You've put a lot of effort, energy and time into building a successful business, and you want to make sure that you have a proper succession plan in place. You want the business to keep on thriving long after you're gone. But where do you even start? It's difficult to...
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LAKE FOREST ILLINOIS TRUSTS AND ESTATES LAW BLOG
A spendthrift trust: an essential tool in estate planning
Protecting your assets remains a priority in estate planning. You want your heirs to reap from the benefits provided by your large estate and the abundant assets available. However, you do have some concerns related to one of your adult children. Why? Because he is...
3 reasons you may need to challenge a trustee’s position
Whether the goal is to provide for multiple generations or arrange for remaining assets to go to a charity, a trust can be a valuable tool. Unfortunately, sometimes the person creating the trust doesn't do a good job of selecting their trustee. Picking the wrong...
Did you receive a sudden windfall? Consider your wealth preservation options!
Did you recently win the lottery or receive a significant personal injury settlement or lump-sum payment for your business? Going from earning an average income to possessing substantial wealth sounds fantastic, but it could also be a recipe for disaster in terms of...
Attorney recognition is an honor for Lesser Lutrey Pasquesi & Howe, LLP
In both our Chicago and Lake Forest offices, the law firm of Lesser Lutrey Pasquesi & Howe, LLP is committed to helping you shape, preserve and share the legacy you worked so hard to develop. We value the trust of our community members and colleagues. Therefore,...
3 factors often missed in an estate plan
A comprehensive estate plan can include several documents and countless instructions. Individuals will attempt to clearly dictate who gets what while preventing unnecessary emotional disputes between surviving loved ones. Unfortunately, when detailing numerous...
