Illinois?
Planning for your loved ones’ futures is a simple way to leave a lasting legacy, and the best way to do that is to create a comprehensive estate plan. These plans can go beyond simple wills and power of attorney designations. They can also include trusts designed to simplify the inheritance process, which can be
December 12, 2024
How Much Does Estate Planning Cost in Illinois?
Creating an estate plan is one of the best ways to ensure that your final wishes are honored by your loved ones and the state. It’s designed to help individuals from all walks of life and with all types of assets preserve their legacy. However, many people feel that estate planning is too expensive or
December 12, 2024
4 Essential Tips for Estate Planning for Singles
Most people assume that they only need an estate plan when they have a spouse or children. This leaves many single people under the impression that estate planning isn’t necessary or is just a waste of time since their estates are typically less complicated. Nothing could be further from the truth. Estate plans are just
November 28, 2024
How Do You Interview an Estate Planning Attorney?
Creating an estate plan is a great way to ensure that your final wishes are honored, and your estate is managed the way you want it to be when you’re no longer able to oversee the process. While you can create an estate plan on your own, doing so isn’t the best option. Instead, you’ll
November 28, 2024
What Is a Power of Attorney (POA) and How Do You Establish One?
When you think of creating an estate plan, you likely imagine writing a will or outlining your final wishes. While these tasks are certainly important and beneficial, they’re not the only thing your estate plan should include. You’ll also want to create provisions for a power of attorney (POA) to manage your affairs if you’re
October 22, 2024
The Basics of Estate Planning in Illinois: What You Need to Know
One of the best ways to keep your family safe and to provide for your loved ones, in the long run, is to create a comprehensive estate plan. This plan is much more than a will. It outlines exactly how you want your entire estate managed after you pass away or become incapacitated and unable
October 15, 2024
How to Choose a Guardian for Your Child
Part of your estate planning efforts should always involve looking out for those you love. If you have children, one of the most important steps you can take is to appoint a guardian to care for them if you’re unable to do so. But before you can tell your Illinois estate planning attorney to include
September 10, 2024
What Are the 7 Steps in the Estate Planning Process?
Creating an estate plan is a great way to secure your legacy and provide for your loved ones when you’re unable to do so. But if you’ve never created one, the process can easily feel overwhelming. Understanding the steps you’ll need to take before you meet with your Illinois estate planning attorney can help you
September 10, 2024
Understanding the Illinois Estate Tax – What It Means for Your Estate
You want to create the most favorable conditions for your loved ones when you pass away, and for most, that means creating a detailed estate plan that outlines their wishes and leaves nothing up to chance. While your Illinois estate planning attorney can help you do just that, your estate may have to pay certain
August 8, 2024
What Are the Rules for Estate Planning in Illinois?
Your estate plan is a comprehensive outline of how you want your assets managed or distributed, who you want to care for your minor children, and who you want to handle important decisions if you’re unable to make them yourself. With so much on the line, it should come as no surprise that there are
August 8, 2024
What Happens if You Don’t Have Power of Attorney
Estate plans are comprehensive documents that provide clear direction for your loved ones and the court if you pass away or are unable to make informed decisions. These plans include provisions for what happens to your money, your assets, your children, and other aspects of your estate if you’re no longer able to manage them
July 31, 2024
The Role of Estate Planning in Illinois Retirement Planning
When you think about your retirement plan, what do you focus on? If you’re like most, you think about your retirement accounts and your investment portfolio. Why? Because those plans hold many assets designed to help you live the life you want when you’re no longer working. While your retirement accounts are certainly important, they’re
July 18, 2024