Wills And Trusts

A will or a trust includes many essential provisions. One that often does not get as much attention as others is the no-contest clause, sometimes referred to as the forfeiture or terrorem clause. This provision, in a way, wants everyone to understand that the testator...

There are many reasons that Illinois residents and others tend to avoid discussions about end-of-life topics. This avoidance often causes procrastination when it comes to writing a last will and testament. In fact, some people even believe that executing a will...

As 2019 nears its end and Illinois residents and others start planning for a new year, many people will decide it is time to execute their estate plans. The estate planning process can be simple or complex, depending on a particular estate owner's circumstances, needs...

Illinois families do not always get along. This is especially true in cases where wills and trusts are contested. Even people who once enjoyed close, loving relationships may resort to nasty name-calling and accusations when it comes to fighting over a loved one's...

Many Illinois residents may become involved in probate litigation at some point in their lives. It can be difficult to resolve such situations. It can also be quite expensive, especially if a case is tied up in the courts for a long time. Understanding the most common...

When an Illinois resident executes an estate plan, he or she may customize the documents in accordance with his or her goals. For many, asset protection is a high priority. Others own businesses and want to protect those interests, as well as incorporate succession...

Illinois readers considering executing estate plans may have questions about various documents and what constitutes validity when signing such documents. It is always a good idea to speak with someone well-versed in state laws that govern such matters. A current...

NFL fans know that Illinois is home to the Chicago Bears. As in most states, however, there are likely football fans in this state who cheer for other teams, as well. While most people simply follow what is happening on the field, some also enjoy reading...

In Illinois and all other states, executors and trustees have fiduciary duties toward certain others. When someone has a fiduciary obligation, he or she must act on behalf of the estate owner in question in an honorable and transparent manner. This would, of course,...

A court in another state was the location where Hollywood superstar Burt Reynolds' final will was filed recently. The actor passed away suddenly after a 911 call reported that the 82-year-old male was having breathing trouble and was suffering chest pains. Rescue...