A Commitment
to Each Client.
As you grow old, you may start to gain more wealth and accumulate new assets. Although including them in your will as future inheritance to your loved ones may seem reassuring, it can also significantly increase your estate taxes after you pass away. However, there...
When couples prepare for marriage, their focus is often on celebrating love and building a life together. However, marriage is also a legal partnership that carries financial and legal responsibilities. This is why some couples choose to sign a prenuptial agreement....
Serving as a fiduciary during estate or trust administration involves a degree of risk. Personal representatives or trustees are subject to a fiduciary duty to the beneficiaries of the estate or trust. They generally have an obligation to follow the instructions...
The executor or personal representative of an estate can uphold an individual's last wishes. They can help protect the beneficiaries or heirs who might inherit from the estate. Their efforts can provide support and comfort to those who have recently lost a loved one....
Estate planning is a challenging undertaking for some people, partially because they may not fully understand the options that are available for passing their assets down to their loved ones. While some people opt to do this in their will, they may also choose to use...
As you start thinking about putting your estate plan in place, maybe you realize that you’ve already given your adult children more than most parents can. Consequently, they may be doing very well financially. If you’re like many Illinoisans in this position, you may...
Sibling rivalry is very common when children are young. They may compete to get their way or for their parents' attention. There may be a conflict between the firstborn and the middle child or older children may feel resentful if a younger child seems to receive more...
When someone passes away, one of the first questions that may be asked is whether or not they died intestate. This can define how their estate is addressed and may have a major impact on their heirs and beneficiaries. Essentially, it is often best for people to draft...
Developing your estate plan is necessary for guaranteeing that your loved ones are properly cared for after you are gone. Beyond simply creating a will, estate planning is an important process that includes arranging your affairs for the end of your life, deciding who...
As the calendar has recently turned from 2024 to 2025, it is time for the kind of annual financial “check-up” that those who are savvy about safeguarding their wealth need to engage in. Protecting your wealth requires proactive strategies that account for evolving tax...
