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Will drafting can be complicated. People can run into problems if they attempt to do it on their own, or rely on websites that do not offer legal counsel, or even hire an inexperienced or lesser qualified attorney to draft...
Later-life remarriages differ from earlier-life remarriages — especially when adult children factor into the equation. If you or your parents plan to tie the knot again, here are some roadblocks that might stand in the way of your family's happily-ever-after.
Emotional...
Q: I want to give my home to my children now and yet continue living there for as long as possible. Will I still be eligible for Medicaid if I need nursing home care in the future?
A: You might be...
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Hot Stuff Coming
What Immediate Actions Must Be Taken Right After Someone Dies?
When a loved one dies, family members are not only in mourning — they may be in a state of uncertainty about what to do...
Have You Updated Your Beneficiary Designations?
Regardless of your income or net worth, there's one estate planning move you should probably make right now: Check the beneficiary designations for your life...
Avoid these 8 Common Mistakes in Your Revocable Living Trust
A revocable living trust has long been an important part of estate planning. Done correctly, a living trust can help protect your heirs from creditors and...
How to Wrap Up an Estate
If you're an executor or personal representative of an estate — or even an heir — eventually you want closure on the estate. Sometimes, estate...
LATEST ARTICLES
The New Legal Rights of Your Beneficiaries: Should These Be Drafted...
In keeping with uniform trust law, Illinois has joined 34 other states in adopting its own version of the Uniform Trust Code known as...
Could Your Beneficiaries Make the Cut? The SECURE Act’s Eligible Designated...
Ushering in the new 10 Year Rule, the SECURE Act has changed the way inherited retirement accounts are now distributed. That is, to everyone...
Your Quick Guide: What to Do About the SECURE Act and...
On December 20, 2019, President Trump signed the Setting Every Community Up for Retirement Enhancement Act (SECURE Act), effective January 1, 2020. This law...
How the SECURE Act Will Affect You and the Beneficiaries of...
On December 20, 2019, President Trump signed the Setting Every Community Up for Retirement Enhancement Act (SECURE Act). The SECURE Act, which is effective...
WHAT YOU SHOULD KNOW ABOUT MEDICAID PLANNING
You’re active and in relatively good health. You’re finally enjoying the things you now have time to do as a retiree – or looking...
Don’t Send Your Student to College Without These 3 Things
Accidental injury is the leading cause of death for adults between ages 18 to 24 with over a quarter million being hospitalized yearly for...
The Conversations You Must Have Now About Your Health Care Decisions
Selecting a trust-worthy agent who will ultimately be the decision-making authority for your medical care if something happens to you is an important decision....
Understand the Basics of Estate Planning
For many people, mapping out an estate plan is something they intend to think about later. But too often, later never comes.
The reasons for not dealing with...
How Will You Handle Your Digital Estate? (And, yes, you do...
Some assets don’t necessarily fit into our traditional approach to estate planning. We know how to account for bank accounts and real property. But...
Do You Know What the “Other Hand” is Doing in Handling...
You manage most of the bill payments and banking. Your spouse covers the insurance and investment accounts.
It’s a common practice in many married households...