Estate Planning

Traditionally, estate plans include paper documents that are kept in a lockbox or file cabinet, but our lives are now conducted largely online. Digital information is necessary to transact business and pay bills. Blogs, cryptocurrency, and social media accounts now...

People can go through most of their lives without ever hearing the word “guardianship,” but the legal concept is important. Naming a guardian in an estate plan can be the ultimate act of love toward family or elderly family members. Guardianship explained Essentially,...

One of the greatest advantages of estate planning is that it is entirely customizable to suit your needs. But in order to take advantage of everything that the process has to offer, you have to know your estate planning options. Sure, you have the ability to create a...

If you own a small business, you are probably on your toes most of the time. If your business is flourishing, that means that you are continuing to gather assets for your eventual retirement and to pass down your assets to your loved ones. That is a critical way of...

There are a lot of moving parts when it comes to estate planning. Some aspects will be more or less important to different people and your needs will change as you move through life. Health care directives are one thing which can benefit anyone and at any time. Health...

For those that have already done an estate plan or that are in the estate planning process, traditional assets, like our cars and houses, are already in our wills. Including traditional asset classes are relatively simple. As one includes other financial assets...

Estate planning is a hard subject to approach. That is because it involves discussing the end of one’s life and the process of distributing their assets after their death. Few Illinois residents look forward to conversations about their mortality, wealth, and the...

When people in Illinois and elsewhere think of estate planning, it is often something they would rather take care of when they are older. Especially for parents with minor children whose daily lives seem hectic enough, thinking that far ahead just doesn’t seem as...

There is significant value in having an estate plan. Estate planners should be familiar with the benefits of estate planning and what estate planning can do for them so they can develop an estate plan that is best for them and their family. What an estate plan can do...

An executor is often a family member or close friend of the deceased person. They are entrusted to ensure that the deceased’s wishes are carried out and that the will is adhered to. But this also means that, when someone is named an executor, they have likely never...