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…
As a millennial, you are contributing to the workforce in a major way and are making positive changes in the world around you. We understand that your concerns may differ from someone of a different generation, and we are here to help you craft an estate plan that protects your future and addresses the things…
When people create estate plans, establishing a plan for what happens to their homes if they pass away is essential. Many choose to let a loved one inherit the property and give them the full freedom they need to decide what to do with the home once ownership transfers to them. If you’ve recently inherited…
When you’re young, the future feels like it’s filled with endless possibilities. This leads many younger adults to believe that they have plenty of time to plan for changes in their health or to provide clear direction for how their assets should be managed when they pass away. While estate planning is often viewed as…
When you pass away, the state will look to your will and your estate plan to determine who inherits which parts of your estate. That’s why creating a will and having a functioning estate plan in place is so important. Without it, the state is left to determine who receives which assets based on the…
Figuring out who inherits which parts of your estate is a key component of estate planning. And while your Illinois estate planning lawyer can help you create a plan that clearly outlines your wishes, it’s still helpful if you understand the ins and outs of the state’s rules before you start. This way, you’ll have…
Selling your home can be a long and complicated process. And while your real estate agent may be able to help you manage your listing and set a fair asking price, they’re not the only professional you’ll want to have on your side. Many homeowners can benefit from working with an experienced Illinois real estate…
Sitting down to create or update your estate plan can be overwhelming. Crucial to a successful plan is your ability to address two major questions: Who will get your stuff when you die, and how do you want those individuals or charities to receive that stuff? Ways to Give Away Your Money and Property Outright…
Estate planning attorneys and probate and trust administration attorneys play crucial but distinct roles in the legal processes involving legacy planning, asset distribution, and wealth preservation. Estate planning attorneys focus on creating a plan to manage a person’s money, property, and affairs upon their death or if they are unable to manage it themselves. Probate…
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