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Using Your Estate Plan to Protect Your Child’s Future

Libertyville Estate Planning Attorney

You likely associate estate planning with outlining how your assets and property should be distributed after your death, and this is a huge part of the process. However, you can also plan for what happens if you become incapacitated, and perhaps most importantly, you can use an estate plan to protect your children in the future. To learn more…

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Do You Have Suspicions About a Loved One’s Will?

Rolling Meadows Estate Planning Attorney

The experience of losing a loved one is tragic in and of itself, but is made all the more stressful and difficult when there are issues with their will and how property is passed on. If you think a will or certain terms of a will might not be proper and valid, you can challenge the will in probate…

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Should You Have a Lawyer to Create a Trust?

Lincolnshire Estate Planning Attorney

The purpose of a trust is to set aside assets you own into an account that is designated to be managed by a trustee and ultimately received by third-party beneficiaries. While trusts can make the process following your death significantly easier and can give you confidence in your estate plan, they are not always as simple to create. There…

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Does Everyone Need a Will?

Lincolnshire Estate Planning Lawyer

You likely know the basics of what a last will and testament is, but you might not know whether it is something you need. Many people assume that wills are documents meant for the wealthy or older adults who are nearing the end of their lives. However, the reality is that every adult should have a will in place…

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Selecting Your Financial Power of Attorney

Lincolnshire Power Of Attorney

An important part of estate planning is setting out power of attorney documents. This designates who has the authority to make decisions and handle your affairs should you become incapacitated by an illness, injury, or cognitive decline. If something goes wrong and you do not have a power of attorney in place, it can be disastrous for your financial…

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The Estate Planning Process

Lincolnshire Estate Planning Attorney

Estate planning can seem intimidating – after all, who wants to consider the possibility of becoming incapacitated or passing away? Furthermore, what type of documents do you need and how do you know if they are valid? The good news is that the estate planning process does not have to be stressful or complicated if you have the guidance…

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Who Should Be Your Executor?

estate planning attorney

Selecting an executor is one of the most important decisions that you will make as part of your estate plan. Choosing the right executor can reduce the chances that something goes wrong in probate or there is a lawsuit against the estate. The executor is a manager and must have the right skills. Choose Someone Who Is Up to…

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What Does the Probate Court Do?

Lincolnshire probate attorney

The thought of probate court can be a scary place, and many people do everything that they can to avoid probate. A lack of knowledge about the probate court contributes to the fear that many people experience. In general, there are two functions of probate: Ensuring that creditors are paid back from the assets of the estate Ensuring that…

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When is it Time to Draft a Will?

Lincolnshire Estate Planning Attorney

Drafting a will is something that people put off for many reasons, not the least of which is that they do not want to deal with some of the thorny issues involved. However, the cost of not having a will can be something that your loved ones have to bear when you are not here. Accordingly, “now” is always…

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When Should You Call a Probate Attorney?

Lincolnshire, Il probate attorney

There is no legal requirement for a personal representative to hire a probate lawyer in Illinois. However, this should be something that you should almost always consider. Estates valued at over $100,000 or that have real estate must go through the probate process. By definition, this means that there will be some complexity. Probate itself can be a very…

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