Friday, May 7, 2021

5 Reasons You May Still Need Life Insurance After Retirement

Every stage of life has its own unique financial planning and insurance needs and retirement is no different. If your life insurance policy hasn't changed...

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Could Your Beneficiaries Make the Cut? The SECURE Act’s Eligible Designated Beneficiary

Ushering in the new 10 Year Rule, the SECURE Act has changed the way inherited retirement accounts are now distributed. That is, to everyone...

The New Legal Rights of Your Beneficiaries: Should These Be Drafted Out of Your...

In keeping with uniform trust law, Illinois has joined 34 other states in adopting its own version of the Uniform Trust Code known as...

Your Quick Guide: What to Do About the SECURE Act and Your Estate Plan

On December 20, 2019, President Trump signed the Setting Every Community Up for Retirement Enhancement Act (SECURE Act), effective January 1, 2020. This law...

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Ask the Attorney: Can I store my estate planning documents in a safe deposit...

I would feel better about placing my original estate planning documents in a safe deposit box. Will this be a problem? If you’re the sole,...
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Elder Law: Representing the Whole Person

Elder law is an area of legal practice that is quickly growing as the population ages. The idea behind elder law is unique because it...
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Dividing Assets – and Tax Bills – in Divorce

How assets are split up in a divorce depends largely on where the divorcing couple lives. The following nine states are community property states: California,...

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Transferring a Business? Consider a Grantor Retained Annuity Trust

Succession planning for your business can be daunting. Along with selecting the right family member or other individual to carry on the business, you must...