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Plain-English articles on estate planning in Illinois.
Illinois Trusts: Revocable vs. Irrevocable
When you’re creating an estate plan, finding ways to reduce the hassle your loved ones experience upon your death and securing your legacy can be tough. But using revocable and irrevocable trusts can help you take control of their inheritance and your final wishes for your assets. While your Illinois estate planning attorney can help
April 11, 2025
Can You Avoid Probate in Illinois?
When you create an estate plan, what’s your main goal? If you’re like most people, it’s to protect your loved ones and to provide a lasting legacy after you pass away. But the probate process can eat into the inheritance that your loved ones receive and may keep your loved ones from inheriting the property
April 11, 2025
The Benefits of Establishing a Living Trust in Illinois
Creating an estate plan is one of the best ways to preserve your interests and keep your loved ones’ well-being in mind. But it can involve far more than just writing a will or choosing a power of attorney. You want to account for your full estate and find ways to make inheriting your estate
March 17, 2025
Understanding Illinois Intestate Succession Laws
You worked hard to acquire the assets you have. That’s why it’s completely understandable that you’d want to leave certain assets to certain people, and to outline your final wishes so your loved ones can honor your memory in an appropriate way. For most people, this means creating a comprehensive estate plan, including a will .
March 17, 2025
What Assets Cannot Be Placed in a Trust in Illinois?
Establishing a trust can be one of the best ways to protect your assets and ensure that the people you want to leave your property to receive the items you want them to. You’re able to clearly outline who receives what as long as the items they’re inheriting are placed in the trust. Unfortunately, not
February 19, 2025
How Much Does a Trust Cost in Illinois?
When you’re looking for a way to take care of your loved ones when you pass away, creating an estate plan is an absolute must. And for many people, establishing a trust can help them more effectively care for their beneficiaries and reduce the risk of costly probate processes eating into the inheritances they want
February 19, 2025
Is a Trust Better Than a Will in Illinois?
If you’re exploring the estate planning process, you’ve likely encountered two tools: wills and trusts. Both of these tools can help you distribute assets to your loved ones and chosen beneficiaries, but they work in different ways. Before you can decide if a trust is better than a will for your situation, it’s helpful to
January 28, 2025
Who Inherits When There Is No Will In Illinois?
Leaving behind a last will and testament is one of the easiest ways to ensure that your final wishes are honored. However, not everyone has a will and that lack of a will can complicate your loved ones’ ability to honor your final wishes over who inherits which parts of your estate. Here’s what your
January 20, 2025
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 27, 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 27, 2024