When many people are focused on estate planning, they are merely thinking about the future. They write a will describing which heirs and beneficiaries should get specific assets when they pass away. They will then wait for that day, and the estate executor handles the...
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to Each Client.
Month: December 2021
How age and health issues can lead to probate litigation
Estate planning allows someone to take control over their resources and provide for the needs of their closest family members. Under Illinois state law, most adults have the legal authority to draft estate planning documents. Unfortunately, sometimes those left behind...
3 estate planning steps to take after your divorce
Ending a marriage is never easy. For months or sometimes even years, your divorce may consume all your energy and dominate your thoughts. Reviewing and updating your estate plan is probably the last thing on your mind. Unfortunately, it is risky to put off this task,...
How often should you update your estate plans?
When many people create their estate plans, they often think that there’s nothing left to do. As a result, many estate plans end up collecting dust, figuratively speaking. However, there’s a glaring issue. While an estate plan doesn’t expire, it may need to be...
2 factors that could invalidate a will
A will is a crucial component of any estate plan. This legal document sets out instructions on how your assets should be divided upon your death. In your will, you are also able to nominate legal guardians who can look after your young children should you pass away. ...
What is undue influence in estate planning?
There are numerous estate planning tools that can be used for different purposes. For example, a will can name individuals who you want to inherit your assets upon your death. Trusts can be used for several purposes, such as donating to charity or setting up a college...
Ways to prevent probate disputes among family members
Navigating the aftermath of a loved one's passing can be emotionally draining. When probate becomes a battleground for family members, it can add another layer of heartache to an already difficult time. Probate disputes can stir up tensions, create new rifts and...
Sentimental items may lead to estate disputes
In some cases, it may be fairly easy for heirs to identify how to split up financial assets. For instance, maybe you and your siblings were given a will by your parents. It splits all of their finances up equally, so you each get the same portion. But that doesn’t...
Can you keep your loved ones from having inheritor’s guilt?
No reasonable person creates an estate plan with the intention of making their loved ones feel guilty or undeserving of their inheritance. However, many people do suffer what’s known as “inheritor’s guilt.” Often, this happens when someone receives a large and...
Is it too late to start estate planning?
It's beneficial to begin estate planning at an earlier age. However, if you didn't do so, you can still draft your estate plan documents at an older age. It's almost never too late to create a plan, but your experience may be different. Here is what you should know:...


