You’ve worked hard your entire life and built a substantial amount of wealth. You probably own a business and a home among other assets. This means you should figure out what will happen to them when you pass on. And one of the most popular estate planning tools you...
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lake forest illinois trusts and estates law blog
2 assets you should exempt from your Illinois will
Do you have a will? Congratulations if you do. You’ve taken one of the most important steps towards safeguarding your legacy and the people you care about. Without a valid will in place at the time of your demise, Illinois intestate laws would step and dictate what...
2 reasons you may enter an estate dispute
One reason that people will make an estate plan is that they know that this lowers the odds that their heirs will be involved in a dispute. Simply creating a plan can go a long way toward preventing disputes by providing the necessary guidance. However, this isn't to...
A will is about much more than inheritances
For most people, the first step to estate planning is drafting a will. This sets in motion the distribution of your assets should you become incapacitated. You can leave an inheritance behind for the people you treasure, such as your family and close friends. ...
3 estate planning mistakes to avoid
As a responsible adult, creating an estate plan makes sense. This plan, when established properly, will protect your loved ones and ensure your assets are distributed based on your wishes after you pass away. Making an estate plan may seem simple; however, some...
Should you add a no-contest clause to your Illinois will?
You want as much of your property as possible to pass to the people you love when you die. Careful estate planning can help you minimize the risk of creditor claims and taxes cutting into what your loved ones inherit. Unfortunately, your plans can end up undermined by...


