When a testator goes through the trouble of setting up a trust for their heirs, the odds are high that they had some specific goals in mind. The court generally doesn’t want to interfere with those goals – but mistakes can happen, laws can change and the need for...
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lake forest illinois trusts and estates law blog
Designating your organ/tissue donation wishes in your estate plan
Many people dread the idea of estate planning because it involves, in large part, thinking about a future where you won’t be around. However, it’s not unusual once you begin the process to appreciate the opportunity you have to make sure your wishes are known and...
Revocable vs. Irrevocable trust: which one is right for you?
Including a trust in your estate plan comes with multiple benefits. It saves time, reduces estate taxes and ensures that your assets are distributed according to your wishes. Most importantly, a trust gives you control over your assets even after your passing. If you...
What are the benefits of an irrevocable trust over a will?
A will is the most common estate planning tool people use to bequeath their estate. However, there is more to estate planning than putting your last wishes on paper when passing over the estate to your loved ones. First, a will comes with some uncertainties. What if...
How to prevent challenges to your will?
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...
Unequal bequests are becoming more common
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...


