You've been looking for a way to manage your assets. You want to reduce the value of your estate and make it easier to pass on assets to your heirs and beneficiaries in the future. You want to shield your assets against creditors and prevent taxation.It sounds like...
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Month: April 2020
Estate planning tips Illinois residents should keep in mind
Some people simply do not like to discuss their own mortality. Others see it as just a part of life. Whichever side of the topic a person's opinions fall on, one thing in life is certain -- everyone dies at some point. Illinois residents who want to protect their...
Incident sparks change in beneficiaries in woman’s estate plan
When an Illinois resident executes an estate plan, it may not be enough to sign off on the documents and then be done with it. To the contrary, it is important to periodically review one's plan, especially if life changes prompt a need to update an existing plan. A...
Don’t let sibling rivalry affect your estate after death
Sibling rivalry is a real problem in some families. No matter what their parents do, siblings will sometimes feel that they're treated unfairly.As you prepare your estate, it's important to consider the potential for your children to have that rivalry after you pass...
Probate litigation: Things Illinois heirs should know
Every Illinois state must pass through a probate process when an estate owner dies. Most estates are uncontested. During probate, the assets of the estate owner are collected. Taxes and debts must be paid, and remaining property distributed among heirs and...
Estate planning: Issues for Illinois elders to consider
Many elders in Illinois and beyond are trying to live as high quality a life as possible, some despite increased health concerns. It is not uncommon, however, for older people to want to avoid considering the possibility that they might one day become incapacitated...
Plan now for your end-of-life health care
Many people know they should establish a will to outline who is going to get their assets when they pass away, but this isn't the only type of planning they need to do. Making plans for end-of-life medical decisions is another important duty that you have.When you set...


