A Commitment
to Each Client.
There are various important aspects of estate planning, with drafting a will being at the top of the list. A will provides instructions about how your assets should be divided if you become incapacitated. It can also designate legal guardians to look after your...
When someone leaves unequal bequests in their estate plan, it simply means that they are leaving different amounts to different children. For example, someone may have three children and $1 million to split up. Rather than dividing the sum in thirds, they give half of...
Estate planning is one of the most important tasks you can ever undertake. A solid estate plan protects your future, assets and loved ones. Without one in place, it would be up to the state of Illinois to decide how your assets will be distributed when you pass on....
There are numerous aspects to estate planning, but a large part of the process centers around providing for your family. This is extremely important. However, some reports suggest that over half of the population has yet to draft a will. There are many reasons behind...
Your house is worth thousands of dollars, so it is not an asset that you want to lose control of while you're still alive. On the other hand, you don't want your family members to experience a long-term legal limbo during which they cannot use the property. If your...
Whether you have a lakeside cabin up in Wisconsin, a vacation home in Colorado or one of your kids is living in your old condo in Brooklyn that you still own, those assets will need to be covered in your estate plan. If you still own the assets when you pass away,...
When you have a loved one who is showing signs of dementia, now is the time to sit down and talk to them about their wishes. People who suffer from dementia often have times when they are lucid, and it is important to discuss their estate plan, will and other...
You have a lot of potential tools that you can use when doing estate planning. If you don't want to leave assets directly to your heirs, for instance, you could consider setting up a trust. Even if you do this, you still have a lot of different choices to make. Some...
Your estate plan should contain several elements. These all work together to ensure that your wishes are followed when you aren’t around to speak for yourself. You probably know that you need to get your will in place. You may even recognize that you should have...
You’ve lived your life on your own terms, and you’d like to die on your own terms. With that in mind, you’ve done everything in your power to make sure that your ending is peaceful. You have a will, you’ve set up trusts for your heirs, you have powers of attorney in...
