While it is important to have an updated estate plan, there is a lot of information that your heirs should know that doesn’t necessarily fit into a will, trust or other components of an estate plan. The solution is a…
As we learn to navigate the COVID-19 reality, filled with uncertainty, there is one thing that we can all do to take control; establishing our Advance Directives and expressing our end of life wishes. While thinking about our own mortality…
On March 26, 2020 Governor Pritzker signed an executive order aimed at helping estate planning attorneys and their clients during the COVID-19 pandemic. The order outlines a remote signing process which modifies the rules that require witnesses to be physically…
Unless you are at least 102 years old, you weren’t even alive for the Spanish Flu Epidemic of 1918, much less remember it. While we do not recommend jumping on the panic bandwagon of hoarding all available toilet paper, being…
While estate planning is important for married couples, it is arguably even more necessary for couples that live together without getting married. Without an estate plan unmarried couples won’t be able to make end-of-life decisions or inherit from each other.…
Attorneys certified in elder law offer you something that other attorneys do not: professional expertise in the unique needs of older, maturing populations. Certified Elder Law attorneys are not just authorities on legal issues affecting seniors, they are also familiar…
Revocable trusts are an effective way to avoid probate and provide for asset management in the event of incapacity. In addition, revocable trusts–sometimes called “living” trusts–are incredibly flexible and can achieve many other goals, including tax, long-term care, and asset-protection planning.…
President Trump has signed a spending bill that makes major changes to retirement plans. The new law is designed to provide more incentives to save for retirement, but it may require workers to rethink some of their planning. The Setting Every Community…
A fiduciary is a fancy legal term for the person who will take care of your property for you if you are unable to do it yourself, such as the executor of an estate, the trustee of a trust, or…
Everyone has heard the terms “will” and “trust,” but not everyone knows the differences between the two. Both are useful estate planning devices that serve different purposes, and both can work together to create a complete estate plan. One main…