Illinois readers concerned about mismanagement of estates will want to pay close attention to a recent court ruling. This particular estate planning and administration case involves the heirs of deceased American Airlines executive Max Hopper and JPMorgan Chase. The...
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Estate Planning And Administration
Father made permanent estate planning error
Illinois residents planning to transfer property titles as part of their estate plans should do so with caution. It's critical that an estate owner clearly understand all possible implications of the estate planning process before designating someone as co-owner with...
Things to consider regarding estate planning and administration
Many Illinois residents may hesitate to discuss certain topics at family gatherings. Like others throughout the nation, they may determine various issues are better left unsaid. For some, such topics may include political subjects or those having to do with religion....
Sibling disputes: Stopping estate disputes before they start
No heir is technically entitled to anything if you decide not to include him or her in your will. However, you decided that you want to make sure your heirs are left with as much money as possible, so they have a step up in life.The problem is that you're positive...
Don’t wait too long to begin estate planning and administration
Some people in Illinois hesitate to plan their estates because they don't like to talk about their own mortality. Others have the best intentions when it comes to executing solid plans but procrastinate because they think they are too young to need a plan or don't own...
Estate planning and administration: the advance directive factor
As people age, they begin to think about various issues that perhaps did not occupy their thoughts as much when they were younger. For instance, older people tend to think about executing estate plans more often than younger people do, although the process is a...
A living will can strengthen your estate plan
There are many details to consider when creating an estate plan. It's natural to focus most your time on a will or trust, as this governs who gets what upon your death, but you don't want to overlook other details that are every bit as important.A living will, for...
Avoid these major estate planning errors
Those who wish to execute solid estate plans will no doubt research the process ahead of time to learn more about the ins and outs of the system. Illinois has its own regulations and guidelines for estate planning, as do other states. An estate owner does well to seek...
Estate planning and administration: Executor seeks missing art
A relative of former First Lady Jacqueline Bouvier Kennedy Onassis has taken action in court against an art gallery owner in another state. Those in Illinois who are currently trying to resolve estate planning and administration problems that involve disputes over...
Anyone can make one of these estate planning mistakes
When it comes to estate planning, there are things you should and shouldn't be doing. Unfortunately, many people don't understand where to draw the line.The last thing you want to do is make an estate planning mistake, as this can impact you and your family now and in...


