After drafting their wills, many people let them sit for years. If you have made this mistake, it is not too late to dust yours off, review it and revise it as necessary. As your life changes, you will want to make sure your will changes alongside it. By knowing the...
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estate planning
Protect your children’s future with an estate plan
If you are a soon-to-be parent or have young children, an Illinois estate plan can ensure they receive the love and care they need if you die unexpectedly before they become adults. Even if you don’t have a significant amount in assets, the steps you take can...
Texas more dangerous for driving than many think
If your parents are getting older, then you might have a lot of concerns about their well-being and the state of their affairs. This oftentimes includes the lack of an estate plan. After all, most people put off estate planning until it’s too late, which can leave...
Best estate planning moves for young adults
Estate planning is often considered the province of people in their fifties and beyond. In reality, the moves people make in their twenties and thirties are also critical. Smart actions can not only impact the quality of a person's retirement years, they can also...
What’s are trusts and living trusts?
Estate planning, regardless of one’s income and assets can be complicated. However, we all want to maximize the value of our estate. This means, avoiding the costs of probate and reducing taxes, which brings many to the idea of creating a living trust. What happens at...
No estate plan means no control over the disposition of assets
An estate plan is a comprehensive set of legal documents that provide instruction and clarity on the planner’s wishes for their long-term care and estate distribution. It is often considered an important task for elderly Illinois residents to undertake, but in fact...
Avoid family conflict with these estate planning guidelines
Though siblings may face a parent’s death as a family, each person will mourn differently. Some people take control to help guide the family through the inheritance process. Others may lash out at loved ones when overcome by grief. However a family gets through this...
Avoid family conflict with these estate planning guidelines
Though siblings may face a parent’s death as a family, each person will mourn differently. Some people take control to help guide the family through the inheritance process. Others may lash out at loved ones when overcome by grief. However a family gets through this...
Estate plans must include long-term health care
The Baby Boomer generation is finally reaching retirement age. These older Americans, bolstered by medical advancements, could enjoy two to three more decades of life. Despite progress in minimizing the health problems that come with old age, 70% of people over the...
Estate plans must include long-term health care
The Baby Boomer generation is finally reaching retirement age. These older Americans, bolstered by medical advancements, could enjoy two to three more decades of life. Despite progress in minimizing the health problems that come with old age, 70% of people over the...