When you decide to destroy your will, you might wonder if this act has the effect of legally revoking the document. But if you have multiple copies of the will, how would others learn that you decided to revoke it? Read More….
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Signing and Witnessing a Will in Illinois
When you make a will in Illinois, you must follow specific signing and witnessing legal requirements. The requirements help ensure the identity of the person who signs the will and protect against fraud. What Are the Signature and Witness Requirements Read More….
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Does Signing a New Will Revoke Your Old One?
When your wishes change, you may want to sign a new will and revoke the old one. But you should know how to properly make your new will so that it has legal effect. Revoking an Old Will There are Read More….
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Locating the Will and Beginning the Estate Administration Process
After a loved one passes away, you and your family may need to locate the will and begin the estate administration process. This could seem like a daunting task. Fortunately, if you are not the executor, it is not your Read More….
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What Are the First Steps to Take After a Loved One Dies?
After a loved one dies, your first thoughts are probably not about his or her estate plan. But it is important to take certain steps soon after the death in order to protect the estate. These steps include making funeral Read More….
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Moving to a New Home? You Might Need Changes to Your Estate Plan
If you plan to move to a new home, you may need to make some changes to your estate plan. No matter if whether your new house is across town or across the country, a major life transition like a Read More….
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Conveying End-of-Life Wishes in an Estate Plan
Conveying end-of-life wishes in an estate plan is an extremely important goal for many people. Unfortunately, having a conversation with family members may not be enough to ensure that your wishes are carried out. By writing your wishes into your Read More….
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Ill or in Poor Health? Why You Need an Estate Plan
If you are ill or in poor health, you need an estate plan as soon as possible. You might be surprised to learn that your decisions will not necessarily be honored by doctors or family members if you are sick Read More….
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Estate Planning When You Own a Second Home
When you own a second home, your estate planning may differ from that of most single homeowners. For one, you should make sure to include the second home in your estate plan. Moreover, you need to choose how to pass Read More….
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Conveying Funeral and Burial Arrangements in Your Estate Plan
Conveying funeral and burial arrangements in an estate plan is an extremely important goal for many people. Unfortunately, having a conversation with family members may not be enough to ensure that your wishes are carried out. By writing your wishes Read More….
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Do You Need Professionals to Help Manage Your Trust?
You might be surprised to learn that your trust may need professionals to help manage it. For example, you might have picked an inexperienced family member as trustee or selected someone with experience in only one area. Or maybe you Read More….
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How Do You Fund an Illinois Trust?
If you just created a trust, you may not realize that you also need to fund it. Signing the paperwork is not your final step in getting your trust up and running. To fund the trust, you need to transfer Read More….
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Do You Need an Estate Plan If You Are Not Married?
If you are not married, you may think that you do not need an estate plan. You might be under the impression that because you do not have a spouse, planning for the future is not as important. But it Read More….
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The Benefits of Direct Lifetime Gifts to Charity
When you make gifts to charity during your lifetime, you benefit both the charitable organizations and your estate. Not only can you receive tax deductions, you also reduce the size of your taxable estate. What Is a Direct Lifetime Gift Read More….
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Updating Your Estate Plan When You Adopt or Foster a Child
If you have recently adopted or started fostering a child, you may need to make changes to your estate plan. Including a new child in your family could have altered your wishes for the future. You should consider doing a Read More….
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How Can Estate Plans Help Same-Sex Couples?
Estate plans can greatly help same-sex couples manage their financial and medical affairs, as well as protect each other even after death. While same-sex married couples have many of the same estate planning advantages as opposite-sex married couples, people who Read More….
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