In Illinois and throughout the nation, more people than not fail to execute solid estate plans. In fact, where the whole estate planning and administration process is concerned, only about 42 percent of people have final wills in place. A last will and testament is...
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lake forest illinois trusts and estates law blog
Estate planning and administration can be a gift to loved ones
In Illinois and elsewhere, the topic of mortality does not make many people's Top 10 lists of favorite conversations. Many people shy away from such topics because they want to focus on living rather than the fact that they are going to die someday. This hesitance...
Basic tips for selecting a trustee
There may come a point when you realize that creating a trust is the best decision you can make from an estate planning perspective.Although there is a lot that goes into this process, most people find that they're able to put themselves in a better place sooner...
Heirs and beneficiaries don’t always agree to estate plan results
When an Illinois resident executes an estate plan to distribute his or her assets to various family members or others, documents may be customized to suit individual wishes and long-term goals. For instance, many estate owners include advanced medical directives in...
What are the big 5 in estate planning and administration?
What if there were a board game that involved guessing the names of important documents often included in Illinois estate plans? Most players of adult age would likely include final wills and testaments in their answers. Beyond that, however, many people are...
Heirs and beneficiaries: Fist fights not the best way to go
Most Illinois parents likely do not expect their children to engage in physical brawls in their front yards when they die. Some may be surprised to learn it may be more of a risk than they realize. According to those who regularly assist heirs and beneficiaries in the...


