In the Internet age, estate planning isn’t just about making a will or setting up a trust. You probably have digital assets stored only in the cloud that are part of your estate. After you pass away, executors or family Read More….
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In the Internet age, estate planning isn’t just about making a will or setting up a trust. You probably have online accounts that your executor or relatives will need to access. But if they don’t have the password and don’t Read More….
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If you have student loan debt and are thinking about the future, you might be concerned that the debt will affect your estate planning. It is true that taking out loans could change how you plan in several ways. What Read More….
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If you would like to make charitable giving part of your estate plan, you have many options. Not only does charitable giving help organizations and people in need, it also can benefit you and your estate. Options for Charitable Giving Read More….
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When married couples start estate planning, they may not realize the advantages of the marital deduction. This special tax deduction available only to married couples can help save money on taxes, but some additional estate planning might be necessary. What Read More….
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As your child grows up, his or her eighteenth birthday could affect your estate plan in surprising ways. If you didn’t realize that this milestone would affect your estate planning, you may want to review the possible changes that you Read More….
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If you are starting to make an estate plan – or thinking about it – then you might worry that the plan will affect your retirement benefits. In fact, many estate plans have little effect on traditional retirement benefit plans. Read More….
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When you decide to make a will, you may have questions about which information to include in it. First, you will probably want a lawyer’s help for many reasons. Second, you should be very clear about who receives which gifts. Read More….
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If you have been appointed the executor of an estate or are choosing your own executor, you might have questions about the job of an executor in Illinois. Executors are in charge of distributing the estates of people who have Read More….
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If you are starting to make an estate plan – or thinking about it – then you might worry that the plan will affect your government benefits. Depending on how you set up your estate plan, it could matter when Read More….
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If you have started a retirement account or bought life insurance, you may wonder how to properly name a beneficiary. Designating a beneficiary is very important because it can potentially save your estate a lot of money on taxes and Read More….
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If you would like to protect your family in the future, you may want to make life insurance part of your estate plan. While life insurance isn’t something that estate planning attorneys prepare, they can advise you on integrating it Read More….
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Illinois residents can create financial and medical powers of attorney, allowing an agent to handle their affairs. These two types of powers of attorney have similar formats but serve different purposes. What Is a Power of Attorney? A power of Read More….
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