Estate planning is one of the most important tasks you can ever undertake. A solid estate plan protects your future, assets and loved ones. Without one in place, it would be up to the state of Illinois to decide how your assets will be distributed when you pass on....
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lake forest illinois trusts and estates law blog
When might a will be contested?
A will can ensure that your assets are distributed in a manner of your choosing. After you pass, this can help your family to remain financially secure. Additionally, if you have been generous to charity in the past, this legacy can continue through your will long...
Are you too young to think about estate planning?
There are numerous aspects to estate planning, but a large part of the process centers around providing for your family. This is extremely important. However, some reports suggest that over half of the population has yet to draft a will. There are many reasons behind...
Avoid probate by establishing trusts for your heirs
Do you want to ensure your loved ones are cared for after you die? If so, you should consider setting up trusts. Trusts can help you avoid probate and provide financial security for your loved ones. What are the benefits of trusts, and how do you set them up? What...
Can your beneficiary’s creditors seek compensation from your trust?
When you started planning for the future, one of the first things you did was set up a trust for your child. You wanted to make sure that they’d have money to support themselves and invest in the future, so you set aside some each month for several years. Then, you...
Is a transfer on death deed the right solution for your home?
Your house is worth thousands of dollars, so it is not an asset that you want to lose control of while you're still alive. On the other hand, you don't want your family members to experience a long-term legal limbo during which they cannot use the property. If your...


