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January 2019 Archives

Probate litigation and murder accusations intersect

A young man in another state says that legal problems surrounding an inheritance that is due to him have taken up the last five years of his life. He has reportedly survived a harrowing experience as well, when he and his mother were on a fishing trip a few years back and his boat sunk, leaving his mother lost at sea. That incident and the death of the man's grandfather have become intertwined in accusations against him, claiming he caused both deaths in order to gain millions of dollars in inheritance. Those accusations are now a central focus of probate litigation proceedings.

My heirs are bad with money: What should I do?

If you have worked your entire life to amass a considerable estate, you are, no doubt, proud of the legacy that you will leave behind to your loved ones. But what if your loved ones are horrible at managing money. As much as you adore them, their gifts and skills do not fall within the realm of asset management. You don't judge them for this, but you want to protect them from themselves. What should you do?

Do your research before entering estate planning process

Many Illinois residents understand the importance of protecting their assets and providing for their loved ones in the event of their own deaths. However, some jump into the estate planning process without any basic knowledge or guidance as to what state regulations are or how certain documents may work for or against them regarding their particular estate needs and goals. There are numerous mistakes that are quite common that those considering executing an estate plan will want to avoid.

Understanding probate litigation and how to avoid it

If an Illinois resident names you as executor of his or her estate, you'll want to learn as much ahead of time about the estate administration to help you avoid problems when the time comes to carry out your duties. A high priority for most executors is knowing how to avoid probate litigation, which can be a complicated, time-consuming, stressful process. In this state, all probate matters are handled in the circuit court of the county where the decedent in question resided at the time of his or her death.

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