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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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