630.377.3241

Tag Archives: estate plan

Four Provisions People Forget to Include in Their Estate Plan

last_will_&_testament_sm

Even if you’ve created an estate plan, are you sure you included everything you need to? There are certain provisions that people often forget to put in in a will or estate plan that can have a big impact on … Continue reading






Posted in Estate Planning | Tagged |

Make Reviewing Your Estate Plan One of Your New Year’s Resolutions

estate-planning-at-table

        Estate planning is all about¬†five essential documents. Here they are in order of importance:   The Power of Attorney for Property The most important estate planning instrument for taking care of you and your family during … Continue reading






Posted in Estate Planning | Tagged , |

Life Adjustments Call for Updates to Your Will!

As life circumstances change (births, marriages, divorces, and deaths), it may become necessary to make changes to your will. If an estate plan is not kept up-to-date, it can become useless.






Continue reading






Posted in Estate and Trust Administration, Estate Planning, Guardianship, Long-Term Care Planning, Medicaid, Probate Litigation, Uncategorized, VA Benefits | Tagged , , , , , , , , , , , , , , , , , , |

Top 10 Reasons Why You Need an Estate Plan

Planning ahead for your own death is a difficult step to take because no one wants to believe it can happen to them; but it will happen. By giving some careful thought to your goals for your beneficiaries, you will be confident that you are really protecting what matters. An estate plan may include some or all of the following: Last Will & Testament, Revocable or Irrevocable Trust, Powers of Attorney, Joint Tenancy designation, and Beneficiary designation.






Continue reading






Posted in Estate and Trust Administration, Estate Planning, Probate Litigation | Tagged , , , |

Your Estate Plan: It’s the Little Things that Matter Most

Often times when a relative dies it is not the financial assets that can break a family apart, it is ¬†the little things that cause the most animosity.   Recently I read an article about an item that had caused … Continue reading






Posted in Estate Planning | Tagged , , |

You Are Never Too Young For A Will – Amy Winehouse’s Death Illustrates That

You are never too young for a Will. A will is a document that lets you tell the world who you want to get your assets. Die without one, and the state decides who gets what, without regard to your wishes or your heirs’ needs.






Continue reading






Posted in Estate Planning | Tagged , , |

Celebrity Estates Part II: The Good, the Bad, & the Ugly

Clients often ask me whether they need a Will or not. Although the answer is different for everyone, I am a strong believer that not everyone needs a Will or even a Trust.






Continue reading






Posted in Estate Planning | Tagged , , |

Celebrity Estates: the Good, the Bad & the Ugly

When clients come to my office to prepare an estate plan, we will meet initially to create the strategy and determine what the client wants in their plan, whom they want to provide benefit for and how.






Continue reading






Posted in Estate Planning | Tagged , , |

Your Estate Plan: Leaving a Legacy

Estate planning is primarily about how to pass your property on after your death to the recipients of your estate with a minimum of fuss, expense and taxes. But, it is about a lot more as well.






Continue reading






Posted in Estate Planning | Tagged , , , , , |

10 Reasons to Create an Estate Plan Now

Many people think that estate plans are for someone else, not them. They may rationalize that they are too young or don’t have enough money to reap the tax benefits of a plan; however, estate planning is for everyone, regardless of age or net worth.






Continue reading






Posted in Estate Planning | Tagged , , , , , |

Subscribe

Strohschein Law Group