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Trust Administration Disputes

trust administration

A critical part of creating a living trust is to choose who will be the successor trustee. A successor trustee takes over the management and administration of the trust if the trust creator becomes incapacitated or passes away. A trustee stepping in has many duties related to trust administration, including a fiduciary duty to the beneficiaries of the trust….

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Are You the Executor of a Will?

will attorney

When people draft a last will and testament, one important step is to select another individual to serve as the executor of the will. This means that after the will-maker (testator) passes away, the executor will be in charge of administering the estate as instructed in the will. This can involve several different complex tasks, and many executors can…

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Do You Have Reason to Contest a Will in Probate?

probate

When a will is submitted to the probate court following a death, the court must approve the will as valid before the probate process can proceed. While most wills are deemed valid, there are situations in which someone might have reason to challenge the validity of certain provisions or even the entire will. The following are only three examples…

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Duties of a Trustee

trustee

When you create a revocable living trust, you will be able to manage and access the trust property until you pass away or become incapacitated. Then, a person you designated will need to take over the management role as your successor trustee. This trustee will have numerous duties and must conduct these duties while maintaining a high standard of…

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Types of Trusts

trusts

Trusts are popular estate planning tools, and different kinds of trusts have different purposes and benefits. The following is a brief overview of types of trusts – to discuss the best kind for your specific situation, you should consult with an experienced estate planning lawyer in Illinois. Revocable Living Trust – This is a trust that you can manage…

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Grounds for an Illinois Divorce

divorce

Divorce laws can vary significantly from state to state, especially when it comes to the grounds you cite when petitioning the court for a dissolution of marriage. All states now allow no-fault grounds, though other states also give you the option to cite fault-based grounds, such as adultery, cruelty, or substance abuse. Illinois overhauled its divorce laws in 2016,…

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Check on Your Loved Ones in Nursing Homes

nursing home neglect

Many of us have loved ones who live in nursing homes, and Illinois has about 1,200 facilities that assist over 100,000 residents who need specialized care. While these facilities are expected to abide by state regulations and provide a safe atmosphere for residents, many residents suffer preventable injuries due to nursing home neglect or abuse. While advocates know that…

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Are You Planning to File Bankruptcy? Considerations for the Holidays

bankruptcy

Many people begin to feel extra financial pressure as the holidays near. If you were already struggling to pay your debts, you might decide to file for bankruptcy after the holiday season comes to a close. While this is a popular decision among consumers, there are some things to keep in mind. Don’t Overspend When you decide to file…

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How Chicago Traffic Can Lead to Car Accidents

car accidents

Chicago is routinely cited as one of the worst cities for traffic. If you own a car in the city and drive on a regular basis, you likely have sat in heavy traffic for hours on end. Slow traffic and careless drivers not only cause frustration, but they also can regularly result in car accidents. An accident can delay…

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Estate Plan Changes During a Divorce

estate plan

When you are ending your marriage, you have a lot to deal with, such as your divorce case in family court. While it might be difficult to add something else to your plate, you should consider whether your estate plan should be amended. If you have an existing estate plan, it is likely you will want to make some…

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