If you are an executor for your parents’ or family member’s estate, you likely will face challenges when settling your loved one’s estate. The process takes time, it can be complicated, and you can face difficulty with heirs who are unhappy about what their share is...
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lake forest illinois trusts and estates law blog
Heirs of Boy Scouts founder purchased dams to avoid taxes
When the sale of a property occurred in connection with the estate of the man who founded the Boy Scouts of America, the money from the sale needed to be reinvested. If the heirs of the BSA founder did not reinvest the money within a year, they would have to pay taxes...
Probate litigation: Is it avoidable?
When an Illinois resident dies, his or her will must be validated in probate court. However, if someone contests the will, it can lead to probate litigation, which can be a complex and stressful process. If an estate owner wishes to protect his or her loved ones...
Maximizing the value you get for a home sale as executor
As the administrator or executor of an estate, you will likely find yourself in a situation where you have to make difficult decisions about assets, especially if the last will or estate plan instructs you to liquidate physical assets and distribute the proceeds among...
How to avoid probate litigation stress
Before 2020 ends, many Illinois residents will die. This means that, in many cases, surviving family members or perhaps friends or other acquaintances may have probate litigation issues to resolve. Maybe someone designated you as an executor to an estate. Perhaps, you...
Support for Illinois heirs and beneficiaries
Every Illinois estate owner can execute a unique plan to protect assets, transfer property, list instructions for business succession and more. Many estate owners include documents in their plans that pertain to heirs and beneficiaries. Issues pertaining to a person...


