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...
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lake forest illinois trusts and estates law blog
Leaving too much to your children may not be in their best interest
If you worked hard to give your family opportunities you never had, it is satisfying to think you have achieved your goal. You can sit back, knowing that your children will not have to go through the same struggles you did. They will never have to wonder where the...
Artwork could be the cause of an estate dispute
Estate disputes happen for all manner of reasons. Sometimes, it’s just that the plan isn’t clear enough, and siblings can’t agree on what their parents really wanted. Other times, everyone is looking out for themselves and not working together. Still other times,...
Estate planning details you may have overlooked
When it comes to estate planning, it’s easy to focus on the basics such as creating a will, living trust and living will. However, if you neglect to go deeper, you could end up missing out on something that makes life easier on you and/or your family. Here are some of...
Stepsiblings, blended families and the potential for estate disputes
Many blended families work out very well and all of the new siblings get along wonderfully. However, there are also cases in which things do not go as smoothly as hoped. The two sides of the family may remain at odds or never really get close. When it comes to estate...
The family business is not an ATM
Your parents own a business, and you know that the succession plan they’re putting in place is the focus of most of their estate planning -- either that, or they’re going to sell the company and give the assets to you and your siblings. Either way, this is a...


