Month: June 2024

A no-contest clause essentially means that beneficiaries are not allowed to challenge an estate plan. If they do, then they don’t get an inheritance. For example, say that there are two beneficiaries, one who receives $100,000 and another who receives $500,000. The...

When life throws curveballs, ensuring that your estate plan reflects any significant changes can help your arrangements function properly. A divorce is one life event that may warrant some alterations to your existing plan. In Illinois, this transition period offers a...