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May 2018 Archives

Estate planning and administration for terminally ill patients

While every Illinois resident's life, as well as all other lives, must come to an end at some point, it doesn't mean that every person will have his or her estate in order when he or she dies. Some people try to avoid the estate planning and administration process because they don't like to discuss such matters or because they think they have all the time in the world to think about such things. When terminal illness strikes, however, it can add urgency to such issues.  

Trying to avoid probate litigation? These ideas might help

The last thing most Illinois estate owners want is to inadvertently tie their loved ones up in months or years of legal disputes when it comes time to administer their estates. The good news is that it is often possible to avoid probate litigation. Planning ahead and seeking clarification of state laws may be keys to success.  

Probate litigation re Prince's estate resolved

When music legend Prince died, the administration of his estate was anything but smooth sailing. His sudden death from an overdose of a painkiller, fentanyl, shocked and saddened music fans throughout the world and left his family members at odds with several others concerning his estate. Probate litigation regarding streaming rights to some of his songs and other issues has finally been resolved. Illinois residents who find themselves facing protracted probate proceedings can reach out for legal support to help them solve their problems as well.  

Estate planning and administration: designating beneficiaries

It is unlikely that any two Illinois residents will have the exact same estate plans. This is because everyone's needs and goals are unique, and the estate planning and administration process is customizable. Choosing beneficiaries is an integral component of most people's estate planning processes.

Heirs and beneficiaries battling over $60,000 in life insurance

Many adults in Illinois are children or grandchildren of recently deceased elders. Some situations no doubt involve disputes between heirs and beneficiaries. Sadly, such circumstances are not all that uncommon and can be quite challenging to resolve. A woman who is the granddaughter of a recent decedent in another state understands just how difficult it can be as she is fighting several local agencies over $60,000 in life insurance her grandma apparently wanted donated upon her death.  

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