Category: Probate and Estate Planning

Appointing a Guardian for an Elder Family Member

Many elderly and aging parents continue caring for themselves, either independently or with minimal help, as they get older. Others find dementia, Alzheimer’s, Parkinson’s or other illnesses prevent them from making appropriate decisions for themselves.

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Who should you choose to be your will’s executor?

Many people view naming someone as the executor of a will as an honor. However, in Illinois, executors typically face challenging fiduciary duties, including inventorying assets, paying estate debts and overseeing asset distribution. If these duties are improperly handled, the estate may lose value or the executor may incur personal liability. Consequently, as a lawyer might note, it is…

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3 life events that should generate a revised will

Some Illinois residents believe that once they have drafted their last will and testament, they no longer have to worry about how their assets and property will be divided after they pass away. While this may be the true for some, many people will experience several significant changes throughout their lives that may prompt a will revision.

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Is it possible to avoid probate in Illinois?

An Illinois man retired to Florida after a successful career as a physician. However, according to the Miami Herald, he did not have much time to relax. His wealthy mother-in-law’s estate was left to lawyers and court-appointed guardians in the probate process. Her children became embattled, fighting over accounts and assets. The man started an organization regarding probate guardianship…

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