It can be quite complicated to plan for the future. You cannot predict what will happen, and you may not want to consider what will happen after you pass away in the future. However, it is an important effort for adults of all ages, regardless of income level or...
Estate Planning
What types of powers of attorney do you need for an estate plan?
It is not easy to know what types of legal and financial protections you may need for the future. You cannot know what types of issues will arise and what you may need to rely on the protections you have in place, which is why it is important to have a complete estate...
Having the discussion about estate planning with aging parents
It is never easy to discuss your own mortality, and it can be just as difficult to discuss this sensitive issue with your parents. As an adult, you may wonder what will happen in the future when your Illinois parents are unable to care for themselves or after they...
The benefits of establishing a trust
Planning for the future is a critical step for all adults, regardless of age, income level and health status. There are significant benefits to having a legal and financial strategy in place that will allow one to make decisions for himself or herself and decide what...
Should a special needs trust be part of your estate plan?
The future is unpredictable, but there are things that you can do that will allow you to face the uncertain things ahead of you with confidence. While you cannot know with certainty what will happen in the months and years ahead, having an estate plan provides you the...
Discussing estate plans with children of all ages
Talking about the future after your death is a sensitive topic that you may be reluctant to approach with your children. Whether you have older, adult children, or you have small kids still living in your home, having healthy discussions about estate planning is...
What your family may need to know about the probate process
After the death of your loved one, you and other family members have the task of settling his or her estate and handling matters related to the deceased’s property. This can be quite a complex task, often involving much more than just distributing property according...
Eligibility for ABLE accounts expanded
Eligibility for ABLE accounts expanded
What can you expect from the probate process?
One of the most challenging things a family will experience after the death of a loved one is settling his or her estate. It is not easy to navigate the process of accounting for estate assets, following the instructions left in a will and distributing assets. Even...
3 ways a trust might be helpful to your estate plan
If you are one of many people in Illinois who are age 55 or older, thoughts about your elder years or the time that will inevitably arrive when you pass from the earth may have started coming to mind. Especially if you have children and grandchildren, you might even...
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