Building a plan to transfer your assets to those you love takes time and attention, especially if you anticipate family conflicts around the process. Unfortunately, transferring property within a family can lead to major disputes, draining away resources while the...
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to Each Client.
Month: January 2020
Heirs and beneficiaries: What if legal obstacles arise?
Losing a loved one is a sorrowful event many people in Illinois and across the country will experience this year. Thousands of people will learn that they have been named as heirs and beneficiaries in an estate plan. In some situations, the administration of a...
Attention, millennials: Stop delaying estate planning
In Illinois and everywhere else, financial analysts predict that more than $60 trillion of wealth will be transferred posthumously within the next 25 years. Many millennials will be among those who inherit some of this wealth. This is reason enough for those in this...
Is estate planning one of your 2020 goals?
When a new year unfolds, it is not uncommon for people in Illinois and elsewhere to want to become more organized, get their affairs in order, and set numerous financial or personal goals for themselves and their families. Many people include estate planning as a top...
3 mistakes you shouldn’t make in your estate plan
Estate plans are meant to protect you and your assets while setting up instructions for who is going to get what after you pass away. Before you get things set up, you must consider your goals and the options available to make them happen.As you're working through it...
Probate litigation: Tom Petty’s loved ones at odds
When former rock music icon Tom Petty died of an accidental drug overdose at age 66, it not only sent a ripple of grief among his fans in Illinois and throughout the world, it also sparked contention between his loved ones. The situation prompted probate litigation...
Family members are the most common estate executors. Is it wise?
Part of doing estate planning involves picking an executor for the estate plan. This person essentially carries out that plan and takes care of everything that needs to happen. For instance, they may have to pay taxes, take stock of the assets, distribute money to the...


