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Plain-English articles on estate planning in Illinois.
What Happens to Your Digital Assets like Social Media and Crypto Accounts When You Die?
Most Illinois residents have an estate plan for a house, a bank account, or a life insurance policy, but few have planned for what happens to their Venmo balance, a cryptocurrency wallet, or a Facebook profile when they die. These digital assets can be difficult or impossible for loved ones to access and may therefore
July 25, 2026
How Real Estate Investors in Illinois Should Structure Ownership for Asset Protection
Owning rental or investment property carries real risk. If a tenant is injured, a dispute brews with a contractor, or a debt tied to one building goes unpaid, your personal assets, including your home, savings, and other investments, could be exposed if the property is titled in your name. An experienced business attorney can advise
July 13, 2026
If You’re Sued Tomorrow, What’s at Risk in Your Checking Account?
Notification of a lawsuit usually comes in the mail, causing serious concern about your assets. However, there’s no need to overreact, because a lawsuit doesn’t put your checking account in danger. An experienced attorney will tell you that creditors can’t freeze your accounts just because you’re named in a lawsuit. In fact, they will explain
June 27, 2026
What Happens If You Wait Too Long for Asset Protection Planning?
Asset protection planning is something many people put off because they believe it’s too soon to construct a legal fence around their assets, shielding property, accounts, and investments from claims. Waiting can be costly, exposing hard-earned assets to loss through liability lawsuits and claw back provisions in Medicaid. An experienced estate planning attorney can show
May 28, 2026
How to Protect Your Assets from Lawsuits Before It’s Too Late
Lawsuits are a regular part of life across the U.S. and one can be lodged against you without warning. If you’re not prepared, a lawsuit can expose your assets after being found at-fault in a car accident, a business dispute, or a slip-and-fall accident at a rental property you own. Don’t risk your savings, your
April 16, 2026
What assets go through probate in Illinois?
Probate is the legal process to settle an estate after the owner dies. All estates worth $100,000 or more are probated unless accounts meet certain standards or everything belonging to the owner is covered by a trust. Through the probate process, a person’s property is accounted for and distributed to their heirs. It is a
June 10, 2025