Many individuals in Illinois assume that they do not need to create estate plans because they are not wealthy. But most people have more assets than they realize, and estate planning can help them to ensure that these assets end up in the right hands after they die....
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How to create a will properly
Putting together a will is an important process for individuals in Illinois as they grow older, but it can also be a complicated one. Although thinking about death is not typically appealing, individuals would be wise to make clear their wishes regarding their care...
How to begin the estate planning process
Individuals in Illinois may understandably be concerned about what the future may hold for them both health wise and financially. Fortunately, creating estate plans can help them to feel more prepared for unexpected events. Here are a couple of important components of...
Why business owners need trusts, not just wills
When running an Illinois company, it is easy to prioritize business matters over estate planning. However, along with focusing on meeting payroll and achieving quarterly goals, business owners would be wise to take time to protect their assets by creating detailed...
How to avoid major pitfalls during the estate planning process
With the new year in full swing, many individuals in Illinois may be eager to finally achieve their estate planning goals in 2022. However, if they are not careful, they can make some potentially costly and problematic estate planning mistakes. Here are a couple of...
Two critical documents to create during estate planning process
Many individuals in Illinois have avoided estate planning simply because they do not view themselves as wealthy. However, in reality, estate planning is critical for anyone who has assets, even if only a few. Here is a look at two of the most critical estate planning...
Why creating a detailed estate plan is a wise move
Planning for the end of one’s life can no doubt be a sensitive and personal topic. However, when individuals in Illinois plan out how they will distribute their wealth in the event of their passing, this can help to ensure the smooth transition of their assets with no...
Avoid co-parenting conflict during summer
When you made the decision to file for divorce in an Illinois court, your mind was no doubt full of thoughts regarding your children’s well-being and how to navigate your circumstances while causing them the least amount of disruption possible. It takes teamwork to...
Estate planning tips for married individuals
After people in Illinois get married, they may assume that they will automatically receive everything their spouses have in the event that their spouses away. However, this is not true, as what the surviving spouse inherits will depend on factors such as previously...
Tips for blended families embarking on estate planning
Individuals in blended families in Illinois understandably face unique financial and emotional challenges in their daily lives. However, it is also critical that they take time to plan their futures through estate planning. Estate planning can help them to protect...