A will can be a sensitive subject for some families, especially when there are existing tensions or disagreements between beneficiaries. During probate – the court-supervised process of going through a deceased person’s estate – questions can arise about the validity of a will. These challenges tend to center around a few common issues, and an Arlington Heights, IL estate planning attorney can help you understand what to expect when drafting your will.
At A. Traub & Associates, we represent testators, beneficiaries, and fiduciaries with concerns about a will. We handle every case with a personal approach, providing tailored advice based…
Continue Reading Top Reasons Why Wills End Up Contested in Probate Court

Planning a trust can initially feel confusing, especially when it is part of an estate plan that already includes a willl. The reality, though, is that setting up a trust can be a very effective way to manage and transfer property or other assets. Whereas a will is a plan that is only executed after you pass away, some trusts can take effect while you are still living.
At A. Traub & Associates, our Lombard, IL estate planning attorneys can help you set up a trust and appoint a trustee. We favor a personal approach for estate planning, tailoring our…
Continue Reading Trust Planning: The Purpose of a Trust and How to Choose a Trustee

Divorcing with children can be difficult. Their living arrangements will change drastically, and this change can be hard on them. Children thrive on predictability and routine, which is why it is important that you establish a parenting plan prior to finalizing your divorce. Even if things are friendly now, and you and your spouse agree on the parenting situation, having a plan in writing is required by law and it can save you unwanted costs and headaches later.
At A. Traub & Associates, our Arlington Heights, IL family law attorneys can help draft and review your parenting plan. Drawing on…
Continue Reading Creating a Parenting Plan in an Illinois Divorce

Divorce is often an emotionally draining experience, but it can also be financially daunting, especially when it comes to the assets you own. Splitting your assets during divorce is often a lengthy process, and it can be very frustrating if you and your ex-spouse get into bitter arguments about who gets what or how certain property should be allocated. 
At A. Traub & Associates, our Schaumburg, IL family law attorneys have over a century of combined experience, which has given us a deep understanding of how to handle property disputes. We will tailor our strategy to suit your needs, keeping…
Continue Reading How to Divide Three Important Assets in an Illinois Divorce

If you are a parent who is thinking about getting a divorce, you likely have many concerns regarding custody. You may worry about how your child will adjust to a two-home arrangement or how they will take the news of the divorce. You may also worry about how much time you will get to spend with your kids now that you must share parenting time with your child’s other parent.
It can be incredibly difficult for parents to transition to a more limited parenting arrangement after they have been highly involved in their children’s lives on a daily basis.
Continue Reading What You Need to Know About the Right of First Refusal in Illinois

Deciding how to pass down property is one of the most important decisions you’ll make for your family. Get it wrong and your loved ones could face a long, expensive probate process or end up fighting over who gets what. A Schaumburg, IL estate planning attorney can help you choose the right tools for your specific situation. 
At A. Traub & Associates, we don’t believe in one-size-fits-all plans. We’re a large firm that keeps things friendly and personal, and we build estate plans around your family’s real needs, not a generic template.
What Are the Most Common Ways to Pass…
Continue Reading What Is the Best Way to Pass Down Property in an Estate Plan?

The division of marital property is an essential part of the divorce process, but what some people forget is the division of debts. Whether credit cards, car loans, or student loans, it is important to take a close look at the debts that have accrued as a couple. With the help of a Schaumburg, IL family law attorney, you can work toward a carefully crafted property agreement.
Every state has its own approach to dividing property, money, and debts. In Illinois, these are split according to what is equitable, not necessarily even, and the courts take various factors into…
Continue Reading How to Handle Debt and Divorce

As you look forward to the future, you will need to make some important decisions about the disposition of your property and the care of your dependents. These are the considerations that most people think of when they hear the term “estate planning.” Estate planning, however, also gives you the ability to make advance decisions for your own medical care and treatment so that in the event that you are disabled or otherwise incapacitated, there will be no doubt regarding your wishes.
At A. Traub & Associates, we know how sensitive estate planning can be. Our Lombard, IL estate planning…
Continue Reading Your Rights to Receive or Refuse Death-Delaying Procedures

Having a comprehensive estate plan in place can save you a lot of stress and provide your loved ones with direction. However, an estate plan is complete after formation. There may be times when you have to revisit your plan to make sure it still reflects your wishes, whether that means updating your will, powers of attorney, or other documents.
At A. Traub & Associates, we have over a century of total legal experience, giving us unparalleled insights into how to effectively draft an estate plan. When you work with our Schaumburg, IL estate planning attorneys, we can inform…
Continue Reading When Do You Need To Modify Your Estate Plan?

A major component of estate planning involves preparing for probate. Even if you have a will drafted, the people who benefit from your estate may still struggle with this court-supervised process. However, there are steps you can take to make probate less difficult.
At A. Traub & Associates, our award-winning Arlington Heights, IL probate lawyers can represent clients who are interested in drafting an estate plan, as well as beneficiaries who are currently going through probate in court. We have over a century of combined experience, which includes successes in litigation on behalf of our clients. 
What Is Probate…
Continue Reading Common Problems With the Probate Process

While some people see the end of their marriage approaching, others find that divorce is unexpected. But whether they are ready to divorce or not, people often express feeling blindsided by the legal complexities and financial costs of dissolving their marriage.
Divorce can be expensive and difficult, but one way to make the process easier is through mediation. If couples are able to work together with a trained mediator to resolve the issues in their divorce, they can complete the process much more quickly and efficiently.
At A. Traub & Associates, our Schaumburg, IL divorce attorneys work on providing…
Continue Reading 4 Benefits of Divorce Mediation

The process of property division is often a challenging part of any divorce. However, when high net worth comes into the equation, things can get extremely complex and very contentious. It is a good idea to engage a qualified lawyer to help guide you and your soon-to-be-former spouse with minimal stress.
At A. Traub & Associates, we know how to navigate the stresses that come with high asset divorces. Our Lombard, IL family law attorneys have received over 150 5-star reviews from satisfied clients, earning special praise for our “responsive, flexible” approach and personable service. We will review your financial…
Continue Reading The Challenges of High Net Worth Divorce

During a divorce, most people think about how things like cars, real estate, and retirement accounts will be divided between the spouses. But, as our society becomes increasingly information-driven, another major category of property to be split is intellectual property. In a high net worth divorce, dividing these unconventional assets can be a major source of argument between the spouses.
At A. Traub & Associates, our Arlington Heights, IL divorce lawyers are equipped to handle complex property division. Our attorneys have been recognized as Super Lawyers, so you can trust that we will handle your case with proper diligence…
Continue Reading Dividing Intellectual Property in an Illinois Divorce